What does my ID and proof of funds have anything to do with my conveyancing in Scarborough? Is this really necessary?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with before they can accept their conveyancing instruction. The Terms and Conditions that you are required to sign should stipulate this. Your lender will also require certain documents to be viewed. Where you refuse to provide identification documents, your conveyancer would not be able to act for you.
I have recentlydiscovered that Wolstenholmes have closed. They carried out my conveyancing in Scarborough for a purchase of a freehold house 18 months ago. How can I establish that my home is in my name in the name of the previous owner?
The easiest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Scarborough conveyancing specialists.
How does conveyancing in Scarborough differ for newly converted properties?
Most buyers of new build residence in Scarborough contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is completed. This is because house builders in Scarborough usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Scarborough or who has acted in the same development.
I need to retain a conveyancing solicitor for residential conveyancing in Scarborough. I've chance upon a web site which looks to be the perfect answer If there is a chance to get all the legals done via email that would be ideal. Do I need to be wary? 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?
Me and my husband are selling a Scarborough house left to us seven years ago in 2012. I have over a decades worth of conveyancing experience and, although retired, intend to conduct the conveyancing. The buyer's solicitor has informed me that their mortgage company will not allow us to do our own conveyancing mandating that the funds to be released via a solicitor's bank account.
Mortgage requirements to conveyancing practitioners from all mainstream lenders specify that If the vendor does not have legal representation the purchaser’s lawyers should check whether the bank needs to be told so that a decision can be reached if they are willing to progress.