Is the fact that my conveyancer in Cudham is not identified on my mortgage company's solicitor panel that there is a problem with the standard of the firm’s conveyancing?
That would more than likely be an incorrect assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Cudham conveyancing firm and enquire why they are no longer on the approved list for your lender.
Would the conveyancing practitioners revealed through your search tool carry out right to buy conveyancing in Cudham?
We work with plenty of conveyancing firms who can conduct right to buy conveyancing You should contact us with a view to get a costs illustration.
What does my ID and proof of funds have anything to do with my conveyancing in Cudham? Is this really warranted?
In order to comply with Money Laundering Regulations any Cudham conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually satisfied by provision of a passport and an original bank statement or utility account evidencing your correct address.
In accordance with Money Laundering Regulations, conveyancing solicitors are duty bound to validate not only the ID of conveyancing clients but also the source of the money that they receive in respect of any matter. Refusal to disclose this may lead to your conveyancer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to make a disclosure to the relevant authorities should they consider that any amounts received by them may contravene the Money Laundering Regulations.
Forgive me if this question is silly but I am new to the home moving as a first time purchaser of a garden flat in Cudham. Do I pick up the keys to the house on completion from my solicitor? If so, I will appoint a High Street conveyancing solicitor in Cudham?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the purchase money to the seller's lawyers, and once they have received this, you should be able to pick up the keys from the property Agents and start moving into the property. Usually this occurs early afternoon.
My fiancee and I are in the process of viewing apartments in Cudham and I am now considering a potential offer. Is it sensible to have my conveyancer on ‘stand by’? I will be getting a home loan with Coventry BS.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are getting a mortgage with Coventry BS, make sure you remember to check that your lawyer is on the Coventry BS conveyancing panel.
Our offer on a detached house in Cudham has been accepted, but there is a chain. The vendors have offered on somewhere, but it’s not yet tied up, and have viewings of other flats booked. I have chosen a nearby conveyancing solicitor in Cudham. What do I do now? When do I get the mortgage application with Leeds Building Society going?
It is normal to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of £1k, then survey, Cudham conveyancing search fees, etc). First, you should check that your solicitor is on the Leeds Building Society conveyancing panel. As to the next steps this very much depends on the uniqueness of your transaction, attraction to the property and on the state of the market. During a hot market some purchasers will apply for the mortgage with Leeds Building Society and arrange for the valuation and only if it was satisfactory would they ask their solicitor to proceed with searches.
I used Arc property Solicitors a few years past for my conveyancing in Cudham. I now require my file however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Cudham of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.