In what way does my ID and proof of funds have anything to do with my conveyancing in Swiss Cottage? Is this really necessary?
Swiss Cottage conveyancing solicitors as well as nationwide property lawyers throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to check the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and evidence of address (usually a Bank Statement no more than three months).
Evidence of source of monies is also required in accordance with the money laundering laws as lawyers are required to check that the monies you are using to acquire a property (be it the exchange deposit or the full purchase amount if you are a cash purchaser) has originated from an acceptable source (such as employment savings) and is not the proceeds of illegitimate behaviour.
We are buying a property in Swiss Cottage. It might be a silly question but how we can trust a lawyer? At some point we have to deposit money into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I just acquired a flat at auction in Swiss Cottage. Conveyancing is needed. What are my next steps?
Given that you are now legally committed yourself to purchase you must instruct a conveyancing solicitor quickly as you are facing a tight deadline in which to complete the transaction. An auction property should have a bespoke auction set of papers. This should include evidence of title and search results. Where you are dealing with leasehold property the legal papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You need to pass this on to your appointed conveyancing solicitor ASAP. Do make sure that you have funds organised to complete the transaction on the set completion date.
How can we know in advance if a Swiss Cottage conveyancing solicitor on the Aldermore panel is any good?
When it comes to conveyancing in Swiss Cottage seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor carrying out your transaction.
I have been told that property searches are a common reason for delay in Swiss Cottage house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Local searches are unlikely to feature in any holding up conveyancing in Swiss Cottage.
I am looking to sell my property. My past lawyers have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Swiss Cottage if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Swiss Cottage. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
Are all Swiss Cottage solicitors on every bank conveyancing panel?
You can use our search tool or you can drop into your high street lender branch in Swiss Cottage. the probability is that they will be in a position to suggest some approved conveyancing solicitors in Swiss Cottage