What does my ID and proof of funds have anything to do with my conveyancing in Wrexham? Why is this being asked of me?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Wrexham. Nowadays you can not proceed with any conveyancing deal without first handing over evidence of your identity. This usually takes the form of a either your passport or driving licence and a council tax bill. Remember if you are supplying your driving licence as proof of identification it needs to be both the paper part as well as the photo card part, one is not acceptable in the absence of the other.
Proof of the origin of monies is necessary in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your lawyer will need to have this information on file. Your Wrexham conveyancing lawyer will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they may also ask further queries concerning the source of funds.
I am considering applying for a Aldermore mortgage for purchase of a newly converted (under development) in Wrexham with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Aldermore ?
In theory, you could use a solicitor that is not on the Aldermore conveyancing panel, but Aldermore would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
Me and my brother have a renovated Victorian house in Wrexham. Conveyancing lawyer acted for me and Accord Mortgages Ltd. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Wrexham and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing lawyer who conducted the purchase.
I'm purchasing a new build house in Wrexham with the aid of help to buy. The builders refused to move on the amount so I negotiated 6k of additionals instead. The house builders rep advised me not reveal to my solicitor about the side-deal as it could jeopardize my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What makes your site different to other web based conveyancing solicitors when it comes to conveyancing in Wrexham?
At this site secure a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Wrexham. As opposed to estate agents and brokerage sites we do not have kick-back deals with solicitors. A large number of agents and online brokers 'recommend' solicitors who pay the highest per referral, as opposed to the best value conveyancing in Wrexham
I need to instruct a conveyancing solicitor for leasehold conveyancing in Wrexham. I happened to land on a site which seems to have the perfect solution If it is possible to get all formalities completed via phone that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?