Much to our surprise we have been notified by our IFA that my Edgbaston solicitor is not on the bank Solicitor panel. How can I be sure whether this is correct?
Your first step should be to contact your Edgbaston conveyancer. You lawyer should inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
Is there a search tool that I can utilise to check that the solicitor carrying out my conveyancing in Edgbaston is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Halifax thus spending £187.00 plus VAT in further legal charges.
Feel free to take advantage of the find a lender approved solicitor tool on this web page. Pick the mortgage company and type ‘Edgbaston’ or your location and you will be presented with numerous solicitors located in Edgbaston or nearest you.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Edgbaston. 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.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Edgbaston
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please confirm the Lease plans are surveyor prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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.
As co-executor for the estate of my aunt I am selling a house in Monmouth but I am based in Edgbaston. My lawyer (who is 250 miles from mehas requested that I execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Edgbaston to witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are located in Edgbaston
I am buying a maisonette mortgage free. I have provided conveyancer with 2 distinct proof of photo ID, bank statement, numerous utility bills. Now he needs a copy from a probate lawyer stating that the funds are in place and that it has come from inheritance and not dealing E's in Ibiza.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Edgbaston conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.