In what way does my ID and proof of funds have anything to do with my conveyancing in Woodside Park? Is this really necessary?
In order to comply with Money Laundering Regulations any Woodside Park conveyancing firm will require proof of identity in all conveyancing transactions. This is usually dealt with by provision of a passport and an original bank statement or utility account evidencing where you reside.
Under Money Laundering Regulations, property lawyers are duty bound to validate not just the identity of conveyancing clients but also the source of monies that they receive in respect of any matter. Refusal to disclose this will 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 property lawyers will have an obligation to inform the appropriate authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.
We are selling our home in Woodside Park. Does my solicitor need to be on the UBS conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the UBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
My stepmother advised me that in buying a property in Woodside Park there could be various restrictions affecting the ability to carry out external alterations to a property. Is this right?
There are anumerous of properties in Woodside Park which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Woodside Park should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am the single beneficiary of my late father’s will with all property in now in my sole name, including the house in Woodside Park. The Woodside Park property was put into my name in December. I now wish to sell up. I do know about the CML six month 'rule', which means that my proprietorship will be considered the same way as if I'd bought the property in December. Will no one buy the property for half a year?
The CML handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. Some banks would take a sensible view as this provision chiefly exists to pick up on subsales or the wholesaling and assigning of property.
The formalities of my remortgage has taken place for my property in Woodside Park. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
Do commercial conveyancing searches disclose proposed roadworks that could impact a commercial premises in Woodside Park?
Many commercial conveyancing solicitors in Woodside Park will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Woodside Park. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Woodside Park.
For every commercial conveyancing transaction in Woodside Park it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Woodside Park commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Woodside Park.
I used Stirling Law a few years past for my conveyancing in Woodside Park. I now require my file but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Woodside Park of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
If instructed can a conveyancer remove a name from the title of my home in Woodside Park ?
Removing or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a solicitor to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer