What does my ID and proof of funds have anything to do with my conveyancing in Virginia Water? Why is this being asked of me?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Virginia Water. Nowadays you can not proceed with any conveyancing process if you have not handing over evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a utility bill. Please note that if you are providing your driving licence as proof of ID it must be both the paper section as well as the photo card part, one is not acceptable without the other.
Verification of the source of monies is mandated in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer must have this information on file. Your Virginia Water conveyancing solicitor will require evidence of proof of funds before they are able to accept any monies from you into their client account and they will also ask additional questions concerning the origin of funds.
We're in Virginia Water, First timers buying with a mortgage (lender is Virgin Money , and our solicitor is on the Virgin Money conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Virgin Money conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have been told that property searches are the main cause of stalling in Virginia Water conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Virginia Water.
Just acquired a detached house in Virginia Water , how long should it take for the Land Registry to record my ownership? My Virginia Water conveyancing solicitor has been very slow, so I want to check that my name is registered.
There is nothing unique about conveyancing in Virginia Water registration formalities. As opposed to being determined by geographic area, timeframes can differ according to the party submitting the application, whether there are errors and whether the Land registry communicate with any interested persons or bodies. At present in the region of 80% of submission are completed within 12 days but some can be subject to protracted delays. Historically registration occurs after the purchaser has moved in to the property so registration formalities is not usually top priority yet if it is urgent that the the registration takes place urgently then you or your lawyers should contact the land registry and explain the circumstances.
What tools are available to search for a Virginia Water solicitor on the Aldermore conveyancing panel? I have a car and am prepared to travel upto 20miles to meet the solicitor.
You can use the search on this page. Please pick a lender and your location and you will see a number of Virginia Water conveyancing lawyers based on proximity. We have listed some Virginia Water conveyancing firms at the bottom of this page and you can contact them to see if they are on the Aldermore panel
We're novice buyers - agreed a price, yet the property agent informed us that the seller will only move forward if we appoint the agent's recommended solicitors as they need a ‘quick sale’. We would rather use a high street conveyancer used to conveyancing in Virginia Water
We suspect that the owner is not behind this demand. If they require ‘a quick sale', alienating a genuine buyer is counter productive. Avoid the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are ready to progress, with finances arranged © you do not need to sell (d) you wish to move quickly (e)however you will continue to appoint your preferred Virginia Water conveyancing lawyers - not the ones that will earn the negotiator at the agency a introducer fee or meet his conveyancing thresholds set by corporate headquarters.