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

Temple conveyancing solicitors and indeed property lawyers accross the UK have a duty under money laundering regulations to verify the identity of any client in order to satisfy themselves that clients are who they say they are.

Conveyancing clients are required to produce two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement less than 3 months old).

Evidence of the origin of monies is also required in compliance with the money laundering laws as conveyancers are obliged to investigate that the money you are utilising to buy a property (be it the exchange deposit or the full purchase amount if you are buying without a mortgage) has originated from an acceptable source (such as employment savings) as opposed to the proceeds of criminal behaviour.

My grandmother passed away last year and as sole heir and executor I was left the house in Temple. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this possible?

Given you plan to refinance then Nottingham will require that you use a conveyancer on the Nottingham conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Nottingham conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Nottingham mortgage is registered as a charge at the Land Registry.

How can we tell if a Temple conveyancing solicitor on the Kent Reliance panel is any good?

When it comes to conveyancing in Temple getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor conducting your conveyancing.

I currently have a mortgage with Coventry BS for my property in Temple. Conveyancing was finalised a year ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Coventry BS?

Your original mortgage agreement with Coventry BS will provide that you need their approval before renting your property as this is likely to be a breach of Coventry BS’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Coventry BS directly. You need not do this via a Coventry BS conveyancing panel lawyer.

My offer on a detached house in Temple has been agreed to, but there is a chain. The owners have offered on a property, however it’s not yet agreed to, and have viewings of other apartments booked. I have selected a nearby conveyancing solicitor in Temple. What should be my next step? When should I get the mortgage application with TSB started?

It is understandable to have apprehensions where there is a chain as you are unlikely to want to incur expenses too early (home loan application is in the region of £1k, then survey, Temple conveyancing search charges, etc). The first thing to do is ensure that your property lawyer is on the TSB conveyancing panel. As to the subsequent phase this very much depends on the specifics of your case, attraction to this property and on the state of the market. During a hot market some home buyers would apply for the mortgage with TSB and pay for the valuation and only if it comes back ok would they ask their conveyancing practitioner to proceed with the conveyancing in Temple.

I am using a search engine for the phrase conveyancing in Temple it brings up many conveyancersin the area. With so much choice what is the best way to find the right property lawyer for the sale of my house?

The preferential way of choosing the right conveyancer is via trusted recommendation, so ask colleagues and those you trust who have purchased a property in Temple or a respected estate agent or financial adviser. Costs for conveyancing in Temple vary, so it's a good idea to obtain at least four costs illustrations from varying types of property lawyers. Be sure to obtain confirmation that the fees are fixed.

Are you able to set out the extent of conveyancing done by Temple conveyancing solicitors?

For the most part Temple conveyancing firms can carry out a number of assistance to residential and agricultural land owners, vendors, purchasers, landlords and tenants such as:

Private sale conveyancing in Temple and throughout the rest of the country House purchase conveyancing in Temple and also around the country Declarations of Trust for family and other joint ownership Property investment and buying to Let Create or vary arrangements with neighbouring properties Islamically-compliant mortgages in Temple and countrywide