What does my ID and proof of funds have anything to do with my conveyancing in Datchet? What am I being asked for?
Datchet conveyancing solicitors as well as nationwide property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules 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 disclose two forms of certified identification; proof of ID (usually a Passport or Driving Licence) and proof of address (typically a Bank Statement no older than three months).
Proof of source of monies is also necessary in accordance with the money laundering laws as conveyancers are required to ensure that the monies you are using to acquire a property (be it the exchange deposit or the total purchase monies if you are a cash purchaser) has originated from a reputable source (such as an inheritance) rather than the proceeds of illegitimate behaviour.
My grandmother passed away six months ago and as sole heir and executor I was left the house in Datchet. The house had a small mortgage left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to HSBC, pay off the mortgage. Is this possible?
Given you intend to refinance then HSBC will require that you use a conveyancer on the HSBC conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your HSBC conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the HSBC mortgage is registered as a charge at the Land Registry.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Datchet?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Datchet. 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…’
Due to the encouragement of my in-laws I had a survey completed on a house in Datchet in advance of appointing solicitors. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some lenders tend not give a mortgage on such a house.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Datchet. Conveyancing will be smoother if you use a solicitor in Datchet especially if they are accustomed to such properties in Datchet.
I am 3 weeks into a freehold purchase having been referred to conveyancers by the estate agent to execute conveyancing in Datchet. We are not happy. Can you you assist me in finding new solicitors?
They would need to be very poor to suggest replacing them. Has the mortgage been issued? In the event that it has you must inform them of the replacement conveyancer and ensure the mortgage documents are re-issued. Your new solicitor ideally needs to be on the mortgage company approved list to avoid escalating expenses and frustration. That should be your first question of the new lawyers. The find a solicitor tool will help you find a bank approved conveyancer for your conveyancing in Datchet
How much experience do your Datchet conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Datchet conveyancing lawyers help thousands of people move home every year and helped lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Datchet conveyancers have worked on recent similar cases.