In what way does my ID and proof of funds have anything to do with my conveyancing in Ormskirk? Why is this being asked of me?
You are right in these requests have nothing to do with conveyancing in Ormskirk. However these days you will not be able to complete any conveyancing deal in the absence submitting proof of your identity. This usually takes the form of a either your passport or driving licence plus a bank statement. Remember if you are supplying your driving licence as proof of ID it needs to be both the paper element as well as the photo card part, one is not satisfactory in the absence of the other.
Evidence of your source of money is necessary under Money Laundering Regulations. You should not be offended when you are asked to produce this as your conveyancing solicitor must retain this information on record. Your Ormskirk conveyancing practitioner will require evidence of proof of funds prior to accepting any monies from you into their client account and they may also ask further queries regarding the origin of funds.
I have been told that property searches are the main cause of delay in Ormskirk house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of holding up conveyancing in Ormskirk.
It has been five months following my purchase conveyancing in Ormskirk took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
As co-executor for the will of my aunt I am disposing of a house in Newport but reside in Ormskirk. My lawyer (based 200 kilometers from merequires that I execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Ormskirk to attest this legal document for me?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are based in Ormskirk
To what extent are Ormskirk conveyancing solicitors under an obligation to the Law Society to publish clear conveyancing figures?
Inbuilt into the Solicitors Code of Conduct are set rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, constitute the Law Society’s perspective of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Ormskirk or across England and Wales.