I am hoping to receive a mortgage offer from Halifax. I would like to employ the services of a Licensed Conveyancer in Porthleven. Does the Halifax Solicitor panel exclude conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
We're in Porthleven, First time buyers purchasing with a mortgage (lender is Virgin Money , and our solicitor is on the Virgin Money conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Virgin Money 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.
Due to the guidance of my in-laws I had a survey completed on a house in Porthleven before instructing lawyers. I have been informed that there is a flying freehold element to the property. The surveyor has said that some banks will not grant a mortgage on this type of home.
It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to call us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Porthleven. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Porthleven to see if the conveyancing costs will increase in light of this.
My father-in-law has recommend that I instruct his conveyancers in Porthleven. Do I follow his recommendation?
There are no two ways about it the ideal way to find a conveyancing lawyer is to have guidance from friends or relatives who have previously instructed the firm you're are thinking of instructing.
I am purchasing a house mortgage free. My solicitor has been handed with 2 distinct proof of photographic ID, bank statement, endless utility bills. Now he requires a copy from a probate lawyer advising that the money is legitimate and that it has come from inheritance and not dealing E's in Ibiza.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Porthleven conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.