What does my ID and proof of funds have anything to do with my conveyancing in Malpas? Is this really necessary?

Malpas conveyancing solicitors as well as nationwide property practitioners accross the UK have a duty under Anti-terror and anti-money-laundering rules to check the ID of any client in order to satisfy themselves that clients are who they say they are.

Conveyancing clients will need to provide two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement less than 3 months old).

Evidence of the origin of funds is also required under the money laundering statutes as lawyers are mandated to investigate that the monies you are utilising to acquire a property (whether it be the deposit for exchange or the full purchase monies if you are buying mortgage free) has originated from legitimate source (such as employment savings) and is not the proceeds of criminal behaviour.

I am purchasing a property and require a conveyancing solicitor in Malpas who is on the Nationwide Building Society approved. Could you point me in the right direction as regards a conveyancing firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nationwide Building Society in certain locations such as Malpas. We dont recommend any particular firm.

I am purchasing a new build house in Malpas with the aid of help to buy. The developers refused to budge the price so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not disclose to my solicitor about this extras as it may jeopardize my mortgage with The Mortgage Works. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder 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.

I was advised by numerous estate agents in Malpas to get a quote from a conveyancer on your site. What’s the financial advantage for Estate Agents to promote your site ahead of a competitor’s?

We don’t make any commission for directing people in our direction. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

Should one as executor remove a departed person's name from the title register for a house in Malpas?

Where a Malpas property is jointly owned and one of the proprietors passes away, their name will not immediately be removed from the title deeds. You are not required to amend the title as in the event of a sale you would just be required to supply proof why the joint proprietor is missing from the transfer, such as a grant of probate.

With the aim of making things simpler for the sale of the property you can apply to have the deceased person removed from the title entries by submitting an application to HM Land Registry with proof of the death. There is no fee from the Registry for this service.