Me and my partner are due to complete on the purchase of a property in Liversedge but as a result of damage from a small fire at the property I have was able negotiate reparation from the owner in the sum of £3k by way of a reduction in the price. I had intended this to be addressed as part of amending the contract however Coventry BS are not allowing this. Should they have been involved?
Your conveyancer being on a Coventry BS approved list is required to disclose to Coventry BS of any amendments to the sale price. If you were to refuse your conveyancer to report the reduction to Coventry BS then they would have to discontinue acting for you. In addition, Coventry BS and you would have to appoint a new property lawyer for your conveyancing in Liversedge.
What does my ID and proof of funds have anything to do with my conveyancing in Liversedge? Why is this being asked of me?
Liversedge conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to check the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to produce two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and evidence of address (usually a Utility Bill less than 3 months old).
Proof of source of funds is also required under the money laundering statutes as conveyancers are required to investigate that the money you are using to buy a property (whether it be the deposit for exchange or the total purchase amount where you are buying mortgage free) has originated from a reputable source (such as an inheritance) rather than the product of criminal activity.
What is the best way to check that the solicitor carrying out my conveyancing in Liversedge is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Skipton Building Society thus spending £175.00 in further legal fees.
Feel free to make use of the find a lender approved solicitor tool on this site. Please choose the mortgage company and type ‘Liversedge’ or your location and you will discover a number of lawyer based in Liversedge or near you.
I need some fast conveyancing in Liversedge as I have a deadline to exchange contracts in less than 4 weeks. Luckily I do not need a mortgage. Can I escape the need for conveyancing searches to save money and time?
As you are are a cash buyer you have the choice not to do searches although no lawyer would suggest that you don't. With plenty of history conveyancing in Liversedge the following are instances of what can show up and therefore affect future saleability: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...
What are my options where I am not happy with the lawyer who undertook my conveyancing in Liversedge?
We live in an imperfect world, and is is a fact of life that sometimes things do go wrong. That being said there is recourse if you were dissatisfied with your conveyancing in Liversedge. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their regulator. If you remain unhappy you may consider enlisting the help of the Legal Ombudsman.