My fiance and I are intent on purchasing a maisonette in Kingswood. My lawyer is not on the lender solicitor list. Is it possible for me to use my Kingswood conveyancing solicitor notwithstanding that they are not on the mortgage company list of approved lawyers?
You have a number of alternatives available to you here
- Carry on with your chosen Kingswood property lawyer but your bank will need to instruct a conveyancer from their approved list. The net result is additional charges and likely interruption.
- Choose a fresh solicitor to act in the purchase, obviously checking they are on the bank conveyancing panel.
- Convince your conveyancing practitioner to do everything possible to get listed on the bank’s panel of solicitors
In what way does my ID and proof of funds have anything to do with my conveyancing in Kingswood? What am I being asked for?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identification documents of the person or body they are dealing with before they can accept their conveyancing retainer. The Terms of Engagement that you are required to sign will no doubt stipulate this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you are unwilling to supply ID verification documents, your conveyancer can not take you on as a client.
I am looking to buy a house and need a conveyancing solicitor in Kingswood who is on the National Westminster Bank conveyancing. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for National Westminster Bank in certain locations such as Kingswood. We dont recommend any particular firm.
How does conveyancing in Kingswood differ for new build properties?
Most buyers of new build residence in Kingswood contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is finished. This is because new home sellers in Kingswood usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Kingswood or who has acted in the same development.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Kingswood. I happened to chance upon a site which looks to be the perfect answer If there is a chance to get all this stuff done via email that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?