What does my ID and proof of funds have anything to do with my conveyancing in Turvey? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Turvey conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually satisfied by provision of a passport and an original bank statement or utility account showing your correct address.
Under Money Laundering Regulations, conveyancing solicitors are obliged by law to investigate not just the ID of conveyancing clients but also the source of the money that they receive in respect of any matter. Refusal to disclose this may lead to your lawyer cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers are duty bound to notify the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
Do the Building Society Association intend to launch a online directory to list solicitors on the Melton Mowbray Building Society conveyancing panel for example in Turvey?
We are not aware of any intention on the part of the BSA to promote such a tool.
My father advised me that in buying a property in Turvey there could be various restrictions preventing external changes to a property. Is this right?
There are a number of properties in Turvey which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Turvey should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We have agreed to purchase a house in Turvey. An unusual aspect is that the roof has a solar panel. Yorkshire BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Yorkshire BS your lawyer must check the formal requirements contained in Section 2 of UK Finance Lenders’ Handbook for Yorkshire BS. The Council of Mortgage Lenders’ Handbook includes minimum provisions for solar panel roof-space leases, and property lawyers are required to report to Yorkshire BS where a lease does not comply with these specifications. The specifications relate to the installation of panels on properties countrywide and is not restricted to Turvey.
I've read lots of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Turvey solicitor - who is on the Leeds Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Turvey surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
What does a local search reveal concerning the house I am buying in Turvey?
Turvey conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search organisations such as Xpress Legal The local search plays a central part in most Turvey conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search should provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.
How do I locate a Turvey solicitor on the Yorkshire Building Society conveyancing panel? I have wheels and am prepared to travel upto 10miles to meet the conveyancer.
Feel free to make use of the tool on this page. Please choose the mortgage company and your location and you will see a number of Turvey conveyancing lawyers locally. We have detailed some Turvey conveyancing firms at the bottom of this page and you can contact them to check if they are on the Yorkshire Building Society panel