In what way does my ID and proof of funds have anything to do with my conveyancing in Clydach? Is this really necessary?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Clydach. Nowadays you can not complete any conveyancing deal if you have not providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Please note that if you are supplying your driving licence as proof of ID it needs to be both the paper element and photo card part, one is not sufficient without the other.
Verification of your origin of funds is mandated under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancing solicitor will need to have this information on file. Your Clydach conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they will also ask additional queries regarding the source of funds.
My uncle informed me that in buying a property in Clydach there may be various restrictions prohibiting external changes to the property. Is this right?
There are anumerous of properties in Clydach which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Clydach should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is it the case that all Clydach conveyancing solicitors on the Santander conveyancing panel are governed by the SRA?
As a firm of solicitors, in order to be on the Santander approved list of solicitors they would need to be governed by the SRA. Some lenders do permit licenced conveyancers on their panel and in that case the firms would be governed by the CLC.
After shopping around on the internet I have found a Clydach solicitor having made sure that they are on the Aldermore conveyancing panel. Does my lawyer arrange the survey of the property?
Aldermore will need an independent valuation of the property. Your lawyer will not arrange this. Usually Aldermore will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Clydach surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Are there restrictive covenants that are commonly picked up during conveyancing in Clydach?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Clydach. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
About to purchase a new build apartment in Clydach. Conveyancing is necessary evil 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 conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Clydach
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. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I see that you have a search directory identifying solicitors on the lender conveyancing panel. Do Clydach conveyancing firms pay you a referral fee if I instruct them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Clydach.