What does my ID and proof of funds have anything to do with my conveyancing in Marlborough? What am I being asked for?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with prior to agreeing to accepting their conveyancing instruction. The Terms and Conditions that you are required to sign should reaffirm this. Your lender will also require certain documents to be viewed. Should you are unwilling to supply ID verification documents, your lawyer will not be able to take you on as a client.
My wife and I have recently appointed a conveyancing solicitor in Marlborough. I I would like to check if they are accepted on the Barclays approved list of lawyers. Can you or the lender confirm if they are on the panel?
You should call the lawyer and enquire whether they can act for the lender. Alternatively please call Barclays who may be able to assist.
I opted to have a survey completed on a property in Marlborough ahead of instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some banks tend not issue a loan on this type of premises.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Marlborough. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Marlborough to see if the conveyancing will be more expensive.
My partner has recommend that I use his conveyancing solicitors in Marlborough. Should I find my own conveyancer?
Much as we are happy to recommend a Marlborough conveyancing lawyer the best way to select a conveyancing lawyer is to have feedback from friends or family who have actually previously instructed the conveyancer you're are thinking of instructing.
Is there a reason that Marlborough conveyancing charges differ for leasehold and freehold properties?
Inevitably there is more work necessary for leasehold conveyancing. Marlborough has many leasehold properties. There is more paperwork involved in the purchase: for example, the lease and leasehold information (including current service charge, ground rent and buildings insurance details) obtained from the freeholder or managing agents. There are strict criteria that the lease must meet in order to be acceptable to a mortgage company. If it does not meet these requirements, the lease must be amended, which can involve additional expense for the seller.