Last August we completed a house move in Mossley Hill. We have since encountered a number of issues with the property which we consider were omitted in the conveyancing searches. Is there anything we can do? Can you clarify the type of searches that should have been conducted as part of conveyancing in Mossley Hill?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Mossley Hill. Conveyancing searches and due diligence initiated during the legal transfer of property are supposed to help avoid problems. As part of the legal transfer of property, the vendor answers a questionnaire called a SPIF. answers is inaccurate, you could possibly take legal action against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Mossley Hill.
In what way does my ID and proof of funds have anything to do with my conveyancing in Mossley Hill? Why is this being asked of me?
Mossley Hill conveyancing solicitors as well as nationwide property lawyers throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to verify the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (typically a Utility Bill less than 3 months old).
Proof of source of funds is also necessary under the money laundering statutes as conveyancers have a duty to check that the money you are utilising to buy a property (be it the exchange deposit or the full purchase price where you are a cash purchaser) has come from an acceptable source (such as an inheritance) rather than the proceeds of illegitimate behaviour.
We're in Mossley Hill, First time buyers purchasing with a mortgage (lender is Yorkshire BS , and our solicitor is on the Yorkshire BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Yorkshire BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Is it possible to change solicitor as I have to find one who is on the Leeds Building Society conveyancing panel. I instructed a local conveyancing solicitor in Mossley Hill round the corner but she is not approved by Leeds Building Society
We will our best to assist in finding you a conveyancing solicitor in Mossley Hill on the Leeds Building Society panel. Please note that the law firms that we list do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Mossley Hill. In making use of search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Mossley Hill.
Why do I have to supply my conveyancer with a list of items of identification before they can proceed with selling or buying a property in Mossley Hill?
Mossley Hill solicitors are duty bound by the Law Society, Solicitors Regulation Authority, the Land Registry and current AML Regulations to record that the have verified the identity of their clients. It is also sometimes a condition of your mortgage offer. Furthermore they have to complete various forms, particularly those relating to SDLT and need to have details such as your full names, NI number and date of birth.