What does my ID and proof of funds have anything to do with my conveyancing in Stowmarket? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing instruction. The Terms and Conditions that you need to sign should reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Should you refuse to hand over identification documents, your lawyer would not be able to accept instructions from you.
I used Wolstenholmes several years past for my conveyancing in Stowmarket. Now, I need my documents however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Stowmarket of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I opted to have a survey carried out on a property in Stowmarket before instructing solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some lenders will refuse to give a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Stowmarket. Conveyancing will be smoother if you use a solicitor in Stowmarket especially if they are accustomed to such properties in Stowmarket.
Should I be concerned by third parties that I am dealing with are encouraging me to use a nationwide conveyancing firm as opposed to a High Street Stowmarket conveyancing firm?
As is the case with many service providers, often input from relatives can be extremely useful or valuable. But there are numerous players in a conveyancing transaction; estate agents, mortgage brokers and mortgage companies might all put forward solicitors to choose. On occasion the lawyers might be known to one of the organisations as one of the best in their field, but occasionally there may be a commercial relationship behind the recommendation. You have the discretion to choose your own conveyancer. However, bear in mind that some banks have an approved list of solicitors you must use for the lender aspect of your house move.
In searching the world wide web for the words conveyancing in Stowmarket it shows results of many conveyancersin the area. How do I determine which is the right property lawyer for my move?
The ideal method of seeking the right conveyancer is via trusted referral, so ask friends and those you trust who have acquired a property in Stowmarket or a reputable estate agent or financial adviser. Fees for conveyancing in Stowmarket vary, so it's advisable to request a minimum of four quotes from varying types of solicitors. Be sure to seek confirmation what costs in the quote includes.