What does my ID and proof of funds have anything to do with my conveyancing in Langford? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in Langford. However these days you can not proceed with any conveyancing transaction without first providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Remember if you are providing your driving licence as evidence of identification it must be both the paper section and photo card part, one is not sufficient without the other.
Evidence of your origin of monies is required in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancing solicitor must have this information on file. Your Langford conveyancing practitioner will need to see evidence of proof of funds prior to accepting any money from you into their client account and they will also ask further questions concerning the origin of funds.
Should my lawyer be raising questions regarding flooding as part of the conveyancing in Langford.
Flooding is a growing risk for solicitors dealing with homes in Langford. There are those who purchase a property in Langford, fully aware that at some time, it may be flooded. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Solicitors are not best placed to give advice on flood risk, but there are a numerous checks that may be undertaken by the purchaser or on a buyer’s behalf which can figure out the risks in Langford. The conventional set of property information forms sent to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual question of the seller to discover if the premises has suffered from flooding. In the event that flooding has previously occurred and is not disclosed by the vendor, then a purchaser may issue a compensation claim as a result of such an incorrect response. The buyer’s lawyers should also conduct an enviro search. This will reveal if there is any known flood risk. If so, further inquiries will need to be carried out.
I used Action Conveyancing a few years past for my conveyancing in Langford. Now, I need my documents however the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Langford of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am using a search engine for the term cheap conveyancing in Langford it reveals numerous solicitorsin the area. How do I determine which is the right property lawyer for the sale of my house?
The preferential method of seeking a suitable conveyancer is through a trusted testimonial, so seek the counsel of colleagues and relatives who have acquired a property in Langford or the respected estate agent or financial adviser. Charges for conveyancing in Langford vary, so it's a good idea to secure at least three costs illustrations from varying types of conveyancers. Be sure to secure confirmation that the fees are fixed.
My fiance and I have just had an offer agreed on a house and had meeting on Wednesday with the Post Office for the mortgage. They warned us that when it comes to selecting a conveyancing practitioner that unless they are on their approved list of lawyers then we will incur an additional fee of £250+. This is because they will then have to instruct a solicitor to act on their behalf in addition to the one we choose to act on our behalf and we are liable for their costs. I have asked the Post Office to provide me with a list so I can seek quotes only from their approved conveyancers but was told that I need to check with each individual conveyancer to see if they are on the panel. Is there a list online?
You can enquire of the Post Office what their criteria for panel membership is for a conveyancer.Thereafter ask the property lawyer of your choice whether they fit that criteria and have they acted on mortgages for the Post Office before. If the answer to those is yes, then just clarify this with the Post Office. Alternatively please use our search facility and we may be able to identify a conveyancer in Langford on the panel for the Post Office.