I am acquiring a property without a mortgage in Canterbury. I have resided for the previous Seventeen years in Canterbury. Conveyancing searches are a lot of money. Given that I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a home loan, then the vast majority of the Canterbury conveyancing searches are optional. Your lawyer will 'advise', no-doubt strongly, that you should have searches done, but she is duty bound to take that path of advice. One thing to bear in mind; if you are intend to dispose of the house one day, it could be of interest to your future buyer what the searches disclose. On occasion premises with day to day issues can still reveal unexpected search results. A competent conveyancing solicitor in Canterbury will be able to give you some sensible advice concerning this.
In what way does my ID and proof of funds have anything to do with my conveyancing in Canterbury? Is this really warranted?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the potential client they are dealing with before they can accept their conveyancing business. The Client Care letter that you are required to sign should stipulate this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you refuse to provide ID verification documents, your solicitor will not be able to take you on as a client.
Is it correct that all Canterbury CQS (Conveyancing Quality Scheme) solicitors are on the Clydesdale conveyancing list of approved solicitors?
It is true that some banks and building societies now utilise CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
Last month we had a mortgage agreed in principle with Bank of Ireland. Canterbury conveyancing solicitors have been chosen. What is the average time that one could expect to receive a mortgage offer from Bank of Ireland?
Some lenders take longer than others. Have Bank of Ireland done the survey? Have you informed Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Principality have agreed my home loan in principle, my bid on a property in Canterbury has been agreed to, what are the next steps?
Your property agent will want to be informed of your property lawyer's details (ensure that the lawyers are on the bank’s panel). Telephone Principality or your broker and finish off any relevant forms. Principality will instruct a valuer who will get in touch with the estate agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes about a fortnight for the mortgage offer to be issued. Principality will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Canterbury.
Given that I will soon spend £400,000 on a garden flat in Canterbury I would like to have a conversation with the solicitor concerning thehome move in advance of giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer who will be doing your conveyancing in Canterbury.There is no ‘factory style conveyancing’ - every client is an important person, not a matter number. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in Canterbury should be the figure that you end up paying.
In searching the web for the term on line conveyancing in Canterbury it brings up many property lawyersin the area. With so much choice what is the best way to find the right conveyancing solicitor for purchase transaction?
The best method of finding the right conveyancer is through a trusted testimonial, so seek the guidance of friends and family who have purchased a property in Canterbury or the local estate agent or financial adviser. Costs for conveyancing in Canterbury differ, so it's sensible to secure a minimum of four fee calculations from different conveyancers. Dont forget to clarify that the fees are fixed.