I can't travel far from Billingshurst. I would like to know the reason why all Billingshurst lawyers are not on all bank panels?

Pre- 2008 most mortgage companies had an attitude to risk which is different from today. The FSA in 2010 carried out a thematic review into property fraud which in summary warned lenders: know the solicitors on your panel. As a result, lenders have subsequently looked to extract more data from law firms about their processes and the individuals employed by them and set certain criteria such as completing a minimum number of transactions. Thousands of firms have been removed from lender panels even though they had 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms found it impossible satisfy the criteria of amount of transactions the mortgage companies set.

I am purchasing a property without a mortgage in Billingshurst. I have been living for the last dozen years in Billingshurst. Conveyancing searches are expensive. As I have knowledge of the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?

If you not getting a mortgage, then the vast majority of the Billingshurst conveyancing searches are at your discretion. Your lawyer will ’encourage you, perhaps strongly, that you should have searches completed, but he is duty bound to do this. Do consider; if you are likely to dispose of the house one day, it may be of importance to your future purchaser what the searches contain. On occasion premises with apparent issues can still reveal adverse search results. A good conveyancing solicitor in Billingshurst should be able to give you some practical advice in this regard.

In what way does my ID and proof of funds have anything to do with my conveyancing in Billingshurst? Why is this being asked of me?

You are right in these requests have nothing to do with conveyancing in Billingshurst. However these days you will not be able to proceed with any conveyancing process in the absence supplying proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a council tax bill. Remember if you are supplying your driving licence as proof of identification it must be both the paper element and photo card part, one is not satisfactory without the other.

Proof of the origin of money is required under Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer must have this information on file. Your Billingshurst conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they will also ask additional queries regarding the origin of funds.

Just had an offer accepted on a new build flat in Billingshurst. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Billingshurst

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

Is it true that a Billingshurst conveyancing practice has court proceedings brought against them by a client for failing to conduct the appropriate conveyancing searches?

Our attention has not be brought to such a Billingshurst conveyancing matter but it has been reported that, clients buying a house in Cumbria successfully won a claim against their conveyancer due to development plans to build a wind farm failing to be picked up in conveyancing searches.

Where you are contemplating buying a home in Billingshurst It is critical that your conveyancing practitioner carry out all Billingshurst conveyancing searches needed to ensure you have relevant and up to date information ahead of acquiring a property.