In what way does my ID and proof of funds have anything to do with my conveyancing in Wood Green? What am I being asked for?

Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you are required to sign should stipulate this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Should you are unwilling to supply ID verification documents, your conveyancer can not take you on as a client.

We just had an offer accepted to purchase with Earl Shilton BS. I popped in a few high street solicitors yet am unable to find a Wood Green conveyancing firm on the Earl Shilton BS approved list. Could you help?

You should make use of the find a conveyancing panel solicitor tool on this site. Pick the lender and type Wood Green or your preferred area and you will be presented with a number of lawyer located in Wood Green or by proximity to you.

When it comes to lenders such as Yorkshire BS, do Wood Green conveyancers incur an annual charge to be on the conveyancing panel?

We are unaware of any bank fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.

My partner and I have organised the release of further funds on our home loan from TSB as we wish to conduct a loft conversion to our property in Wood Green. Are we obliged to select a bricks and mortar Wood Green solicitor on the TSB conveyancing panel to deal with the legals?

TSB would not normally require firms on their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB list.

I've digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Wood Green solicitor - who is on the UBS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?

UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Wood Green surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when purchasing a residence in Wood Green? or I am told that there is a law dating back centuries that means some house owners residing in a parish church boundary will be compelled to pay for repairs to the chancel within the church. Is this appropriate for conveyancing in Wood Green?

Unless a prior purchase of the premises took place post 12 October 2013 you could take it that conveyancing practitioners handling conveyancing in Wood Green to remain encouraging a chancel search and or insurance against a claim.

I'm purchasing a new build house in Wood Green with the aid of help to buy. The builders would not move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent advised me not disclose to my solicitor about the side-deal as it would affect my mortgage with the bank. 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.