We are nearing an exchange on a flat in Brighton and my mum and dad have transferred the exchange deposit to my conveyancer. I am now informed that as the deposit has been sent from someone other than me my property lawyer needs to make a notification to my bank. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I advised the lender regarding my parents' contribution when I applied for the mortgage, so is it really necessary for this now to be an issue?
Your conveyancer is duty bound to check with the bank to ensure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
In what way does my ID and proof of funds have anything to do with my conveyancing in Brighton? Why is this being asked of me?
Brighton conveyancing solicitors and indeed property lawyers throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to check the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and proof of address (typically a Bank Statement no more than three months).
Proof of source of funds is also required in accordance with the money laundering laws as lawyers are duty bound to ensure that the funds you are utilising to purchase a property (be it the exchange deposit or the full purchase amount where you are a cash purchaser) has originated from an acceptable source (such as employment savings) and is not the proceeds of criminal behaviour.
Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Brighton so that I can attend their offices if required.
These days approved lawyers for mortgage companies undertake their communications via the post, internet or over the phone. This enables them to undertake the legal work for your home move no matter where you live in the country. However you can check if you have the option of attending the offices of your conveyancing lawyer if just in case this is required.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Brighton?
Two types of professional can do conveyancing in Brighton namely CLC regulated conveyancers or solicitors. The two can handle conveyancing services that you need to complete the disposal or purchase of property. Both are required to handle Brighton conveyancing on similar quality and guidelines so you may be sure that your conveyancing will be professionally carried out and that all necessary procedures should be appropriately adhered to.
I am planning to move property in August. Does my conveyancing solicitor update the removal company on the completion day. Incidentally, can you put forward a removal company in Brighton. Conveyancing lawyer was chosen prior to coming across this website.
On the day of completion you can pick up the keys from your estate agent but this should only happen once the vendors conveyancers inform the agent that the monies to complete are in and the keys can be passed over. After that you can inform the removal company that you are ready to move in. As a matter of policy we do not recommend a particular removal company but can help you find a conveyancing in Brighton or a firm that specialises in conveyancing in Brighton.
We previously appointed conveyancing lawyers located in Brighton on the Kent Reliance solicitor approved list. They have just billed me an additional fee for handling the Kent Reliance mortgage. Is this an additional conveyancing fee specified by Kent Reliance?
Provided it is contained in their Terms of Engagement or Quote then yes your conveyancer is entitled to charge a fee for this. This charge is not set by Kent Reliance but by your Brighton property lawyer. Some firms on the Kent Reliance panel will charge an ‘acting for lender’ fee but some firms include it on their overall fee.
I decided to have a survey completed on a house in Brighton in advance of instructing solicitors. I have been told that there is a flying freehold element to the house. The surveyor advised that some banks may not issue a mortgage on this type of premises.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Brighton. Conveyancing will be smoother if you use a solicitor in Brighton especially if they are familiar with such properties in Brighton.
I need to appoint a conveyancing solicitor for my conveyancing in Brighton. I have discover a site which looks to be the ideal answer If it is possible to get all this stuff done via email that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?