What does my ID and proof of funds have anything to do with my conveyancing in Dartmouth Park? 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 Dartmouth Park. However these days you can not proceed with any conveyancing deal in the absence supplying proof of your identity. Ordinarily this 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 identification it needs to be both the paper section and photo card part, one is not acceptable in the absence of the other.
Evidence of the origin of money is mandated in accordance with the Money Laundering Regulations. You should not be offended when you are asked to produce this as your conveyancer must have this information on record. Your Dartmouth Park conveyancing practitioner will require evidence of proof of funds prior to accepting any funds from you into their client account and they should also ask further queries regarding the source of monies.
My lawyer in Dartmouth Park has never been on on the Halifax Conveyancing Panel. Is it possible for me to use my prefered solicitor even though they are not on the Halifax list of approved lawyers?
The limited options open to you here include:
- Carry on with your existing Dartmouth Park lawyers but Halifax will need to retain a conveyancer on their panel. This will result in additional overall conveyancing fees and result in delays.
- Find a new practitioner to act in the purchase, remembering to check they are on the Halifax panel
I have been told that property searches are the main reason for hinderance in Dartmouth Park conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Searches are not likely to be the root cause of slowing down conveyancing in Dartmouth Park.
I am purchasing a new build house in Dartmouth Park benefiting from help to buy. The builders refused to budge the price so I negotiated 6k of fixtures and fittings instead. The sale representative suggested that I not reveal to my lawyer about the extras as it will jeopardize my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How simple is it to transfer to a new solicitor as I have to select one who is on the Birmingham Midshires conveyancing list. I hired a high street conveyancing solicitor in Dartmouth Park five minutes from me but he is not approved by Birmingham Midshires
It would be our pleasure to help you find a conveyancing solicitor in Dartmouth Park on the Birmingham Midshires panel. Please note that the conveyancers that we on the directory do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Dartmouth Park. Using search facility on this site, you can contrast charges for conveyancing solicitors in Dartmouth Park and throughout England and Wales.
What type of property do your Dartmouth Park conveyancing quotes relate to?
Our conveyancing quotes are only relevant to standard residential premises in England & Wales. Should you have any different requirements such as industrial or agricultural land or commercial conveyancing in Dartmouth Park do telephone us to discuss your requirements .