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

Cubitt Town conveyancing solicitors as well as nationwide property lawyers throughout the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client with a view to satisfy themselves that clients are who they say they are.

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

Evidence of the origin of funds is also necessary under the money laundering laws as solicitors are mandated to check that the funds you are utilising to purchase a property (whether it be the deposit for exchange or the full purchase price where you are a cash purchaser) has come from legitimate source (such as an inheritance) rather than the fruits of criminal behaviour.

Do the Building Society Association intend to launch a online directory to list practices on the Melton Mowbray Building Society conveyancing panel for instance in Cubitt Town?

We would not expect to be advised of any intention on the part of the BSA to develop such a search facility.

I have todaybecome aware that Stirling Law have been shut down. They conducted my conveyancing in Cubitt Town for a purchase of a leasehold flat 12 months ago. How can I establish that the property is in my name in the name of the former proprietor?

The quickest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Cubitt Town conveyancing specialists.

How does conveyancing in Cubitt Town differ for new build properties?

Most buyers of new build residence in Cubitt Town contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is constructed. This is because builders in Cubitt Town typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Cubitt Town or who has acted in the same development.

In searching the web for the term on line conveyancing in Cubitt Town it brings up many conveyancersin the area. How do I determine which is the right conveyancer for me?

The ideal way of seeking a suitable conveyancer is through a trusted referral, so seek the opinion of friends and relatives who have bought a property in Cubitt Town or a local estate agent or mortgage broker. Charges for conveyancing in Cubitt Town vary, so it's advisable to request at least four quotes from varying types of property lawyers. Be sure to secure confirmation what costs in the quote includes.