I am buying a maisonette in Tufnell Park. My lawyer is not on the lender solicitor panel. Am I still permitted to retain my Tufnell Park conveyancing solicitor notwithstanding that they are not on the bank list of approved lawyers?
One will need to instruct a solicitor to complete the formalities when you require a loan to buy your home. The conveyancer will conduct all the essential due diligence on the property, ensuring that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is in place. You could select a Tufnell Park conveyancer of your choosing. However, if the property lawyer appointed is not a member of the lender approved list further fees will arise as separate legal representation will be required by them. Conveyancing panel applications can be submitted, so provided your conveyancer has not previously applied for membership they should take the opportunity to apply.
Would the conveyancing lawyers that you recommend execute auction conveyancing in Tufnell Park?
We know of a number of niche practitioners we can connect you with those who can conduct auction conveyancing. Tufnell Park is one of hundreds of locations in which our lawyers are based.
In what way does my ID and proof of funds have anything to do with my conveyancing in Tufnell Park? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Tufnell Park 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 evidencing where you reside.
In accordance with Money Laundering Regulations, property lawyers are required to check not only the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this may lead to your conveyancer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to inform the appropriate authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
I used Arc property Solicitors several years past for my conveyancing in Tufnell Park. Now, I need the documents however cannot find the solicitor. 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 Tufnell Park of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I opted to have a survey completed on a house in Tufnell Park in advance of retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some lenders tend not issue a loan on a flying freehold house.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Tufnell Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Tufnell Park to see if the conveyancing costs will increase in light of this.
Taking into account that I am about to spend £400,000 on a two bedroom apartment in Tufnell Park I would like to have a conversation with the lawyer regarding thehome move ahead of giving the go ahead to the firm. Can this be arranged?
Absolutely - we would be happy to talk to you we do not take any clients on without you speaking to the lawyer who will be carrying out your conveyancing in Tufnell Park.There is no ‘factory style conveyancing’ - every client is an important person, not a file number. The practices that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Tufnell Park should be the figure that you are charged.