Can the conveyancing solicitors that you recommend carry out attended exchange conveyancing in Chorleywood and Rickmansworth?

There are a few conveyancing experts carrying out 24hr exchanges. You should e-mail us to secure a costs illustration and details as to dates.

In what way does my ID and proof of funds have anything to do with my conveyancing in Chorleywood and Rickmansworth? Why is this being asked of me?

It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Chorleywood and Rickmansworth. Nowadays you can not proceed with any conveyancing deal in the absence submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are supplying your driving licence as proof of identification it must be both the paper section as well as the photo card part, one is not sufficient without the other.

Verification of the source of money is necessary under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your lawyer must have this information on record. Your Chorleywood and Rickmansworth conveyancing lawyer will need to see evidence of proof of funds prior to accepting any funds from you into their client account and they should also ask additional questions regarding the source of monies.

I'm purchasing a new build house in Chorleywood and Rickmansworth with a mortgage from Alliance & Leicester . The builders refused to reduce the price so I negotiated 6k of extras instead. The house builders rep suggested that I not inform my lawyer about the side-deal as it would put at risk my loan 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.

Am I right to be suspicious by third parties that I am dealing with are suggesting a nationwide conveyancing firm as opposed to a local Chorleywood and Rickmansworth conveyancing firm?

As with many service providers, often input from relatives can be extremely useful or valuable. But there are many players in a conveyancing transaction; estate agents, mortgage brokers and lenders may suggest solicitors to retain. Sometimes the lawyers might be known to one of the organisations as being good in their field, but occasionally there is an underlying financial incentive behind the recommendation. You are free to appoint your preferred lawyer. You need to be aware that many mortgage providers operate an approved list of lawyers you have to use for the mortgage related work in your transaction.

I have just appointed agents to market my garden flat in Chorleywood and Rickmansworth.Conveyancing lawyers have not yet been instructed however I have just had a yearly service charge invoice – should I leave it to the buyer to sort out?

It best that you pay the maintenance contribution as usual as all rents and maintenance payments should be allottedon completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially