Just been in touch with my conveyancing lawyer in St Werburghs who acted for me two years ago requesting a conveyancing quote based on the same type of house move (a leasehold residence and a freehold property) of almost identical values with a mortgage from Britannia. I am now being charged twice the amount. Better the devil I know or do I seek out an alternative conveyancer?
The quote is slightly on the expensive side. If you are happy to spend time comparing prices you could trim some of the expense by as much as £125. On the other hand, providing that you were happy with the service the firm offered you mightcome to rue opting for an an unknown solicitor. Don't forget to check that the firm can represent Britannia. Do use our search tool to choose a St Werburghs conveyancing firm on the Britannia member panel, which can often include conveyancing solicitors in St Werburghs.
Due to complete my purchase in St Werburghs next Monday. My property lawyer now wants me to supply her with evidence of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the bank. What risks does the mortgage company expect the insurance to cover?
Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These requirements are not unique to conveyancing in St Werburghs.
In what way does my ID and proof of funds have anything to do with my conveyancing in St Werburghs? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in St Werburghs. However these days you will not be able to proceed with any conveyancing process if you have not submitting evidence of your identity. This usually takes the form of a either your passport or driving licence plus a bank statement. Remember if you are providing your driving licence as evidence of ID it must be both the paper part as well as the photo card part, one is not sufficient without the other.
Evidence of the source of funds is required under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer will need to retain this information on file. Your St Werburghs conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any money from you into their client account and they should also ask further queries regarding the source of funds.
My business partner and I are intending to lease a unit on the high street. Can you recommend conveyancers offering no-move-no costs for commercial conveyancing in St Werburghs for below £1,200?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in St Werburghs, including the sale and purchase of businesses as well as simply property. If you are hoping to purchase or sell a shop, pub, restaurant, office, retail unit or a whole business we can find you the right firm. As for the fees these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your details or telephone us so that we may furnish you with a detailed commercial conveyancing quote.
What tools are available to find a St Werburghs conveyancing solicitor on the mortgage company conveyancing panel? I have a car and am prepared to travel up to 20kilometers to meet the conveyancer.
Feel free to make use of the find a conveyancing panel search on this website. Please choose the lender and your location, in this case St Werburghs and you will see a number of lawyer located nearest St Werburghs. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the lender solicitor panel.