Do the conveyancing practitioners listed on your site carry out auction conveyancing in Thornton Heath?
There are a few auction lawyers we can put you in touch with those conducting auction conveyancing. Thornton Heath is just one of our locations in which our lawyers have offices.
In what way does my ID and proof of funds have anything to do with my conveyancing in Thornton Heath? Why is this being asked of me?
In order to comply with Money Laundering Regulations any Thornton Heath conveyancing firm will require proof of identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility account showing your correct address.
Under Money Laundering Regulations, property lawyers are required to check not only the identity of conveyancing clients but also the origin of the money that they receive in respect of any matter. An unwillingness to disclose this will result in your conveyancer cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to inform the relevant authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.
When researching moneysavingexpert.com for an online solicitor in Thornton Heath, many say that I should use a CQS assured lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in the legal transfer of properties, trusted by some of the UK's major mortgage companies. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Legal Ombudsman. CQS is not a scheme offered by the Council of Licensed Conveyancing. Thornton Heath is one of the numerous areas in England and Wales where there are CQS solicitors.
I used Wolstenholmes a few years past for my conveyancing in Thornton Heath. I now require my file however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Thornton Heath of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Thornton Heath differ for new build properties?
Most buyers of new build or newly converted property in Thornton Heath approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because builders in Thornton Heath usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Thornton Heath or who has acted in the same development.
I opted to have a survey carried out on a house in Thornton Heath in advance of appointing conveyancers. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some lenders may not grant a loan on a flying freehold premises.
It depends who your proposed lender is. Santander has different requirements from Nationwide. If you e-mail us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Thornton Heath. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Thornton Heath to see if the conveyancing will be more expensive.