My fiance and I are intent on purchasing a maisonette in Houghton Le Spring. My Solicitor is not on the mortgage company solicitor panel. Can I still retain my Houghton Le Spring conveyancing solicitor notwithstanding that they are excluded from the bank list of approved lawyers?
Various options include
- Carry on with your chosen Houghton Le Spring solicitor but your bank will need to instruct a conveyancer from their approved panel. The net result is additional fees and likely frustration.
- Appoint a fresh solicitor to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Convince your conveyancer to pull out all the stops to join the bank’s panel of solicitors
Our god-son is purchasing a new build apartment in Houghton Le Spring with a mortgage from Principality. His conveyancer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Principality conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Principality conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
In what way does my ID and proof of funds have anything to do with my conveyancing in Houghton Le Spring? Is this really necessary?
In order to comply with Money Laundering Regulations any Houghton Le Spring conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.
In accordance with Money Laundering Regulations, property lawyers are duty bound to validate not only the identity of conveyancing clients but also the source of the money that they receive in respect of any matter. An unwillingness to disclose this may result in your conveyancer terminating their relationship 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 make a disclosure to the relevant authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.
I have been referred to a conveyancing solicitor in Houghton Le Spring. I I am struggling to find out whether they are on the Barclays conveyancing panel. Could you help?
The first thing you should do is phone your lawyer and enquire if they can act for the bank. Alternatively you should call Barclays who may be able to assist.
Is there anything unique about your site and other online quote calculators for conveyancing in Houghton Le Spring?
At this site obtain a fixed fee quote via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Houghton Le Spring. As opposed to estate agents and many comparison sites we do not charge firms a fee if you select them for your property ownership legalities in Houghton Le Spring
We are in the process of acquiring a flat in Houghton Le Spring. Could our solicitor keep our purchase price confidential from sites such as Nestoria. what can I do to make sure this is not revealed?
The Land Registry are legally obliged to disclose price sold data on a register of the title for residential properties countrywide which includes properties in Houghton Le Spring. The register of title is an open document, so the Land Registry would be breaching their statutory duty if they did not grant access to the register.
You can ask HMLR to hide the amount paid data yet the answer will be in the negative.