What does my ID and proof of funds have anything to do with my conveyancing in Rothley? Why is this being asked of me?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms of Engagement that you are required to sign should stipulate this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you refuse to hand over ID verification documents, your solicitor can not take you on as a client.
I am assisting my step-mother sell her flat in Rothley. Does the conveyancing solicitor commission the energy assessment or it is for the seller to see to?
After the abolition of Home Information Packs, energy performance certificates was left as a compulsory part of moving house. An energy assessment should be commissioned prior to the property being advertised. This is not something that lawyers ordinarily arrange. Where you are instructing a Rothley conveyancing practitioner they might help arrange energy assessments given their contacts with long established local accredited person
We had selected conveyancers locally in Rothley on the Santander solicitor approved list. They are now charging me a supplemental amount for dealing with the Santander mortgage. Is this a supplemental conveyancing fee specified by Santander?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your conveyancer can charge a fee for this. This charge is not set by Santander but by your Rothley lawyer. Plenty of firms on the Santander panel will charge ’dealing with mortgage’ fee and others do not.
Completion of my remortgage has taken place for my property in Rothley. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
How does conveyancing in Rothley differ for newly converted properties?
Most buyers of new build premises in Rothley approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is finished. This is because house builders in Rothley usually 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 Rothley or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Rothley is the location of the property. Can you offer any assistance?
Flying freeholds in Rothley 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 Rothley you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rothley 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.
Do I need to be suspicious by 3rd parties that I am dealing with are recommending an internet conveyancing firm as opposed to a High Street Rothley conveyancing firm?
As with lots of service providers, often suggestions from relatives can be extremely useful or valuable. Nevertheless there are numerous parties with a keen interest in a conveyancing deal; estate agents, financial adviser and lenders may recommend conveyancers to choose. Sometimes the conveyancers might be known to one of the organisations as one of the best in their field, but sometimes there behind the scenes commercial relationship behind the recommendation. You are free to choose your preferred lawyer. You need to be aware that many banks specify a panel list of conveyancers you have to use for the lender related work in your home move.