What does my ID and proof of funds have anything to do with my conveyancing in Byfleet? Is this really warranted?
In order to comply with Money Laundering Regulations any Byfleet conveyancing firm will require proof of identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing where you reside.
In accordance with Money Laundering Regulations, conveyancing solicitors are duty bound to validate not only the identity of conveyancing clients but also the source of the money that they receive in respect of any matter. An unwillingness to disclose this may lead to your conveyancer terminating their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to inform the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
My uncle advised me that in purchasing a property in Byfleet there could be a number of restrictions prohibiting external changes to the property. Is this right?
There are anumerous of properties in Byfleet which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Byfleet should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I can not fathom if my bank requires a lease extension. I have telephoned my Byfleet bank branch on various occasions and was informed it wasn't an issue and they would lend. My Byfleet conveyancing solicitor - who is on the lender conveyancing panel- called to say that they will not lend based on their published requirements. I have no idea who is right.
Provided that the conveyancer is on the lender panel, she or he must adhere to the Council of Mortgage Lenders’ Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
After much negotiation I have agreed a price on a house in Byfleet. My mortgage broker pressured me to appoint their property lawyer. I paid an advanced payment of £200. A couple of days later, the conveyancer called me sheepishly admitting that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I need some quick conveyancing in Byfleet as I have an ultimatum to exchange contracts within one month. A home loan is not required. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you have the choice not to do searches although no lawyer would suggest that you don't. Drawing on years of experience of conveyancing in Byfleet the following are examples of issues that can arise and adversely affect future saleability: Enforcement Notices, Overdue Fees, Overdue Grants, Railway Schemes,...
I am a sole trader looking to take over a lease of a shop on a shopping parade. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in Byfleet for less than 1500k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Byfleet, including the disposal and purchase of businesses as well as simply premises. If you are hoping to buy or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. Regarding the charges this will depend on the structure and complexity of the deal. Let us have your contact information or call so as to enable us to supply you with a fixed commercial conveyancing calculation.
Can a conveyancer remove a person from the title of my property in Byfleet ?
Removing or adding someone to the title of your house is relatively straightforward. You’ll need to appoint a solicitor to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancing practitioner