What does my ID and proof of funds have anything to do with my conveyancing in Fleet? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Fleet conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually dealt with by provision of a passport and an original bank statement or utility bill showing where you live.
Under Money Laundering Regulations, property lawyers are duty bound to check not simply the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this will result in your conveyancer ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers will have an obligation to inform the appropriate authorities should they believe that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Fleet. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 12/9/2024, the requirements read as follows :
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Fleet?
Two types of professional can execute conveyancing in Fleet namely licenced conveyancers or solicitors. The two can provide the legal services that required to complete the sale or purchase of property. They are both duty bound to carry out Fleet conveyancing to the same standards and guidelines so you may be sure that your conveyancing will be properly carried out and that the necessary procedures should be appropriately adhered to.
I am helping my niece sell her house in Fleet. Does the conveyancer order the energy performance certificate or it is for the owner to coordinate?
Following the abolition of Home Information Packs, energy assessments was maintained a compulsory element of moving property. An EPC should be to hand in advance of the property being marketed. It is not something that lawyers ordinarily arrange. If you are using a Fleet conveyancing practitioner they might help arrange EPC’s due to their contacts with long established local providers
Intending to buy a maisonette in Fleet. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Bank of Ireland conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Fleet solicitor is on the Bank of Ireland conveyancing panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Fleet?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Fleet. 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…’
I am selling my home. My past conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Fleet if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Fleet. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My husband and I are first time buyers - had an offer accepted, but the selling agent advised that the seller will only go ahead if we instruct their recommended lawyers as they want an ‘expedited deal’. We would rather use a family solicitor accustomed to conveyancing in Fleet
It is improbable the owners are driving this. Should the seller want ‘a quick sale', alienating a serious buyer is is going to put the whole deal at risk. Speak to the vendors direct and explain that (a)you are motivated buyers (b)you are ready to go, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)however you will continue to use your preferred Fleet conveyancing solicitors - rather thanthose that will earn the negotiator at the agency a referral fee or achieve conveyancing targets pre-set by HQ.