All was ready to complete my purchase in Belbroughton next Monday. My property lawyer now wants me to supply her with evidence of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the bank. What risks does the bank expect the insurance to cover?

Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook requirements. These requirements are not specific to conveyancing in Belbroughton.

In what way does my ID and proof of funds have anything to do with my conveyancing in Belbroughton? Why is this being asked of me?

It is indeed that case that these requests have nothing to do with conveyancing in Belbroughton. Nowadays you will not be able to complete any conveyancing deal without first supplying 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 supplying your driving licence as proof of identification it must be both the paper element as well as the photo card part, one is not sufficient in the absence of the other.

Evidence of your source of monies is required under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancer will need to have this information on record. Your Belbroughton conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any money from you into their client account and they may also ask further questions concerning the origin of monies.

I opted to have a survey done on a property in Belbroughton in advance of retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies will not issue a loan on this type of house.

It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. If you e-mail us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Belbroughton. Conveyancing may be slightly more expensive based on your lender's requirements.

As co-executor for the will of my father I am disposing of a residence in Cardiff but live in Belbroughton. My conveyancer (who is 260 miles from mehas requested that I sign a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Belbroughton who can witness this legal document for me?

Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are located in Belbroughton

What type of property do your Belbroughton conveyancing quotes apply to?

Our conveyancing quotes are only applicable to standard residential premises in England & Wales. Where you have any different needs for example industrial or agricultural property or commercial conveyancing in Belbroughton please telephone us to discuss your requirements .