Would the conveyancing lawyers that are recommend carry out auction conveyancing in Great Baddow?
We know of a few niche practitioners we can connect you with those specialising in auction conveyancing. Great Baddow is one of our locations where our lawyers have offices.
What does my ID and proof of funds have anything to do with my conveyancing in Great Baddow? Is this really warranted?
Great Baddow conveyancing solicitors and indeed property lawyers accross the UK have a duty under money laundering regulations to check the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to disclose two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and evidence of address (usually a Bank Statement no older than three months).
Proof of source of funds is also required under the money laundering laws as solicitors are duty bound to investigate that the monies you are using to buy a property (whether it be the deposit for exchange or the full purchase amount where you are a cash purchaser) has come from an acceptable source (such as employment savings) rather than the fruits of illegitimate behaviour.
In reviewing moneysavingexpert.com for a cheap solicitor in Great Baddow, most advise that I should use a CQS assured lawyer. What is CQS?
Great Baddow Conveyancing Quality Scheme law firms have been granted certification under the Law Society's Scheme (CQS) The Law Society introduced CQS to promote high standards in the in the legal transfer of properties. CQS helps buyers and sellers to identify solicitor firms that provide a quality residential conveyancing. Great Baddow is one of the many areas in England and Wales in which accredited firms are based. The scheme requires law firms to undergo a strict assessment, compulsory training, self-certification, random audits and annual reviews in order to maintain CQS status. It is available to solicitors and not licensed conveyancers and has the support of the Legal Ombudsman.
It has been three months following my purchase conveyancing in Great Baddow took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. 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 asset 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.
I decided to have a survey completed on a house in Great Baddow ahead of appointing lawyers. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies tend not issue a mortgage on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Great Baddow. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Great Baddow to see if the conveyancing will be more expensive.