What does my ID and proof of funds have anything to do with my conveyancing in Netherne? Why is this being asked of me?
Netherne conveyancing solicitors as well as nationwide property lawyers accross the UK have an obligation under Anti-terror and anti-money-laundering rules to check the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to disclose two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement less than 3 months old).
Proof of the origin of monies is also necessary in compliance with the money laundering regulations as lawyers are required to ensure that the money you are utilising to acquire a property (be it the exchange deposit or the full purchase monies if you are a cash purchaser) has come from legitimate source (such as an inheritance) rather than the proceeds of criminal activity.
We're in Netherne, First timers purchasing with a mortgage (lender is Kent Reliance , and our solicitor is on the Kent Reliance conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Kent Reliance conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer 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.
I require fast conveyancing in Netherne as I am faced with a deadline to exchange contracts within 2 weeks. Fortunately I do not require a mortgage. Can I escape the need for conveyancing searches to save money and time?
As you are not obtaining a mortgage you have the choice not to do searches although no lawyer would recommend that you don't. Drawing on our experience of conveyancing in Netherne the following are examples of what can show up and therefore impact market value: Enforcement Notices, Outstanding Charges, Overdue Grants, Railway Schemes,...
I am thinking of appointing a conveyancing practitioner in Netherne for my house move. Is there any facility to see a firm’s complaints history with the profession’s regulator?
You can find published Solicitor Regulator Association (SRA) decisions arising from investigations commenced on or after Jan 2008. Visit Check a solicitor's record. For records Pre 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The regulator may recorded call for training reasons.
My mortgage broker has recommended their conveyancing practitioner for my conveyancing in Netherne - won’t it be better to just instruct them?
This is not necessarily the case and you are free to opt for whichever property lawyer you decide for your Netherne conveyancing. The solicitor recommended by an estate agent may not necessarily be the right solicitor, they may put forward their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain updates.