What does my ID and proof of funds have anything to do with my conveyancing in Epsom and Ewell? Is this really warranted?
Epsom and Ewell conveyancing solicitors as well as nationwide property practitioners throughout the UK have a duty under money laundering regulations 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 produce two forms of certified ID; proof of identity (usually a Passport or Driving Licence) and proof of address (usually a Bank Statement less than 3 months old).
Confirmation of the origin of monies is also necessary in compliance with the money laundering regulations as solicitors are required to ensure that the money you are utilising to buy a property (whether it be the deposit for exchange or the full purchase price where you are a cash purchaser) has come from an acceptable source (such as an inheritance) rather than the product of illegitimate activity.
My property lawyer in Epsom and Ewell is not on the Yorkshire Building Society Solicitor Panel. Is it possible for me to continue with my family solicitor notwithstanding that they are not on the Yorkshire Building Society list of approved lawyers?
Your options are as follows:
- Carry on with your existing Epsom and Ewell solicitors but Yorkshire Building Society will need to retain a conveyancer on their list of acceptable firms. This will inevitably rack up the overall legal fees as well as result in frustration.
- Get a new practitioner to act in the purchase, obviously checking they are Yorkshire Building Society approved.
- Try to convince your Yorkshire Building Society solicitor to seek to join the Yorkshire Building Society panel
I am assisting my sister sell her property in Epsom and Ewell. Does the conveyancer order the EPC or it is for the seller to coordinate?
Following the abolition of HIPs, energy performance certificates remained a mandatory part of moving property. An energy assessment needs to be commissioned in advance of the property being put on the market. This is not something that conveyancers ordinarily organise. If you are using a Epsom and Ewell conveyancing lawyer they may be willing to arrange energy performance certificates given their relationships with long established local assessors
We are aiming to move house in May. Should my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you suggest a removal company in Epsom and Ewell. Conveyancing solicitor was chosen before I stumbled across your page.
On the day of completion you will need to pick up the house keys from your property agent but this should only occur after the previous owners conveyancers confirm to the agent that the monies to complete are in and the keys can be handed over. You should advise the removal company that you are ready to move in. We do not suggest a particular removal company but can assist you in finding a conveyancing in Epsom and Ewell or a firm with expertise in conveyancing in Epsom and Ewell.
We previously selected solicitors with offices in Epsom and Ewell on the Nationwide solicitor panel. They have just billed me a supplemental fee for the legal aspects of the Nationwide mortgage. Is this an additional conveyancing fee specified by Nationwide?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your conveyancing practitioner is entitled to levy a fee for this. The charge is not set by Nationwide but by your Epsom and Ewell conveyancer. Some firms on the Nationwide panel will levy ’dealing with mortgage’ fee but some firms include it on their overall fee.
I am buying a new build house in Epsom and Ewell with the aid of help to buy. The builders refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent suggested that I not inform my lawyer about this deal as it would impact my loan with the lender. Do I keep my lawyer in the dark?.
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.
What does commercial conveyancing in Epsom and Ewell cover?
Non domestic conveyancing in Epsom and Ewell covers a broad array of guidance, provided by qualified solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
Should I appoint a Epsom and Ewell conveyancing solicitor in close proximity to the house I am buying? We have a good friend who can handle the legal work however they are based 300miles away.
The benefit of a local Epsom and Ewell conveyancing firm is that you can pop in to execute documents, present your ID and apply pressure on them if necessary. They will also have local insight which is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and the majority were happy that must trump using an unfamiliar Epsom and Ewell conveyancing lawyer solely due to them being round the corner.