Having been suggested to visit your company we were about to go ahead with a conveyancing solicitor in Westbury Park found using your search tool but have come across alternative estimates on the internet seem cheaper – how come?
You can find plenty of solicitors promoting supposedly cut-price conveyancing, yet more often than not additionalcosts end up with the completion bill totally different to the one you expected. According to the Legal Ombudsman charges contained in terms of business should be transparent and reasonable and be applied The solicitors that we put forward for conveyancing in Westbury Park set out all costs for a standard conveyancing case.
What does my ID and proof of funds have anything to do with my conveyancing in Westbury Park? Is this really warranted?
Westbury Park conveyancing solicitors as well as nationwide property practitioners throughout the UK have a duty under money laundering regulations to verify the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to disclose two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and proof of address (usually a Utility Bill no more than three months).
Proof of source of funds is also required under the money laundering laws as solicitors are obliged to investigate that the funds you are using to acquire a property (be it the exchange deposit or the total purchase amount where you are buying without a mortgage) has come from a reputable source (such as an inheritance) as opposed to the fruits of illegitimate activity.
My wife and I have recently appointed a conveyancing solicitor in Westbury Park. I I am struggling to find out whether they are accepted on the National Westminster Bank conveyancing panel. Could you help?
The first thing to do is contact your conveyancer and enquire whether they are on the lender panel. Otherwise you can get in touch with National Westminster Bank who may be able to help.
A relative suggested that if I am purchasing in Westbury Park I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Westbury Park conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Westbury Park around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Westbury Park Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Westbury Park Education with maps and statistics, Local Amenities and other useful data concerning Westbury Park.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Westbury Park is the location of the property. Can you shed any light on this issue?
Flying freeholds in Westbury Park are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Westbury Park you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Westbury Park may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Our bank agreed in principle to grant us a mortgage. We instructed a reputable conveyancer in Westbury Park last week. Today, our mortgage adviser contacted us saying that the mortgage company said that we cannot use our solicitor as they aren't on their 'approved list'. As FTB's, we had no idea that the mortgage company had some control over our choice Is this usual?
You are permitted to instruct any conveyancing solicitor you wish to choose including the said conveyancer in Westbury Park nevertheless if your lender aren't happy with them you would have to fork out additional cost so the mortgage company can appoint their own solicitors as well to protect their interest. On occasion it is conceivable that your solicitor may apply to get added to the lender list of approved firms. You can use internet tools including lenderpanel.com to find a conveyancing solcitor in Westbury Park on the bank panel. You can go into your high street lender branch in Westbury Park. They can recommend conveyancing solicitors in Westbury Park on the approved list.