What does my ID and proof of funds have anything to do with my conveyancing in Chertsey? Is this really necessary?
To satisfy the Money Laundering Regulations any Chertsey conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility account showing where you live.
Under Money Laundering Regulations, conveyancers are duty bound to investigate not just 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 will lead to your solicitor terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to make a disclosure to the relevant authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.
We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would prefer to appoint a specialised conveyancing solicitor in Chertsey?
Do check but the chances are that give you one of their panel lawyers where you want the "fee-free" incentive. Speak to the lender to ask if they make available a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor near Chertsey.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a quick, no chain conveyancing. Chertsey is the location of the property. Can you shed any light on this issue?
Flying freeholds in Chertsey are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chertsey you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chertsey may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What is different about your site and other online quote calculators when it comes to conveyancing in Chertsey?
At this site receive an accurate quote via a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Chertsey. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you appoint them for your conveyancing in Chertsey
Am I better off to use a Chertsey conveyancing lawyer in close proximity to the house I am purchasing? An old friend can execute the legal work but her office is 300miles away.
The primary upside of using a local Chertsey conveyancing practice is that you can attend the office to execute documents, present your identification documents and apply pressure on them if necessary. Having local Chertsey know how is a benefit. However it's more important to get someone that will do a good and efficient job. If other friends have used your friend and in the main were content that should trump using an unknown Chertsey conveyancing lawyer just because they are round the corner.