In what way does my ID and proof of funds have anything to do with my conveyancing in Telford? Why is this being asked of me?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Telford. However these days you will not be able to proceed with any conveyancing deal in the absence handing over evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a bank statement. Remember if you are providing your driving licence as evidence of identification it must be both the paper section and photo card part, one is not acceptable in the absence of the other.
Verification of your origin of monies is mandated under Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancing solicitor must have this information on record. Your Telford conveyancing practitioner will require evidence of proof of funds before they are able to accept any money from you into their client account and they may also ask further questions regarding the origin of monies.
My home in Telford is up for sale and I have accepted an offer. Will my lawyer have to be on the TSB conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the TSB conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently in recent years.
Have completed on a a terraced house in Telford , how long will it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Telford conveyancing solicitor works at snail pace, so I want to check that my purchase is registered.
There is nothing unique about conveyancing in Telford registration formalities. As opposed to being determined by geographic area, timescales can adjust subject to who lodges the application, whether it is in order and if the Land registry need to notify any 3rd persons or bodies. At present in the region of three quarters of such applications are fully addressed in less than three weeks but occasionally there can be longer delays. Historically registration is effected once the purchaser has moved in to the premises so post completion formalities is not usually top priority yet where there is a degree of urgency associated with the registration then you or your solicitor can contact the land registry and explain the circumstances.
I am looking to sell my home. My past conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Telford if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Telford. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
Me and my partner are purchasing a three room first floor flatin Telford with a home loan from a mortgage company. We have a solicitor in Telford but our lender inform us now that she’s not on their "panel". Apparently we need to choose one of the our bank panel firms or stay with our Telford conveyancer and incur the extra fees for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The mortgage company mortgage offered to you is subject to conditions, one of which will be that solicitors will on the bank's conveyancing panel. in the past, most mortgage companies had open panels, including almost all conveyancing solicitors in Telford : a mortgagee could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for your mortgage company.