In what way does my ID and proof of funds have anything to do with my conveyancing in Earley? Is this really warranted?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing business. The Client Care letter that you need to sign will no doubt reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Where you are unwilling to hand over ID verification documents, your lawyer can not take you on as a client.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Earley. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 8/12/2024, the requirements read as follows :
I have recentlybecome aware that Arc property Solicitors have been shut down. They carried out my conveyancing in Earley for a purchase of a leasehold flat 10 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The easiest method to see if the property is registered to you, 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 Earley conveyancing specialists.
We are four weeks into a freehold purchase having been directed to conveyancers by the selling agent to carry out the conveyancing in Earley. I am am very frustrated with the quality of service. Can you help me find new solicitors?
They would have to be very poor to suggest replacing them. Has the mortgage been generated? In the event that it has you need to advise them of the replacement lawyer and ensure the offer are re-issued. Your new solicitor ideally should be on the lenders approved list to avoid added costs and frustration. That should be your starting point. The search tool can help you find a bank approved conveyancer for your home move in Earley
Do I cancel my mortgage payments with Santander once a completion date for my sale in Earley has been set?
No, you should maintain meeting any mortgage sums to Santander pending the mortgage being repaid on completion as part of your Earley conveyancing.