I can't travel far from Tintagel. Is there a reason why all Tintagel conveyancing practitioners are not on all lender panels?
A decade ago most banks exhibited an attitude to risk which is different than today. The FSA in 2010 instigated a thematic review into property fraud which in summary warned lenders: know the conveyancing practitioners on your panel. Consequently, lenders have since looked to extract more information from law firms concerning their operations and the individuals who work for them and set certain criteria such as completing a minimum volume of transactions. Many law practices have been excluded from lender panels even though they had 100% healthy disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Many firms were never going to meet the criteria of volume of transactions the mortgage companies insisted on.
We are about to exchange contracts for a ground floor flat in Tintagel. We encountered a problem. The mortgage offer with Bank of Scotland runs out on 18/2/2026 but the vendors are suggesting a completion date of 20/2/2026. Is it possible to prolong the loan offer?
The person best placed to deal with your issue is your conveyancer who should calculate if he or she is should be discussing with the bank, seller’s representatives, estate agents or indeed all three based on the circumstances your house move as of today.
In what way does my ID and proof of funds have anything to do with my conveyancing in Tintagel? Is this really warranted?
In order to comply with Money Laundering Regulations any Tintagel conveyancing firm will require proof of identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility bill evidencing where you reside.
In accordance with Money Laundering Regulations, conveyancers are duty bound to investigate not simply the identity of conveyancing clients but also the source of monies that they receive in respect of any matter. Refusal to disclose this may result in your solicitor cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers will have an obligation to notify the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
Just had an offer accepted on a new build apartment in Tintagel. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Tintagel
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are surveyor prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
My fiance and I are searching for a trustworthy conveyancing lawyer in Tintagel to assist me in selling my flat. I want to avoid being ripped off but with plenty Tintagel conveyancing solicitors to choose from...who's the best?
To fee estimates for your move via conveyancing firms that undertakes services in Tintagel please use our quote tool.