What does my ID and proof of funds have anything to do with my conveyancing in Braunstone? What am I being asked for?

It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Braunstone. However these days you will not be able to proceed with any conveyancing process without first supplying proof of your identity. This usually takes the form of a either your passport or driving licence plus a bank statement. Remember if you are supplying your driving licence as evidence of identification it must be both the paper part and photo card part, one is not acceptable in the absence of the other.

Proof of your origin of funds is necessary in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer must retain this information on record. Your Braunstone conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any money from you into their client account and they may also ask additional questions concerning the origin of monies.

What is your number one tip for choosing a conveyancing solicitor in Braunstone

We would encourage you not to base your choice on the lowest Braunstone conveyancing costs illustration. You really do get what you pay 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 go into the conveyancing with your eyes wide open.

We previously chose conveyancers based in Braunstone on the Nationwide solicitor panel. They are now charging me an additional charge for dealing with the Nationwide mortgage. Is this an additional conveyancing fee set by Nationwide?

As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your conveyancer may charge a fee for this. The fee is not dictated by Nationwide but by your Braunstone property lawyer. Numerous firms on the Nationwide panel will charge an ‘acting for lender’ fee and others do not.

I am due to exchange contracts on my apartment. I had a double glazing fitted in November 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Aldermore are being problematic. The Braunstone solicitor who is on the Aldermore conveyancing panel is saying indemnity insurance will be fine but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?

It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Braunstone is where the house is located. Is there any guidance you can impart?

Flying freeholds in Braunstone are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Braunstone you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Braunstone may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

How straightforward is it to use your search app to choose a conveyancing practitioner in Braunstone on the approved list for my bank?

First choose a bank such as Accord Mortgages Ltd, Leeds Building Society or Clydesdale then specify your location such as Braunstone. Conveyancing organisations in Braunstone and beyond should be listed.

How do I identify cost effective conveyancing in Braunstone?

First ask your friends and family they would would seek assistance from. Option 2 is to use a search tool on the web for conveyancing in Braunstone. Call a couple or more firms from the list and request that they email you their conveyancing fees and discuss your needs with the solicitor who will handle your conveyancing before you commit. Option 3 is to make use of our search tool to help you find the right solicitors taking into account your unique requirements including location,speed, complexity and who your intended lender is.Avoid the trap of appointing lowest cost conveyancing solicitors in Braunstone