What does my ID and proof of funds have anything to do with my conveyancing in Bubwith? Is this really necessary?

It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Bubwith. However these days you can not complete any conveyancing deal without first submitting proof of your identity. This usually takes the form of a either your passport or driving licence plus a council tax bill. Remember if you are providing your driving licence as evidence of ID it needs to be both the paper part and photo card part, one is not sufficient without the other.

Proof of the origin of monies is required under Money Laundering Regulations. Don’t be offended when when this is requested of you as your lawyer will need to have this information on record. Your Bubwith conveyancing solicitor 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 questions concerning the origin of funds.

Are there restrictive covenants that are commonly identified during conveyancing in Bubwith?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Bubwith. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How does conveyancing in Bubwith differ for newly converted properties?

Most buyers of new build or newly converted property in Bubwith approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Bubwith tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bubwith or who has acted in the same development.

Is it simple use your search tool to select a conveyancing solicitor in Bubwith on the approved list for my mortgage?

Step one is to choose a mortgage company such as Barclays , Skipton Building Society or Aldermore then type in your preferred area a common one being Bubwith. Conveyancing practices in Bubwith and across England and Wales should be shown.

Am I better off to choose a Bubwith conveyancing practitioner in close proximity to the house I am purchasing? I have an old university friend who can execute the legal work however her office is 300kilometers drive away.

The primary upside of using a high street Bubwith conveyancing firm is that you can pop in to execute paperwork, present your identification documents and apply pressure on them where appropriate. Having local Bubwith know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and in the main were impressed that must outweigh using an unfamiliar Bubwith conveyancing solicitor just because they are based in the area.