In what way does my ID and proof of funds have anything to do with my conveyancing in Maesteg? Is this really warranted?
Maesteg conveyancing solicitors as well as nationwide property practitioners throughout the UK have an obligation under money laundering regulations to verify the identity of any client with a view to ensure that clients are who they say they are.
Conveyancing clients are required to produce two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Utility Bill less than 3 months old).
Proof of source of funds is also necessary under the money laundering statutes as lawyers are obliged to investigate that the funds you are using to purchase a property (be it the exchange deposit or the total purchase price if you are a cash purchaser) has originated from an acceptable source (such as employment savings) rather than the proceeds of illegitimate behaviour.
I have just over seventy years unexpired on my lease and need a lease extension for my apartment in Maesteg. Conveyancing solicitors on the Accord Mortgages panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 16/4/2019 the requirements read as follows :
My wife and I are buying a flat in Maesteg. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit money into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Does a directory service exist listing TSB panel solicitors in Maesteg on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. A small selection of banks make their panel listings open the public over the internet. Where you are in need of a Maesteg solicitor on the TSB please make the most of our facility.
Completion of my purchase has taken place for my property in Maesteg. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Just bought a semi-detached house in Maesteg , how long will it take for the Land Registry to deal with the formalities evidencing my ownership? My Maesteg conveyancing solicitor works at snail pace, so I want to be sure the registration formalities are concluded.
There is nothing unique when it comes to conveyancing in Maesteg registration formalities. Rather than based on location, timeframes can adjust according to the party submitting the application, whether there are errors and whether the Land registry need to notify any interested parties. As of today roughly three quarters of submission are fully dealt with in less than three weeks but occasionally there can be extensive hold-ups. Historically registration is effected once the buyer is living at the premises thus registration formalities is not always top priority but if there is a degree of urgency associated with the registration then you or your solicitor could speak with the land registry and explain the circumstances.
How do I use your search app to get a quote from a conveyancing lawyer in Maesteg on the authorised to act for my mortgage?
Step one is to select a mortgage company such as Halifax, Bank of Scotland or Aldermore then type in your preferred area a common one being Maesteg. Conveyancing organisations in Maesteg and across England and Wales should be identified.