I plan on purchasing a maisonette in Moseley. My property lawyer has never been on on the bank solicitor panel. Can I still appoint my Moseley conveyancing solicitor notwithstanding that they are not on the mortgage company panel of approved conveyancing solicitors?
Various options include
- Complete the purchase with your chosen Moseley conveyancer but your lender will need to use a property lawyer from their conveyancing panel. The net result is additional charges together with probable delay.
- Appoint a new conveyancer to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Convince your conveyancer to seek to join the bank panel
Please could you recommend a Nationwide Building Society accepted Moseley conveyancing conveyancer that can complete within 10 days? Would it be better to use a high street Moseley solicitor or an online firm?
We can recommend some very good Moseley conveyancing firms. You can also walk up the main road in Moseley. Approach a couple of firms and request to speak with a conveyancing solicitor for a quote. Explain your time frames together with the reasons and ask for a commitment on speed. Appoint the lawyer that appears most efficient.
What does my ID and proof of funds have anything to do with my conveyancing in Moseley? What am I being asked for?
In order to comply with Money Laundering Regulations any Moseley conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually satisfied by provision of a passport and an original bank statement or utility account showing where you live.
Under Money Laundering Regulations, conveyancers are required to validate not simply the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this will lead to your lawyer cancelling their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to make a disclosure to the appropriate authorities should they consider that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
In researching online forums for a conveyancing lawyer in Moseley, most say that I should instruct a CQS accredited solicitor. Can you explain what CQS is?
Moseley Conveyancing Quality Scheme practices have achieved accreditation under the Law Society's Scheme (CQS) CQS was brought about to promote high standards in the in the legal transfer of properties. CQS enables consumers to recognise practices who provide a quality residential conveyancing. Moseley is one of locations in England and Wales in which CQS have offices. The conveyancing scheme requires law firms to undergo a strict assessment, compulsory training, self-certification, spot checks and annual reviews in order to maintain CQS status. It is available to solicitors and not licensed conveyancers and has the support of the Association of British Insurers.
I used Arc property Solicitors several years ago for my conveyancing in Moseley. Now, I need the files however cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Moseley of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.