My IFA requires my New Eltham law firm’s panel member for the Nat West conveyancing panel. Can you suggest how I obtain this. I have e-mailed my local New Eltham office but they cant find it on their system.
The sensible thing to do is ask for this information from your New Eltham solicitor . They maintain a central record lender panel numbers.
In what way does my ID and proof of funds have anything to do with my conveyancing in New Eltham? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in New Eltham. Nowadays you can not complete any conveyancing process if you have not providing proof of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a council tax bill. Please note that if you are supplying your driving licence as evidence of ID it must be both the paper element and photo card part, one is not sufficient without the other.
Proof of the source of money is required in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer will need to have this information on record. Your New Eltham conveyancing practitioner will need to see evidence of proof of funds prior to accepting any funds from you into their client account and they should also ask additional questions concerning the origin of monies.
A friend informed me that in purchasing a property in New Eltham there could be a number of restrictions prohibiting external alterations to a property. Is this right?
There are a number of properties in New Eltham which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in New Eltham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am purchasing a property in New Eltham. An unusual aspect is that the roof has a solar panel. Virgin Money have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Virgin Money your lawyer must comply with the formal requirements set out in Section 2 of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Virgin Money where a lease does not meet these requirements. The requirements relate to the installation of panels on properties countrywide and is not isolated to New Eltham.
I am expecting a OIP from Bank of Ireland this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any New Eltham solicitors on the Bank of Ireland conveyancing panel, or is it better to find our own lawyer?
You will need to appoint New Eltham solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.
What makes your site different to other online quote calculators for conveyancing in New Eltham?
At this site receive a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in New Eltham. Unlike many estate agents and many comparison sites we are not in the business of charging firms a commission if you select them for your home move in New Eltham
I need to retain a conveyancing solicitor for remortgage conveyancing in New Eltham. I happened to land on a web site which seems to have the perfect offering If it is possible to get all formalities done via web that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?