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

Bedworth conveyancing solicitors and indeed property practitioners accross the UK have a duty under money laundering regulations to check the ID of any client in order to satisfy themselves that clients are who they say they are.

Conveyancing clients are required to supply two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and proof of address (typically a Utility Bill less than 3 months old).

Evidence of source of funds is also required under the money laundering regulations as lawyers are required to check that the funds you are utilising to buy a property (be it the exchange deposit or the total purchase amount if you are buying without a mortgage) has come from legitimate source (such as employment savings) as opposed to the product of criminal behaviour.

There is lots of information on this site concerning conveyancing in Bedworth but can you isolate your top tip for finding the right conveyancer in Bedworth

We would encourage you not to go for the cheapest Bedworth conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.

My wife and I buying a end of terrace house in Bedworth. Our aim is to carry out a loft conversion at the house.Will legal conveyancing on the property involve checks to ascertain if these alterations are permitted?

Your solicitor will check the deeds as conveyancing in Bedworth can sometimes identify restrictions in the title documents which restrict certain changes or need the permission of a 3rd party. Many works call for local authority planning permissions and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be sensible to check these issues with a surveyor ahead of any purchase.

is it true that all Bedworth solicitors on the Coventry BS conveyancing panel are regulated by the SRA?

As solicitors, in order to be on the Coventry BS conveyancing panel they would need to be overseen by the SRA. The majority of lenders do allow licenced conveyancers on their panel and in such a situation the firms would be regulated by the CLC.

I used Wolstenholmes a few years past for my conveyancing in Bedworth. Now, I need my files but cannot find the solicitor. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bedworth of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Over the last few months I have been searching for a ground for flat up to £235,500 and found one near me in Bedworth I like with a park and transport links in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Bedworth suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you require a mortgage the shortness of the lease will be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

I am using a search engine for the phrase on line conveyancing in Bedworth it brings up numerous property lawyerslocally. 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 finding the right conveyancer is via trusted recommendation, so enquire of colleagues and family who have bought a property in Bedworth or a reputable estate agent or financial adviser. Charges for conveyancing in Bedworth vary, so it's advisable to secure a minimum of four fee calculations from varying types of solicitors. Be sure to seek confirmation what costs in the quote includes.