It has come to my attention via my mortgage broker that my Ascot property lawyer is not on the mortgage company Solicitor panel. How can I be sure if this is correct?
You need to contact your Ascot conveyancer. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
What does my ID and proof of funds have anything to do with my conveyancing in Ascot? Why is this being asked of me?
In order to comply with Money Laundering Regulations any Ascot 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 bill evidencing your correct address.
Under Money Laundering Regulations, conveyancers are required to check not only the ID 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 appropriate authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
I am purchasing a new build house in Ascot with the aid of help to buy. The builders refused to move on the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep advised me not to tell my lawyer about the deal as it could impact my loan with the lender. Should I keep quiet?.
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.
What makes your site different to alternative web based conveyancing solicitors for conveyancing in Ascot?
At this site obtain a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Ascot. As opposed to estate agents and brokerage sites we are not in the business of charging firms a commission if you choose them for your home move in Ascot
My step-father has urged me to appoint his conveyancers in Ascot. Should I use them?
No doubt the best way to find a conveyancing solicitor is to have referrals from friends or relatives who have actually used the solicitor you're considering.