In what way does my ID and proof of funds have anything to do with my conveyancing in North Shields and Tynemouth? 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 North Shields and Tynemouth. However these days you can not complete any conveyancing process if you have not supplying proof of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Remember if you are supplying your driving licence as evidence of ID it needs to be both the paper section as well as the photo card part, one is not sufficient in the absence of the other.
Proof of your source of money is necessary in accordance with the Money Laundering Regulations. Don’t be offended when you are asked to produce this as your lawyer will need to retain this information on file. Your North Shields and Tynemouth conveyancing solicitor will require evidence of proof of funds before they are able to accept any funds from you into their client account and they should also ask additional questions regarding the source of monies.
The formalities of my purchase has taken place for my property in North Shields and Tynemouth. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I recently had an offer accepted on an apartment in North Shields and Tynemouth. My financial adviser suggested a conveyancer. I paid an on account payment of £200. Shortly after, the conveyancer called me to say that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Our sealed bid on a property in North Shields and Tynemouth has been accepted, but there is a chain. The vendors have placed an offer on somewhere, but it’s not been accepted yet, and have viewings of other properties booked. I have selected a high street conveyancing solicitor in North Shields and Tynemouth. What should be my next step? When should I get the mortgage application with Coventry BS started?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of £1k, then valuation, North Shields and Tynemouth conveyancing search costs, etc). The first thing to do is check that your solicitor is on the Coventry BS approved list. Concerning the subsequent phase this very much dictated by the specifics of your transaction, desire for the property and on the state of the market. In a buoyant market the majority of home buyers will apply for the mortgage with Coventry BS and pay for the valuation and only if it was satisfactory would they ask their conveyancing practitioner to press on with searches.
I got the keys to my apartment on 7 March and my personal details is yet to be registered. Need I be worried? My conveyancing solicitor in North Shields and Tynemouth advises it will be concluded in less than a month. Are properties in North Shields and Tynemouth uniquely lengthy to register?
As far as conveyancing in North Shields and Tynemouth is concerned, registration is no faster or slower than anywhere else in the country. Rather than based on location, timeframes can adjust depending on who lodges the application, whether it is in order and whether the Land registry must send notices to any other persons or bodies. Currently approximately three quarters of such applications are completed in less than three weeks but occasionally there can be protracted delays. Registration is effected after the purchaser has moved in to the premises thus registration formalities is not usually top priority yet where there is a degree of urgency associated with the registration then you or your conveyancer must communicate with the Registry to express the reasoning for an expedited registration.
My husband and I are a fortnight into a freehold purchase having been recommend to a firm by the estate agent to carry out the conveyancing in North Shields and Tynemouth. I am not happy. Could you you assist me in finding new solicitors?
They would have to be very bad to suggest diss instructing them. Has the mortgage offer been issued? In the event that it has you will need to make them aware of the replacement conveyancer and get the offer are re-sent. Your conveyancer should be on the mortgage company panel to avoid supplemental fees and delays. So that should be your first question of the new lawyers. Our find a solicitor tool will assist you in finding a lender approved solicitor for your conveyancing in North Shields and Tynemouth
How do I find a North Shields and Tynemouth conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 20miles to meet the solicitor.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location, in this case North Shields and Tynemouth and you will see a number of lawyer located nearest North Shields and Tynemouth. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.