What does my ID and proof of funds have anything to do with my conveyancing in Stourbridge? Is this really warranted?

You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Stourbridge. Nowadays you can not proceed with any conveyancing deal without first providing proof of your identity. This usually takes the form of a either your passport or driving licence and a utility bill. Please note that if you are supplying your driving licence as proof of identification it must be both the paper element as well as the photo card part, one is not acceptable in the absence of the other.

Proof of the source of funds is mandated in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your lawyer must have this information on record. Your Stourbridge conveyancing solicitor will require evidence of proof of funds before they are able to accept any funds from you into their client account and they will also ask further questions regarding the source of monies.

I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in Stourbridge? or I am told that there is historic law that means some house owners living in a parish church boundary may be liable to pay for maintenance to the chancel within the church. Is this suitable for conveyancing in Stourbridge?

Unless a previous acquisition of the premises took place post 12 October 2013 you may assume that lawyers conducting conveyancing in Stourbridge to continue to suggest a chancel search and or insurance against a claim.

Are there restrictive covenants that are commonly identified as part of conveyancing in Stourbridge?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Stourbridge. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I'm buying my first flat in Stourbridge with a loan from Bank of Ireland. The sellers would not reduce the price so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not inform my solicitor about this deal as it could adversely affect my loan with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Having had my offer accepted I require leasehold conveyancing in Stourbridge. Before diving in I require certainty as to the unexpired term of the lease.

If the lease is recorded at the land registry - and 99.9% are in Stourbridge - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Stourbridge Leasehold Conveyancing - A selection of Questions you should ask Prior to buying

Who is in charge of the building? How long is the Lease?