What does my ID and proof of funds have anything to do with my conveyancing in Littleborough? Is this really warranted?

You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Littleborough. However these days you will not be able to complete any conveyancing transaction if you have not supplying evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Please note that if you are supplying your driving licence as proof of ID it needs to be both the paper section and photo card part, one is not sufficient in the absence of the other.

Verification of your origin of money is mandated in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your lawyer will need to have this information on record. Your Littleborough conveyancing practitioner will need to see evidence of proof of funds prior to accepting any money from you into their client account and they should also ask additional queries regarding the origin of funds.

I am considering applying for a Lloyds mortgage for purchase of a newly converted (under development) in Littleborough with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Lloyds ?

There is nothing to stop you using your solicitor, but Lloyds will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.

I know that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when buying a property in Littleborough? or Apparently there is a law dating back centuries that could mean that house owners residing in a parish church boundary may be liable to contribute towards maintenance towards the chancel within the church. Is this suitable for conveyancing in Littleborough?

Unless a prior purchase of the property took place after 12 October 2013 you could assume that solicitors delivering conveyancing in Littleborough to continue to advocate a chancel search and or chancel repair liability policy.

Over the last few months I have been searching for a ground for flat up to £235,500 and found one close by in Littleborough I like with a park and station in the vicinity, the downside is that it's only got 49 years unexpired on the lease. I can't really find anything else in Littleborough in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?

If you require a mortgage the shortness of the lease will be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.

What does commercial conveyancing in Littleborough cover?

Non domestic conveyancing in Littleborough incorporates a wide range of services, given by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.