What does my ID and proof of funds have anything to do with my conveyancing in Pound Hill? Why is this being asked of me?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Pound Hill. Nowadays you can not complete any conveyancing process without first providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Remember if you are providing your driving licence as proof of ID it must be both the paper part and photo card part, one is not sufficient without the other.
Evidence of your source of funds is required in accordance with the Money Laundering Regulations. You should not be offended when you are asked to produce this as your conveyancing solicitor must retain this information on record. Your Pound Hill conveyancing practitioner will need to see evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask further questions regarding the source of monies.
I bought my house on 13 March and my personal details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Pound Hill expressed confidence that it will be formalised in a couple of weeks. Are transfers in Pound Hill particularly slow to register?
There is nothing unique about conveyancing in Pound Hill registration formalities. Rather than based on location, timeframes can vary depending on who lodges the application, whether it is in order and if the Land registry communicate with any other parties. As of today approximately 80% of submission are fully dealt with within 12 days but occasionally there can be longer hold-ups. Registration is effected after the new owner is living at the property therefore registration formalities is not typically primary concern yet if it is urgent that the the registration takes place urgently then you or your conveyancer must communicate with the Registry to express the reasoning for the application to be prioritised.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Pound Hill is the location of the property. Can you offer any assistance?
Flying freeholds in Pound Hill are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Pound Hill you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Pound Hill 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.
I am downsizing from my house. My former solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Pound Hill if that makes things easier.
Please use our search tool to help you find a solicitor for your conveyancing in Pound Hill. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
My folks are experiencing problems in finding their Pound Hill land registry title on the website. They recall that back in the 70’s when they bought the bungalow there were complications regarding Pound Hill not being recognised in some systems.
The vast majority of premises in Pound Hill should appear. Have you limited your search to simply the postcode. Normally it will mention all the premises within that postcode. Assuming the property is registered it will be there with a title number. Where they bought back in the 70’s it's conceivable it may be not yet registered. The property might still be revealed but with the title number identified as 'na'. In this scenario you will need to find the original title deeds which may be with your parent’s bank.