In what way does my ID and proof of funds have anything to do with my conveyancing in Mudeford? Is this really warranted?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identity of the potential client they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Where you refuse to provide identification documents, your conveyancer can not take you on as a client.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Mudeford. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 19/6/2021, the requirements read as follows :
I am intent on selling our home in Mudeford and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A high street Mudeford lawyer would know that there is no such problem. It does beg the question why the purchasers instructed a nationwide conveyancing outfit as opposed to a conveyancing solicitor in Mudeford. We have lived in Mudeford for six years we know that this is a non issue. Do we get in touch with our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Mudeford is where the house is located. Can you offer any opinion?
Flying freeholds in Mudeford are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Mudeford you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mudeford may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Do I have to pop into the offices of the mortgage company conveyancing panel solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Mudeford as it will be easier to attend their offices if necessary.
Most conveyancing panel lawyers for the mortgage company undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Mudeford. it would nevertheless be wise to check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.