In what way does my ID and proof of funds have anything to do with my conveyancing in Swanland? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Swanland. However these days you will not be able to proceed with any conveyancing deal if you have not submitting evidence of your identity. This usually takes the form of a either your passport or driving licence as well as a utility bill. Please note that if you are supplying your driving licence as evidence of ID it needs to be both the paper element as well as the photo card part, one is not satisfactory without the other.
Proof of your origin of monies is necessary in accordance with the Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancer will need to retain this information on record. Your Swanland conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they should also ask additional queries concerning the origin of monies.
Our lender has recommended a law firm on their panel based in Swanland but I would rather use a conveyancing lawyer in Swanland or nearer to where I live. Can you assist?
Far from all Swanland conveyancing practitioners are on all lender’s conveyancing panel. Do make use of the above search tool to identify a Swanland conveyancing solicitor on the on the lender panel.
Forgive me if this question is silly but I am wet behind the ears as FTB of a two bedroom flat in Swanland. Do I pick up the keys to the premises on the completion date from my lawyer? If so, I will instruct a High Street conveyancing solicitor in Swanland?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s lawyers, and once they have received this, you will be invited to receive the keys from the property Agents and start moving into the property. This tends to happen between 1 and 3pm.
My wife and I have organised the release of further funds on our mortgage from Coventry BS as we intend to carry out improvements to our property in Swanland. Do we need to appoint a nearby Swanland solicitor on the Coventry BS conveyancing panel to handle the legals?
Coventry BS do not ordinarily instruct a member of their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Coventry BS list.
My fiancee and I are in the throws of looking at houses in Swanland and I am now considering a potential offer. Is it advisable to have my solicitor on ‘stand by’? I intend to finance via a home loan with Yorkshire BS.
You should start requesting conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. As you are seeking a mortgage with Yorkshire BS, make sure you remember to check that your lawyer is on the Yorkshire BS conveyancing panel.
My wife and I own a terraced Georgian property in Swanland. Conveyancing solicitor represented me and Aldermore. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Swanland and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing solicitor who conducted the conveyancing.
Due to the advice of my in-laws I had a survey completed on a property in Swanland in advance of retaining lawyers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some lenders tend refuse to give a mortgage on this type of house.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. If you contact us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Swanland. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Swanland to see if the conveyancing costs will increase in light of this.