Is the fact that my solicitor in Cheshire is not on my bank's conveyancing panel that there is a problem with the standard of the firm’s conveyancing?
It would be unwise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should contact the Cheshire conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.
What does my ID and proof of funds have anything to do with my conveyancing in Cheshire? What am I being asked for?
In order to comply with Money Laundering Regulations any Cheshire 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 check not just the identity of conveyancing clients but also the origin of the money that they receive in respect of any matter. Refusal to disclose this will result in your lawyer 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 make a disclosure to the relevant authorities should they believe that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
Have just purchased a repossessed house at auction in Cheshire. Conveyancing is needed. What is next?
Now that you have for all intents and purposes signed on the dotted line you now have to hire the services of a conveyancing practitioner soon as you will have a pending deadline in which to complete the transaction. All auction property should have a corresponding legal pack. This will likely include most,if not all of the paperwork that your solicitor requires. Where you are dealing with leasehold property the conveyancing papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to a leasehold property. You need to hand this to your appointed conveyancing solicitor ASAP. Do make sure that that you have the requisite funding organised to complete on the on the contractual date .
I am currently in the process of buying my council flat in Cheshire. I have a mortgage offer with UBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
My offer was accepted on a house in Cheshire on 26/7/2019, valuation was booked 3 days later, all came back fine. Property lawyer instructed, so all that was missing was my mortgage offer. Having made daily calls to Barclays and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Barclays conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.
I'm refinancing my current house to a buy to let mortgage with Birmingham Midshires and intend to use the remaining equity towards further property. The area we are talking about is Cheshire. Will your lawyers be able to act for the two lenders and tie in the transactions?
Do use our search tool on this page to ensure that the solicitors are approved by both banks. Having checked that they are your solicitor will be able to simultaneously deal with the two transactions but you should have a chat with you solicitor and specify your desired outcome and requirements.
What type of property do your Cheshire conveyancing estimates apply to?
Our conveyancing quotes are only relevant to standard residential premises in England & Wales. If you have any different needs for instance industrial or agricultural property or commercial conveyancing in Cheshire please contact us to address this further .