In what way does my ID and proof of funds have anything to do with my conveyancing in Barnehurst? Is this really warranted?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms and Conditions that you are required to sign will no doubt confirm this. Your lender will also require certain documents to be viewed. If you are unwilling to hand over ID verification documents, your lawyer would not be able to act for you.
My brother-in-law has suggested I instruct a conveyancing solicitor in Barnehurst. I need to find out if they are on the Birmingham Midshires approved list of lawyers. Can you assist?
The first thing you should do is contact the lawyer and enquire whether they are on the lender panel. Alternatively you can get in touch with Birmingham Midshires who may be able to confirm.
2 months have gone by following my purchase conveyancing in Barnehurst concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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 premises 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.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what should have been a straight forward, no chain conveyancing. Barnehurst is the location of the property. Can you offer any assistance?
Flying freeholds in Barnehurst are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Barnehurst you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Barnehurst 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 premises.
We are considering using an online property lawyer rather than a Barnehurst conveyancing practice. Any advice?
Advantages do exist in being able to visit a local Barnehurst conveyancing solicitor such as
- signing documents on short notice
- sometimes being able to see someone face-to-face can make a huge difference, particularly for more complex conveyancing
- the ability to raise concerns if things are not going as expected
When comparing fees, look out for hidden extras. Most decent Barnehurst high street solicitors give an all-inclusive figure. Many online agents seem to offer cheap fees, but have hidden 'extras' in the fine print.