My fiance’s dad is a property lawyer. I expect that I will be offered preferential pricing for conveyancing, However if that does not come through, what kind of figure would I typically be looking at for conveyancing in Gillingham?
It’s a good idea to look for multiple conveyancing estimates. Do use our comparison tool on this site. You will notice that amounts may vary but the service one can expect are distinct between solicitors as is the case with most professions.
My wife and I are due to exchange on the purchase of a property in Gillingham but as a consequence of damage from some water damage at the property I have managed to agree compensation from the owner in the sum of £2k taking the form of a reduction in the price. I had intended this to be dealt with as part of the conveyancing process but Skipton are not allowing this. Why were they informed?
The conveyancer being on a Skipton conveyancing panel is obliged to disclose to Skipton of any amendments to the sale price. If you were to refuse your property lawyer to notify the price change to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new conveyancer for your conveyancing in Gillingham.
In what way does my ID and proof of funds have anything to do with my conveyancing in Gillingham? Is this really necessary?
Gillingham conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified ID; proof of identity (usually a Passport or Driving Licence) and proof of address (usually a Utility Bill no older than three months).
Proof of source of monies is also necessary under the money laundering regulations as conveyancers are obliged to ensure that the monies you are utilising to acquire a property (be it the exchange deposit or the full purchase price where you are buying without a mortgage) has come from a reputable source (such as an inheritance) rather than the fruits of illegitimate activity.
I am buying a semi-detached house in Gillingham. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Gillingham you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Gillingham.
I decided to have a survey carried out on a house in Gillingham in advance of appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some lenders will not issue a loan on this type of property.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. If you e-mail us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Gillingham. Conveyancing will be smoother if you use a solicitor in Gillingham especially if they regularly deal with such properties in Gillingham.