We were about to retain a conveyancing solicitor in Towyn found on your site but stumbled across alternative fee calculations via the web look less pricey – why is this?

There are numerous solicitors offering what appear to be extremely cheap conveyancing in Towyn. Our recommendation is to think twice as to how much you respect your own move to you are willing to take 'cheap' risks concerning the standard of the conveyancing. Many of them accentuate a bargain quote to tempt you but hide extra charges in the small print..

I am nearing an exchange on a property in Towyn and my mum and dad have transferred the exchange deposit to my property lawyer. I am now told that as the deposit has not come from me my conveyancer needs to disclose this to my mortgage company. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I informed the bank regarding my parents' contribution when I applied for the home loan, so is it really necessary for this now to hold matters up?

The conveyancing practitioner is legally required to clarify with lender to ensure that they know that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your bank if you agree, failing which, your lawyer must cease to continue acting.

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

Towyn conveyancing solicitors and indeed property lawyers throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to verify the ID of any client with a view to ensure that clients are who they say they are.

Conveyancing clients will need to disclose two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement no more than three months).

Confirmation of the origin of funds is also required under the money laundering regulations as lawyers are obliged to check that the funds you are utilising to acquire a property (be it the exchange deposit or the full purchase monies where you are buying mortgage free) has originated from legitimate source (such as employment savings) as opposed to the proceeds of criminal behaviour.

Me and my partner are purchasing a flat in Towyn. I might seem paranoid but how we can trust a lawyer? On completion day we have to deposit funds into their account. What is the protection we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

I am aiming to move property in February. Should my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you put forward a removal company in Towyn. Conveyancing firm was organised prior to coming across this site.

On the afternoon of completion you will need to pick up the house keys from the estate agent but this can only occur once the vendors conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be passed over. You will need to tell the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal organisation but can assist you in choosing a conveyancing in Towyn or a lawyer with expertise in conveyancing in Towyn.

I had a mortgage agreed in principle with Principality. Towyn conveyancing practitioners are selected. How long does it take for Principality to issue the offer to the conveyancing practitioner?

There is no definitive answer here. Have Principality completed the valuation? Have you advised Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

It may have been a long time coming a mortgage agreement from a mortgage company for the remortgage of my 4 bedroom flat is expected any day now. Could you recommend a low cost remortgage conveyancing law firm in Towyn ?

You are on the wrong site if you are in need of the lowest fares for conveyancing solicitors in Towyn. Our intention is to offer value for money conveyancing but we do not advertise as being the cheapest. Do not be fooled by companies offering low cost conveyancing in Towyn.At best, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up being stung for additional fee and still not receive the service you were hoping for.