We hired a high street lawyer for our conveyancing in Wimborne last week. Going through the small print it is apparent thatI am on the hook for fees even if the sale aborts. Should I go with them or choose a web based firm offering no move no charge conveyancing in Wimborne?

Generally there is a compromise along the lines that if "No Completion No Fee" is available then the conveyancing charges will tend to be be more expensive to counteract the cases that abort. Do bear in mind that these promotions generally do not protect you from expenditure such as Wimborne conveyancing search expenses.

What does my ID and proof of funds have anything to do with my conveyancing in Wimborne? What am I being asked for?

In order to comply with Money Laundering Regulations any Wimborne conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually satisfied by provision of a passport and an original bank statement or utility account evidencing where you live.

Under Money Laundering Regulations, conveyancing solicitors are obliged by law to ascertain not simply the ID of conveyancing clients but also the source of monies that they receive in respect of any matter. Refusal to disclose this may result in your solicitor terminating their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers will have an obligation to make a disclosure to the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.

I am buying a property and the conveyancer has mentioned Chancel Repair for which the house could be obligated to pay given it’s proximity to the area of such a church. She has recommended insurance. Is this strictly required for conveyancing in Wimborne

Unless a prior acquisition of the premises took place after 12 October 2013 you can take it that lawyers handling conveyancing in Wimborne to continue to recommend a chancel search and or insurance against a claim.

I am looking into buying my first house which is in Wimborne and I am already nervous. I couldn't find anything specific about Wimborne. Conveyancing will be needed in due course but do you know about the Wimborne area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Wimborne. In the meantime here are some basic statistics that we found

Our lender agreed in principle to give us a mortgage. We are using a long established conveyancer in Wimborne last week. A couple of hours ago, our mortgage adviser called to say that the mortgage company said that we cannot use our solicitor as they aren't on their panel. As novices, we did not have a clue that the bank had a say Is this allowed?

You are permitted to select any lawyer you want to use for your conveyancing in Wimborne but if they are not on the your bank's approved list you must pay an extra fee so the mortgage company can appoint their own lawyers. On occasion it is possible your solicitor may apply to get added to the bank panel. Do make the most of web-based search facilities such as lenderpanel.com to find a conveyancing solcitor in Wimborne on the mortgage company panel. You can go into your high street mortgage company branch in Wimborne. They will know some good conveyancing solicitors in Wimborne on the approved list.