What does my ID and proof of funds have anything to do with my conveyancing in Feltham? Why is this being asked of me?
Feltham conveyancing solicitors and indeed property lawyers accross the UK have a duty under money laundering regulations to verify the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and proof of address (typically a Bank Statement less than 3 months old).
Proof of source of funds is also necessary in compliance with the money laundering statutes as solicitors have a duty to ensure that the monies you are using to acquire a property (whether it be the deposit for exchange or the total purchase price if you are a cash purchaser) has come from an acceptable source (such as employment savings) rather than the fruits of illegitimate behaviour.
My bank has suggested a law firm on their panel based in Feltham but I would rather use a conveyancing lawyer in Feltham round the corner to me. Can you assist?
It is by no means the case that all Feltham conveyancing firms are approved and listed on all lender’s conveyancing panel. Use our search tool to identify a Feltham conveyancing conveyancer on the on the mortgage company panel.
How does conveyancing in Feltham differ for new build properties?
Most buyers of new build or newly converted property in Feltham approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is constructed. This is because builders in Feltham tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Feltham or who has acted in the same development.
In surfing the internet for the phrase cheap conveyancing in Feltham it reveals many conveyancersin the vicinity. How do I determine which is the suitable conveyancing solicitor for purchase transaction?
The ideal method of seeking a suitable conveyancer is through a personal recommendation, so enquire of colleagues and family who have acquired a property in Feltham or the respected estate agent or mortgage broker. Fees for conveyancing in Feltham differ, so it's advisable to secure at least four estimates from different solicitors. Dont forget to clarify what costs in the quote includes.
If instructed can a conveyancer remove a name from the title of my home in Feltham ?
Removing or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a