Me and my partner are soon to complete on the purchase of a property in Whissendine but as a consequence of wreckage from some water damage at the property I have was able negotiate reparation from the vendor in the sum of £2k in the form of a reduction in the price. I had intended this to be dealt with as part of amending the contract however RBS are not allowing this. Why were they involved?
Any solicitor that is on a RBS conveyancing panel is required to inform RBS of any variations to the sale price. If you were to refuse your solicitor to disclose the price change to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new property lawyer for your conveyancing in Whissendine.
In what way does my ID and proof of funds have anything to do with my conveyancing in Whissendine? What am I being asked for?
In order to comply with Money Laundering Regulations any Whissendine conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility bill evidencing your correct address.
In accordance with Money Laundering Regulations, conveyancing solicitors are required to check not simply the ID of conveyancing clients but also the source of the money that they receive in respect of any matter. Refusal to disclose this will lead to your conveyancer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers are duty bound to inform the relevant authorities should they believe that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
I have 7378 less than 75 years remaining on my lease and require a lease extension for my apartment in Whissendine. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 10/12/2025 the requirements read as follows :
I am buying a new build house in Whissendine with a mortgage from The Royal Bank of Scotland. The builders refused to move on the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not to tell my lawyer about the deal as it will jeopardize 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.
In what way does the Landlord & Tenant Act 1954 impact my commercial property in Whissendine and how can your lawyers assist?
The particular law that you refer to provides protection to commercial lessees, granting the right to apply to court for a renewal tenancy and continue in occupation when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Whissendine is one of the many locations in which the firms we work with are based
What is the reason for my conveyancing practitioner requiring numerous items of identification before I can proceed with selling or buying a property in Whissendine?
Whissendine conveyancing practitioners are obliged by the Law Society, Solicitors Regulation Authority, the Land Registry and current AML Regulations to record that the have verified the identity of their clients. It is also sometimes a condition of your lender where you are obtaining a mortgage. Furthermore they have to complete various forms, particularly those relating to Land Tax and need to have details such as your full names, NI number and date of birth.