Please help. My Ravenglass conveyancer is informing me me that he is legally obliged toapply for Ravenglass conveyancing searches asthe firm are on the Virgin Moneysolicitor panel. Is my lawyer correct?
You have limited options available to you. Given that you are taking out a loan with a lender your conveyancing practitioner has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the CML Handbook specifications . Even if you were a cash buyer you would be ill advised not to carry out Ravenglass conveyancing searches.
In what way does my ID and proof of funds have anything to do with my conveyancing in Ravenglass? Why is this being asked of me?
Ravenglass conveyancing solicitors as well as nationwide property lawyers accross the UK have an obligation under money laundering regulations to check the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement no older than three months).
Proof of source of monies is also necessary in compliance with the money laundering statutes as conveyancers are obliged to ensure that the money you are using to buy a property (be it the exchange deposit or the total purchase price where you are a cash purchaser) has come from an acceptable source (such as employment savings) and is not the fruits of criminal behaviour.
I am buying a garden flat in Ravenglass. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Ravenglass you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Ravenglass.
I opted to have a survey completed on a house in Ravenglass before retaining solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies tend not give a loan on a flying freehold home.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Ravenglass. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Ravenglass to see if the conveyancing will be more expensive.
Looking for a conveyancing solicitor in Ravenglass. I did have one sorted but he's not on the panel for HSBC. It would appear that these days most lenders only allow conveyancers on their panel. Extremely annoying restricting the choice for the paying public. Please can you recommend a good Ravenglass solicitor that can assist us as well as represent HSBC?
The purpose of this site is restricted to being a directory service for conveyancing practitioners who wish to be listed as being on the approved conveyancing panel for HSBC in certain locations such as Ravenglass . Our intention is not to recommend any specific solicitor.