What does my ID and proof of funds have anything to do with my conveyancing in Clacton On Sea? Is this really warranted?
You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Clacton On Sea. However these days you can not complete any conveyancing deal in the absence providing proof of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are providing your driving licence as proof of identification it must be both the paper element as well as the photo card part, one is not acceptable without the other.
Evidence of your source of monies is necessary under Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancing solicitor will need to have this information on record. Your Clacton On Sea conveyancing practitioner will require evidence of proof of funds prior to accepting any funds from you into their client account and they should also ask further questions concerning the source of monies.
My home in Clacton On Sea is up for sale and I have accepted an offer. Will my property lawyer have to be required to be on the Santander conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Santander conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
We are selling our house in Clacton On Sea and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any high street Clacton On Sea lawyer would know this is not the case. It does beg the question why the buyers instructed a factory type conveyancing firm as opposed to a conveyancing solicitor in Clacton On Sea. Having lived in Clacton On Sea for 5 years we know of no issue. Do we contact our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing solicitor already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
It has been three months since my purchase conveyancing in Clacton On Sea completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Clacton On Sea is the location of the property. Can you offer any advice?
Flying freeholds in Clacton On Sea are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Clacton On Sea you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Clacton On Sea may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.