In what way does my ID and proof of funds have anything to do with my conveyancing in Withernsea? What am I being asked for?
Withernsea conveyancing solicitors and indeed property lawyers throughout the UK have a duty under money laundering regulations to check the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified identification; proof of ID (usually a Passport or Driving Licence) and evidence of address (usually a Utility Bill no more than three months).
Confirmation of source of funds is also required under the money laundering laws as solicitors have a duty to check that the funds you are using to buy a property (be it the exchange deposit or the total purchase monies where you are a cash purchaser) has come from legitimate source (such as employment savings) and is not the fruits of illegitimate activity.
I am planning to acquire a flat and require a conveyancing solicitor in Withernsea who is on the Nottingham Building Society solicitor. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nottingham Building Society in certain locations such as Withernsea. We dont recommend any particular firm.
I happen to be the only beneficiary of my late father’s will and I have everything in my name now, including the house in Withernsea. The Withernsea property was put into my name in November. I plan to dispose of the property. I understand that there is a CML 6 month 'rule', which means that my property ownership will be treated the same way as if I'd bought the property in November. Do I have to wait 6 months to sell?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. How sensible a view lenders take of it, depend on the mortgage company as this provision is primarily there to pick up on the purchase and immediately sell or the quick reselling of property.
We were going to get a AIP from Leeds Building Society this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Withernsea solicitors on the Leeds Building Society conveyancing panel, or is it better to go independently?
You will need to appoint Withernsea solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
My wife and I are in the throws of looking at houses in Withernsea and I am now considering a potential offer. Is it advisable to have a solicitor on ‘stand by’? I intend to finance via a mortgage with RBS.
It would be prudent to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. Given that you are obtaining a mortgage with RBS, make sure you remember to check that your lawyer is on the RBS conveyancing panel.
Is it necessary to take out insurance to cover chancel repairs when acquiring a house in Withernsea?
Unless a prior acquisition of the property took place post 12 October 2013 you could assume that solicitors handling conveyancing in Withernsea to continue to recommend a chancel search and or chancel repair liability policy.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Withernsea?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Withernsea. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How simple is it to use the search tool to select a conveyancing solicitor in Withernsea on the panel for my mortgage?
Step one is to select a mortgage company such as National Westminster Bank, Skipton Building Society or TSB then type in your location for example Withernsea. Conveyancing organisations in Withernsea and beyond should be listed.