In what way does my ID and proof of funds have anything to do with my conveyancing in Scunthorpe? 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 Scunthorpe. However these days you will not be able to complete any conveyancing deal in the absence supplying evidence of your identity. This usually takes the form of a either your passport or driving licence and a council tax bill. Remember if you are supplying your driving licence as proof of identification it needs to be both the paper part and photo card part, one is not satisfactory in the absence of the other.
Proof of the source of funds is mandated in accordance with the Money Laundering Regulations. You should not be offended when you are asked to produce this as your conveyancer must have this information on record. Your Scunthorpe conveyancing solicitor will require evidence of proof of funds before they are able to accept any money from you into their client account and they will also ask further queries regarding the origin of monies.
I used Action Conveyancing several years ago for my conveyancing in Scunthorpe. I now require my file but cannot find the solicitor. What do I do?
Do call 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 Scunthorpe of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one round the corner in Scunthorpe I like with a park and railway links in the vicinity, the downside is that it only has 61 years on the lease. There is not much else in Scunthorpe in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a home loan the remaining unexpired lease term may be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
How simple is it to transfer to a new firm as I need to find a firm on the Virgin Money conveyancing panel. I was using a local conveyancing solicitor in Scunthorpe round the corner but he is not accepted by Virgin Money
It would be our pleasure to assist you find a conveyancing solicitor in Scunthorpe on the Virgin Money panel. Please note that the conveyancers that we work with do not pay us commission if you instruct them and are authorised and regulated by the SRA who regulate all conveyancing solicitors in Scunthorpe. Using the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Scunthorpe.
The mortgage broker has recommended their conveyancer for my conveyancing in Scunthorpe - won’t it be better to just use them?
You need to establish if the estate agent is recommending a conveyancer or introducing to a solicitor. There are plenty of Scunthorpe selling agents who recommend two or three Scunthorpe conveyancing firms and get nothing from it.