In what way does my ID and proof of funds have anything to do with my conveyancing in Sheen Park? Why is this being asked of me?
You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Sheen Park. Nowadays you can not complete any conveyancing process in the absence handing over proof of your identity. This usually takes the form of a either your passport or driving licence as well as a bank statement. Remember if you are providing your driving licence as proof of identification it needs to be both the paper part and photo card part, one is not satisfactory without the other.
Proof of the origin of money is mandated under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your lawyer must retain this information on file. Your Sheen Park conveyancing lawyer will need to see evidence of proof of funds prior to accepting any money from you into their client account and they will also ask additional queries concerning the origin of funds.
This question may be naive but I am wet behind the ears as FTB of a two bedroom flat in Sheen Park. Do I pick up the keys to the property on the completion date from my solicitor? If so, I will appoint a local conveyancing solicitor in Sheen Park?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the seller's lawyers, and shortly after the monies have arrived, you will be invited to receive the keys from the property Agents and start moving into the property. This tends to happen between 1 and 3pm.
We have agreed to purchase a house in Sheen Park. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Principality be concerned?
As your lender is Principality your lawyer must check the formal requirements set out in Section 2 of UK Finance Lenders’ Handbook for Principality. The Council of Mortgage Lenders’ Handbook includes minimum requirements for solar panel roof-space leases, and conveyancers are required to report to Principality where a lease does not comply with these conditions. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Sheen Park.
I have finally had an offer on an apartment in Sheen Park agreed to, the owners do however have a connected purchase. The vendors have offered on somewhere, however it’s not yet tied up, and are looking at other flats booked. I have chosen a nearby conveyancing solicitor in Sheen Park. What do I do now? When should I get the mortgage application with Bank of Ireland started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of one thousand pounds, then survey, Sheen Park conveyancing search costs, etc). The first thing to do is ensure that your lawyer is on the Bank of Ireland conveyancing panel. As to the subsequent steps this very much depends on the uniqueness of your case, desire for the property and on the state of the market. During a buoyant market many buyers will apply for the mortgage with Bank of Ireland and pay for the valuation and only if it was satisfactory would they ask their conveyancing practitioner to move forward with searches.
Will commercial conveyancing searches reveal planned roadworks that could affect a commercial land in Sheen Park?
Its becoming the norm that commercial conveyancing solicitors in Sheen Park will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Sheen Park. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Sheen Park.
For each commercial conveyancing transaction in Sheen Park it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Sheen Park commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Sheen Park.
In my capacity as executor for the estate of my aunt I am selling a property in Swansea but reside in Sheen Park. My solicitor (based 200 miles awayrequires that I execute a stat dec before the transaction finalising. Could you suggest a conveyancing solicitor in Sheen Park who can attest this legal document for me?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are based in Sheen Park
My wife and I have recently appointed a conveyancing solicitor in Sheen Park. I need to find out if they are listed on the bank's conveyancing panel. Could you advise?
One option is to contact the conveyancer and ask them if they are on the lender's panel. Alternatively please get in touch with us and we can make some checks for you. If they are not on the conveyancing panel we can certainly arrange a reputable conveyancing solicitor in Sheen Park on the approved list for your lender.