What does my ID and proof of funds have anything to do with my conveyancing in Benson? Why is this being asked of me?
In order to comply with Money Laundering Regulations any Benson conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually dealt with by provision of a passport and an original bank statement or utility bill showing where you reside.
Under Money Laundering Regulations, conveyancing solicitors are obliged by law to validate not only the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this will result in your conveyancer cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers will have an obligation to notify the appropriate authorities should they consider that any amounts received by them may contravene the Money Laundering Regulations.
I am considering applying for a Skipton mortgage for purchase of a newly converted (under development) in Benson with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Skipton ?
There is nothing to stop you using your solicitor, but Skipton will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
Have completed on a a detached house in Benson , how long should it take for the Land Registry to register my proprietorship? My Benson conveyancing solicitor works at snail pace, so I want to be sure the post completion formalities are concluded.
There is nothing unique when it comes to conveyancing in Benson registration formalities. Rather than based on location, timeframes can differ subject to the party submitting the application, whether there are errors and if the Land registry need to notify any interested persons or bodies. As of today roughly three quarters of submission are fully addressed in less than three weeks but occasionally there can be longer delays. Registration takes place once the purchaser is living at the property therefore 'speed' is not always an essential issue but where there is a degree of urgency associated with the registration then you or your conveyancer could communicate with the Registry to express the reasoning for the application to be prioritised.
I am using a search engine for the words conveyancing in Benson it brings up many property lawyerslocally. With so much choice what is the best way to find the right conveyancer for me?
The ideal way of finding a suitable conveyancer is via trusted referral, so seek the opinion of friends and those you trust who have acquired a property in Benson or a local estate agent or mortgage broker. Charges for conveyancing in Benson vary, so it's a good idea to secure a minimum of four estimates from varying types of solicitors. Be sure to seek confirmation that the fees are fixed.
Me and my wife have recently had an offer accepted on our 1st home in Benson, and need to get solicitors appointed. I have utilised the various comparison tools and the quotes are from all across the England and Wales. Is it essential to have a Benson solicitor local to your potential new home? I am fine to do all the communicating over email, but I guess at some stage we may be required to physically go into the property lawyer's office to sign documents?
There is no need to attend the office of your conveyancer, they can send any relevant papers to you, which you can sign and return. Many buyers and sellers choose to use a locally based solicitor, but it's by no means essential for conveyancing in Benson.