I have just been advised by my mortgage broker that my Farnham Common the law firm I have appointed is not on the lender Solicitor panel. What can I do to be certain that this is indeed the case?
The best course of action for you to take is to call your Farnham Common lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they may be able to suggest a Farnham Common conveyancing practice that is on the approved list of lawyers for your bank.
What does my ID and proof of funds have anything to do with my conveyancing in Farnham Common? Is this really warranted?
In order to comply with Money Laundering Regulations any Farnham Common 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 showing your correct address.
In accordance with Money Laundering Regulations, conveyancers are obliged by law to investigate not just the identity of conveyancing clients but also the source of the money that they receive in respect of any matter. Refusal to disclose this may result in your solicitor terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to inform the relevant authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
Are the BSA planning on creating a search tool with a view to list practices on the Melton Mowbray Building Society conveyancing panel for example in Farnham Common?
We are not aware of any intention on the part of the BSA to develop such a tool.
I understand that there are debates on Chancel Insurance on online forums. Do I need this when purchasing a property in Farnham Common? or Apparently there is a law dating back centuries that means some owners of property residing in a parish church boundary will be compelled to pay for repairs towards the chancel in proximity to the church. Is this relevant for conveyancing in Farnham Common?
Unless a prior acquisition of the property took place post 12 October 2013 you can take it that solicitors delivering conveyancing in Farnham Common to remain encouraging a chancel search and or insurance against a claim.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The solicitors who handled the conveyancing in Farnham Common 10 years ago have long since closed. What are my next steps?
Nowadays there are duplicates made of almost everything, and your solicitor will be aware precisely where to look for all the appropriate documentation so you can buy or sell your property without any difficulty. If copies can’t be found, your conveyancer can put in place insurance or indemnities against future claims on the property.