I decided to go with a local solicitor for our conveyancing in Morden last week. Reviewing the small print I seeI am on the hook for charges even if the movedoes not happen. Should I ditch them and select an internet lawyer promising no completion no cost conveyancing in Morden?
It is usually a trade off in that if "No Sale No Fee" is offered then the fee levels will tend to be be more expensive to counteract those cases that do not go ahead. Also remember that such arrangements generally do not cover expenses for example Morden conveyancing search charges.
I have given 8 weeks notice to my current landlord and must vacate my let out flat in Morden by 5/6/2026. Conveyancing for my house purchase is underway. Is it possible to complete in 4 weeks as I wish to avoid having to find short term accommodation?
The normal practice is not to give notice for your letting unless exchange of contracts has taken place. Assuming that you have not already done so, update to your conveyancer and ask them to they seek the assistance the owners solicitors, try to get a realistic time scale from them that everyone will aim to achieve
In what way does my ID and proof of funds have anything to do with my conveyancing in Morden? Is this really warranted?
To satisfy the Money Laundering Regulations any Morden conveyancing firm will require proof of identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility bill showing your correct address.
In accordance with Money Laundering Regulations, conveyancing solicitors are duty bound to validate not simply the ID of conveyancing clients but also the origin of the money that they receive in respect of any matter. An unwillingness to disclose this will lead to your lawyer terminating their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to notify the relevant authorities should they consider that any monies received by them may contravene the Money Laundering Regulations.
I had intended to instruct a conveyancing solicitor in Morden for our house purchase. Our broker informed us that our bank Santander won't deal with them. Why is this not regarded as unduly restrictive?
Pre- 2008 most banks had a different appetite for risk. Almost all Morden conveyancing firms would have been on most lender panels. The Financial Services Authority in 2010 completed a thematic review into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more data from law firms regarding their operations and the individuals who work for them as well as set certain criteria such a completing on a minimum number of conveyancing. Many Morden conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Morden is amongst the hundreds of areas where the solicitors we list are are authorised to act for Santander.
I acquired my apartment on 16 August and the transaction details is yet to be on the land registry website. Any reason for this? My conveyancing solicitor in Morden expressed confidence that it would be recorded in a couple of weeks. Are transfers in Morden particularly slow to register?
There is nothing unique when it comes to conveyancing in Morden registration formalities. Rather than based on location, timescales can vary subject to who lodges the application, whether there are errors and whether the Land registry must send notices to any 3rd persons or bodies. As of today in the region of 80% of such applications are fully dealt with in less than three weeks but some can be subject to protracted hold-ups. Historically registration is effected after the buyer is living at the property therefore 'speed' is not always an essential issue but if it is urgent that the the registration takes place urgently then you or your lawyers can speak with the land registry and explain the circumstances.
Our mortgage broker has recommended their property lawyer for my conveyancing in Morden - won’t it be better to just instruct them?
You need to establish if the selling agent is recommending a solicitor or introducing to a lawyer. There are plenty of Morden estate agents who recommend two or three Morden conveyancing firms and get nothing from it.