My friend's uncle is a conveyancer. I am hopeful that I will receive mate’s fee for conveyancing, but if not, what kind of fees would I typically be looking at for conveyancing in Woodstock?
Do compare pricing. Do use our comparison tool on this page. You will notice that charges seem to vary but service levels do differ between solicitors as is the case with most professions.
In what way does my ID and proof of funds have anything to do with my conveyancing in Woodstock? What am I being asked for?
Woodstock conveyancing solicitors as well as nationwide property practitioners throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to ensure that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and proof of address (typically a Utility Bill no older than three months).
Confirmation of source of monies is also necessary in compliance with the money laundering laws as lawyers are obliged to investigate that the monies you are utilising to acquire a property (whether it be the deposit for exchange or the total purchase monies where you are buying mortgage free) has originated from legitimate source (such as an inheritance) as opposed to the product of illegitimate activity.
I am purchasing a house and the conveyancer has identified Chancel Repair for which the house could be liable given it’s proximity to the area of such a church. He has recommended insurance. Is this strictly necessary for conveyancing in Woodstock
Unless a prior acquisition of the property took place after 12 October 2013 you may expect solicitors delivering conveyancing in Woodstock to remain encouraging a chancel search and or chancel repair liability policy.
How does conveyancing in Woodstock differ for newly converted properties?
Most buyers of new build residence in Woodstock approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is completed. This is because builders in Woodstock tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Woodstock or who has acted in the same development.
I decided to have a survey completed on a property in Woodstock prior to appointing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies may not issue a loan on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Woodstock. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Woodstock to see if the conveyancing costs will increase in light of this.
I am thinking of appointing a conveyancing practitioner in Woodstock for my house move. Can I see a firm’s complaints history with the profession’s regulator?
Anyone can read presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. For details Pre 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator may recorded telephone calls for training reasons.