In what way does my ID and proof of funds have anything to do with my conveyancing in Hockley? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Hockley conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually satisfied by provision of a passport and an original bank statement or utility account evidencing where you live.
Under Money Laundering Regulations, property lawyers are obliged by law to ascertain not just the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this may result in your lawyer ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to inform the appropriate authorities should they consider that any amounts received by them may contravene the Money Laundering Regulations.
We expect to receive a OIP from UBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do UBS recommend any Hockley solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Hockley solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I'm at the point of looking at houses in Hockley and I am about to put in an offer. Is it premature to have a solicitor in place? I am planning to take a mortgage with Co-operative.
It would be advisable to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are getting a mortgage with Co-operative, make sure you remember to check that your lawyer is on the Co-operative conveyancing panel.
My offer on a house in Hockley has been agreed to, the vendors do nevertheless have a tied purchase. The vendors have placed an offer on a property, but it’s not yet agreed to, and have viewings of other apartments booked. I have instructed a high street conveyancing solicitor in Hockley. What do I do now? At what stage should I apply for the mortgage with Nationwide?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then survey, Hockley conveyancing search fees, etc). The first course of action is to check that your property lawyer is on the Nationwide approved list. Regarding the next phase this very much dictated by the uniqueness of your case, attraction to the property and on the state of the market. During a buoyant market some purchasers will apply for a home loan with Nationwide and pay for the valuation and only if it comes back ok would they pay their solicitor to proceed with searches.
My relative recommended that where I am buying in Hockley I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Hockley conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Hockley around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Hockley Education with maps and statistics, Local Amenities and other useful data about Hockley.
As co-executor for the estate of my grandfather I am selling a house in Newport but live in Hockley. My lawyer (based 235 kilometers awayhas requested that I execute a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing practitioner in Hockley to attest and place their company stamp on the document?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Hockley based
It may have been a long time coming a mortgage agreement from a bank for the remortgage of my 3 bedroom apartment is to be issued by the end of next week. Could you suggest an efficient remortgage conveyancing law firm in Hockley ?
You have come to the wrong place to search for the cheapest conveyancing in Hockley. Our intention is to offer excellent value conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing brokers offering £99 conveyancing in Hockley.In your best case scenario, in opting for cheap conveyancing, you will get what you pay for and at worst you will end up being stung for extras and still not receive the service required.