Do the conveyancing lawyers that you recommend perform conveyancing in Scotter by way of an attended exchange?
There are a few conveyancing experts who can conduct personalised exchanges. You should e-mail us to secure a conveyancing quote and details as to dates.
In what way does my ID and proof of funds have anything to do with my conveyancing in Scotter? Why is this being asked of me?
Scotter conveyancing solicitors and indeed property practitioners throughout the UK have a duty under money laundering regulations to verify the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to provide two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Utility Bill no older than three months).
Evidence of source of monies is also necessary in compliance with the money laundering regulations as conveyancers are mandated to check that the monies you are using to purchase a property (be it the exchange deposit or the full purchase price if you are a cash purchaser) has originated from an acceptable source (such as an inheritance) as opposed to the proceeds of criminal behaviour.
Forgive me if this question is silly but I am new to the home buying as FTB of a garden flat in Scotter. Do I collect the keys to the property on completion from my lawyer? If so, I will use a High Street conveyancing solicitor in Scotter?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the vendor’s conveyancers, and once they have received this, you should be able to receive the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.
is it true that all Scotter solicitors on the Barclays conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Barclays conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do permit licenced conveyancers on their panel and in such a situation the firms would be overseen by the CLC.
We expect to receive a DIP from Aldermore this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Aldermore recommend any Scotter solicitors on the Aldermore conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Scotter solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
Due to the guidance of my in-laws I had a survey completed on a property in Scotter ahead of instructing lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some lenders will refuse to issue a mortgage on a flying freehold house.
It varies from the lender to lender. Lloyds has different instructions from Halifax. If you contact us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Scotter. Conveyancing will be smoother if you use a solicitor in Scotter especially if they are acquainted with such properties in Scotter.
My friend mentioned that when selecting a conveyancing solicitors they need approved by your mortgage company. It happens to be my first house move but I have an offer in principle with Virgin Money and I already have a local conveyancing lawyer in Scotter at the ready. Can Virgin Money need an approved lawyer to be instructed? If so, where do I find that list for my conveyancing in Scotter?
You should choose a solicitor that is on the Virgin Money panel. The simplest thing to do is telephone your chosen Scotter conveyancing lawyer and ask if they are on the Virgin Money panel. If they are not approved you have a number of choices open to you here:
- Complete the purchase with your preferred Scotter conveyancer but Virgin Money will undoubtedly appoint a conveyancing practitioner from their approved list. The net result is additional charges and probable interruption.
- Get a fresh conveyancer to act in the purchase, obviously checking they are on the Virgin Money conveyancing panel.
- Convince your lawyer to seek to join the lender panel.