It has come to my attention via my estate agent that my Catterick Garrison lawyer is not on the bank Solicitor panel. How can I check?
The best course of action for you to take is to call your Catterick Garrison conveyancer. You lawyer should advise you of the situation. Where they are not on the panel they may be able to suggest a Catterick Garrison conveyancing firm that is on the approved list of lawyers for your bank.
In what way does my ID and proof of funds have anything to do with my conveyancing in Catterick Garrison? Why is this being asked of me?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Catterick Garrison. Nowadays you will not be able to complete any conveyancing transaction without first providing evidence of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Remember if you are supplying your driving licence as evidence of identification it needs to be both the paper element as well as the photo card part, one is not sufficient in the absence of the other.
Evidence of the origin of monies is required under Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancer must have this information on record. Your Catterick Garrison conveyancing solicitor will require evidence of proof of funds before they are able to accept any funds from you into their client account and they should also ask additional queries regarding the source of funds.
I am buying a new build flat in Catterick Garrison. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Catterick Garrison
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
Due to the encouragement of my in-laws I had a survey completed on a house in Catterick Garrison prior to retaining lawyers. I have been told that there is a flying freehold element to the property. My surveyor has said that some lenders may not grant a mortgage on such a home.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. If you e-mail us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Catterick Garrison. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Catterick Garrison to see if the conveyancing costs will increase in light of this.
My uncle has recommend that I use his conveyancing solicitors in Catterick Garrison. Do I follow his recommendation?
No doubt it’s preferable to select a conveyancing solicitor is to have guidance from friends or family who have actually used the firm that you are contemplating using.