What does my ID and proof of funds have anything to do with my conveyancing in Hermitage? What am I being asked for?
Hermitage conveyancing solicitors and indeed property practitioners accross the UK have an obligation under money laundering regulations to check the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to disclose two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (typically a Bank Statement less than 3 months old).
Proof of source of monies is also required under the money laundering statutes as conveyancers have a duty to check that the monies you are utilising to acquire a property (whether it be the deposit for exchange or the total purchase price if you are a cash purchaser) has come from legitimate source (such as an inheritance) as opposed to the product of criminal behaviour.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Hermitage. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 14/2/2026, the requirements read as follows :
I have recentlydiscovered that Wolstenholmes have closed. They conducted my conveyancing in Hermitage for a purchase of a freehold house 9 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The quickest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hermitage conveyancing specialists.
I am purchasing a new build house in Hermitage with a mortgage from Halifax. The developers refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative told me not to tell my lawyer about the side-deal as it may adversely affect my loan with Halifax. 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.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one close by in Hermitage I like with open areas and railway links nearby, the downside is that it only has 61 years on the lease. I can't really find anything else in Hermitage suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a mortgage that many years will be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
Given that I will soon part with hundreds of thousands of pounds on a terraced house in Hermitage I would like to have a conversation with the solicitor concerning thetransaction before appointing the firm. Can this be arranged?
This is something that we encourage - we would be pleased to talk to you we do not take any clients on without you speaking to the conveyancer who will be conducting your property ownership legalities in Hermitage.There is no ‘factory style conveyancing’ - each client is unique person, not a matter reference. The practices that we put you in touch with believe that the figure you are provided with for residential conveyancing in Hermitage should be the amount on the final invoice that you end up paying.