In what way does my ID and proof of funds have anything to do with my conveyancing in Carmarthenshire? Is this really warranted?
In order to comply with Money Laundering Regulations any Carmarthenshire conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing where you live.
Under Money Laundering Regulations, conveyancers are obliged by law to validate not simply the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. Refusal to disclose this will lead to your solicitor ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to inform the appropriate authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.
The Carmarthenshire conveyancing lawyers that I recently instructed on my purchase in Carmarthenshire have suddenly closed. I only went with them because I had to have a firm on the Lloyds conveyancing panel and my previous Carmarthenshire lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What do I do now?
Assuming that you have an Estate Agent in the equation then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Lloyds conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.
I used Arc property Solicitors a few years past for my conveyancing in Carmarthenshire. I now require my papers however the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Carmarthenshire of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Carmarthenshire differ for newly converted properties?
Most buyers of new build or newly converted property in Carmarthenshire come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is built. This is because builders in Carmarthenshire typically purchase the real estate, 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 property lawyers 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 accustomed to new build conveyancing in Carmarthenshire or who has acted in the same development.
How do I identify leasehold conveyancing in Carmarthenshire?
First ask the people you trust who they used in the past and if they were happy with the service. Option 2 is to use a search tool on the internet for conveyancing in Carmarthenshire. Call two or three from the list and request that they email you their conveyancing quote and speak to the lawyer who will handle your conveyancing before you make your choice. Third is to make use of this site to assist you in finding the right lawyers taking into account your unique requirements including location,speed, complexity and who your intended mortgage company is.Avoid the trap of appointing £99 conveyancing solicitors in Carmarthenshire