What does my ID and proof of funds have anything to do with my conveyancing in Warwick? What am I being asked for?

It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Warwick. However these days you will not be able to complete any conveyancing process without first providing proof of your identity. This usually takes the form of a either your passport or driving licence plus a utility bill. Please note that if you are providing your driving licence as evidence of identification it needs to be both the paper section and photo card part, one is not sufficient without the other.

Proof of your source of monies is mandated under Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer will need to have this information on record. Your Warwick conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they will also ask further questions concerning the origin of funds.

We are purchasing a house in Warwick. It might be a silly question but how we can trust a solicitor? At some point we have to send money into their account. What protection do we have from them run away with our deposit?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

This question may be naive but I am unexperienced as FTB of a ground floor flat in Warwick. Do I receive the keys to the premises on the completion date from my solicitor? If so, I will instruct a High Street conveyancing solicitor in Warwick?

On the day of completion you do not need to go to the conveyancers office in Warwick. Conveyancing lawyers for you will electronically transfer the completion advance to the seller's lawyers, and once they have received this, you should be invited to receive the keys from the Estate Agents and start moving into the property. Usually this occurs between 1 and 3pm.

Completion of my purchase has taken place for my property in Warwick. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?

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 Department at head office. We understand that complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.

Are there restrictive covenants that are commonly picked up during conveyancing in Warwick?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Warwick. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

The estate agent has sent us the confirmation of our purchase of a new build flat in Warwick. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Warwick

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

I decided to have a survey carried out on a property in Warwick ahead of retaining conveyancers. I have been told that there is a flying freehold element to the property. My surveyor has said that some banks will not give a mortgage on this type of property.

It varies from the lender to lender. Santander has different requirements for example to Halifax. If you contact us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Warwick. Conveyancing may be slightly more expensive based on your lender's requirements.