I am acquiring a house without a mortgage in Chase Cross. I have resided for the previous 20 years in Chase Cross. Conveyancing searches are exorbitant. As I know the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?

If you not getting a mortgage, then almost all of the Chase Cross conveyancing searches are non-obligatory. Your lawyer will try and steer you, perhaps strongly, that you should have searches done, but she is duty bound to do this. One thing to bear in mind; if you are likely to dispose of the house one day, it may be of interest to your future purchaser what the searches contain. On occasion premises with apparent issues can still reveal unexpected search results. A competent conveyancing solicitor in Chase Cross will provide you some helpful advice in this regard.

What does my ID and proof of funds have anything to do with my conveyancing in Chase Cross? Is this really warranted?

Chase Cross conveyancing solicitors and indeed property practitioners throughout the UK have an obligation 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 provide two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and proof of address (typically a Bank Statement less than 3 months old).

Evidence of source of funds is also necessary under the money laundering statutes as solicitors are duty bound to check that the money you are utilising to acquire a property (whether it be the deposit for exchange or the total purchase monies if you are a cash purchaser) has come from an acceptable source (such as employment savings) as opposed to the fruits of illegitimate activity.

Over the last few months I have been searching for a ground for flat up to £245,000 and identified one close by in Chase Cross I like with a park and station nearby, however it's only got 52 years on the lease. I can't really find anything else in Chase Cross suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you need a home loan that many years will likely be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.

How simple is it to use your search facility to choose a conveyancing solicitor in Chase Cross on the panel for my bank?

First choose a mortgage company such as National Westminster Bank, Chelsea Building Society or Platform Home Loans Ltd then choose your location a common one being Chase Cross. Conveyancing firms in Chase Cross and beyond will then be listed.

My husband and I are a fortnight into a leasehold purchase having been referred to conveyancers by the estate agent to carry out the conveyancing in Chase Cross. I am am very dissatisfied with the quality of service. Could you help me find new solicitors?

They would need to be very bad to suggest diss instructing them. Has the mortgage offer been sent? In the event that it has you need to make them aware of the new contact details and ensure the mortgage documents are re-issued. Your conveyancer needs to be on the lenders panel to avoid added fees and delays. That should be your starting point. The search tool will help you find a bank approved conveyancer for your conveyancing in Chase Cross