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

Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to check the identification documents of the person or body they are dealing with before they can accept their conveyancing business. The Terms of Engagement that you need to sign should stipulate this. Your lender will also require certain documents to be viewed. Should you refuse to supply ID verification documents, your solicitor would not be able to act for you.

How do I investigate if the solicitor carrying out my conveyancing in Alnwick is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Skipton Building Society thus paying £187.00 plus VAT in additional conveyancing bill.

You should take advantage of the search tool on this site. Please choose the lender and type ‘Alnwick’ or your location and you will discover a number of lawyer offices in Alnwick or near you.

How does conveyancing in Alnwick differ for new build properties?

Most buyers of new build residence in Alnwick come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is ready to move into. This is because builders in Alnwick typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Alnwick or who has acted in the same development.

I need to instruct a conveyancing solicitor for my conveyancing in Alnwick. I happened to discover a site which appears to be the perfect solution If there is a chance to get all formalities done via web that would be preferable. Should I be wary? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I have just started marketing my basement apartment in Alnwick. Conveyancing solicitors are to be appointed soon, but I have just had a yearly maintenance charge demand – Do I pay up?

It best that you clear the invoice as you normally would given that all rents and service payments will be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

Alnwick Leasehold Conveyancing - Examples of Queries before buying

Are there any major works anticipated that will likely increase the service costs? How long is the Lease? Make sure you investigate if the the lease includes any onerous restrictions in the lease. For example it is fairly common in Alnwick leases that pets are not allowed in certain buildings in Alnwick. If you love the propertyin Alnwick however your cat can’t make the move with you then you will be presented with a hard compromise.