The Whyteleafe conveyancing firm handling our Whyteleafe conveyancing has discovered an inconsistency between the information in the home valuation survey and what is in the legal papers for the property. My lawyer informs me that he needs to check that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s approach right?
Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
What does my ID and proof of funds have anything to do with my conveyancing in Whyteleafe? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Whyteleafe conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility bill showing where you live.
In accordance with Money Laundering Regulations, conveyancing solicitors are duty bound to check not just the ID of conveyancing clients but also the source of the money that they receive in respect of any matter. Refusal to disclose this may result in your lawyer 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 relevant authorities should they believe that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
I am looking to buy a property and require a conveyancing solicitor in Whyteleafe who is on the Virgin Money approved. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Virgin Money in certain locations such as Whyteleafe. We dont recommend any particular firm.
We are purchasing a property and the solicitor has referenced Chancel Repair to which the house may be liable because it falls into the area of such a church. He has recommended insurance. Is this strictly warranted for conveyancing in Whyteleafe
Unless a previous acquisition of the property completed after 12 October 2013 you could assume that lawyers conducting conveyancing in Whyteleafe to remain recommending a chancel search and or insurance against a claim.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what should have been a quick, no chain conveyancing. Whyteleafe is the location of the property. Can you shed any light on this issue?
Flying freeholds in Whyteleafe are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Whyteleafe you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Whyteleafe may ascertain 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.
Taking into account that I am about to spend £400,000 on 3 bedroom house in Whyteleafe I would like to talk to a conveyancer regarding thetransaction ahead of giving the go ahead to the firm. Is this something that you can arrange?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer due to be doing your property ownership legalities in Whyteleafe.There is no ‘factory style conveyancing’ - each client is an important individual, not a file number. The law firms that we put you in touch with believe that the figure you are provided with for your conveyancing in Whyteleafe should be the figure that you end up paying.