In what way does my ID and proof of funds have anything to do with my conveyancing in Alvaston? Is this really necessary?
It is indeed that case that these requests have nothing to do with conveyancing in Alvaston. However these days you will not be able to proceed with any conveyancing process if you have not submitting proof of your identity. This usually takes the form of a either your passport or driving licence as well as a bank statement. Please note that if you are providing your driving licence as evidence of ID it needs to be both the paper section and photo card part, one is not satisfactory without the other.
Proof of the origin of funds is necessary in accordance with the Money Laundering Regulations. You should not be offended when you are asked to produce this as your lawyer must have this information on record. Your Alvaston conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they may also ask further queries concerning the origin of funds.
My uncle passed away 10 months ago and as sole heir and executor I was left the house in Alvaston. The house had a relatively small loan remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this possible?
If you plan to refinance then Bank of Ireland will require that you use a conveyancer on the Bank of Ireland conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Bank of Ireland conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Bank of Ireland mortgage is registered as a charge at the Land Registry.
three months have elapsed following my purchase conveyancing in Alvaston concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Alvaston is the location of the property. Can you offer any assistance?
Flying freeholds in Alvaston are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Alvaston you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Alvaston 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 property.
I am looking for a conveyancing solicitor in Alvaston for my house move. Is it possible to see a firm’s complaints history with the profession’s regulator?
You may find published Solicitor Regulator Association (SRA) decisions stemming from investigations commenced on or after 1 January 2008. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training reasons.