What does my ID and proof of funds have anything to do with my conveyancing in Claverley? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in Claverley. However these days you can not complete any conveyancing deal if you have not submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a bank statement. Please note that if you are providing your driving licence as evidence of ID it must be both the paper section and photo card part, one is not acceptable without the other.
Evidence of the origin of funds is mandated under Money Laundering Regulations. Don’t be offended when when this is requested of you as your lawyer will need to retain this information on record. Your Claverley conveyancing solicitor will require evidence of proof of funds prior to accepting any monies from you into their client account and they will also ask additional queries regarding the origin of monies.
My friend recommended that if I am purchasing in Claverley I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually quoted for as part of the standard Claverley conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about Claverley around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Claverley Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information concerning Claverley.
Despite weeks of looking the Title Certificate and documents to my home are lost. The solicitors who handled the conveyancing in Claverley 4 years ago have long since closed. What are my next steps?
Assuming you have a registered title the details of your ownership will be retained by HMLR under a Title Number. It is easy to carry out a search at the Land Registry, find your property and obtain current copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will also normally retain a certified copy of the Registered Lease and again, a copy can be retrieved for a small fee.
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Claverley is the location of the property. Can you offer any guidance?
Flying freeholds in Claverley are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Claverley you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Claverley may decide 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 property.
I'm refinancing my current property to a buy to let loan with Accord Mortgages Ltd and intend to use the remaining equity as a deposit on further property. The area we are talking about is Claverley. Will your solicitors be able to act for the two banks and link together the transactions?
Make use of our search tool on this site to ensure that the solicitors are approved by both lenders. On the basis that they are your lawyer should be able to tie up the two deals but you should talk with you solicitor and make clear your expectations and requirements.