In what way does my ID and proof of funds have anything to do with my conveyancing in Balsall Common? Is this really necessary?

It is indeed that case that these requests have nothing to do with conveyancing in Balsall Common. Nowadays you will not be able to proceed with any conveyancing deal without first handing over evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a utility bill. Please note that if you are providing your driving licence as proof of ID it must be both the paper part as well as the photo card part, one is not sufficient without the other.

Evidence of the source of funds is required in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancing solicitor will need to retain this information on file. Your Balsall Common 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 should also ask additional queries regarding the origin of funds.

Is there a search tool that I can use to check that the solicitor carrying out my conveyancing in Balsall Common is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus spending £192.00 in another set of legal charges.

Please do take advantage of the search tool on this page. Please choose the lender and type ‘Balsall Common’ or your location and you will see a number of lawyer based in Balsall Common or by proximity to you.

I require quick conveyancing in Balsall Common as I am under pressure to sign on the dotted line within 4 weeks. Fortunately I do not need a mortgage. Is it possible to avoid the conveyancing searches to save money and time?

As you are not taking a home loan you are at liberty not to do searches although no solicitor would advise that you don't. With plenty of history conveyancing in Balsall Common the following are instances of what can crop up and adversely impact market value: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...

My wife and I purchased a semi-detached Edwardian house in Balsall Common. Conveyancing practitioner represented me and Leeds Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?

You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Balsall Common and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing lawyer who completed the work.

I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Balsall Common is where the house is located. Is there any advice you can give?

Flying freeholds in Balsall Common are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Balsall Common you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Balsall Common may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.