I am getting a mortgage with Nat West. I would like to employ the services of a Licensed Conveyancer in Verwood. Does the Nat West Conveyancing panel exclude Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
In what way does my ID and proof of funds have anything to do with my conveyancing in Verwood? Is this really necessary?
In order to comply with Money Laundering Regulations any Verwood conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.
Under Money Laundering Regulations, conveyancing solicitors are required to investigate not only the ID of conveyancing clients but also the origin of monies that they receive in respect of any matter. Refusal to disclose this may result in your solicitor ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to make a disclosure to the relevant authorities should they consider that any monies received by them may contravene the Money Laundering Regulations.
I have justbeen informed that Action Conveyancing have closed. They conducted my conveyancing in Verwood for a purchase of a freehold house 18 months ago. How can I establish that the property is not still registered in the name of the former proprietor?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Verwood conveyancing specialists.
I am buying a new build apartment in Verwood. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Verwood
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The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision.
Due to the input of my in-laws I had a survey completed on a property in Verwood prior to retaining solicitors. I have been told that there is a flying freehold aspect to the house. My surveyor advised that some lenders will not give a mortgage on this type of property.
It varies from the lender to lender. Lloyds has different instructions from Nationwide. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Verwood. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking to sell my property. My past lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Verwood if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Verwood. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.