In what way does my ID and proof of funds have anything to do with my conveyancing in Harold Hill? Is this really warranted?

Harold Hill conveyancing solicitors as well as nationwide property lawyers throughout the UK have an obligation under money laundering regulations to check the identity of any client in order to satisfy themselves that clients are who they say they are.

Conveyancing clients will need to disclose two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and evidence of address (usually a Utility Bill no more than three months).

Proof of source of funds is also required in compliance with the money laundering laws as conveyancers are required to ensure that the monies you are utilising to purchase a property (whether it be the deposit for exchange or the total purchase amount where you are a cash purchaser) has originated from legitimate source (such as employment savings) rather than the product of criminal behaviour.

I am purchasing a semi-detached house in Harold Hill. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Harold Hill you will have to appoint a solicitor on your mortgage company'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 Harold Hill.

Forgive me if this question is silly but I am unseasoned as FTB of a two bedroom flat in Harold Hill. Do I receive the keys to the house on completion from my solicitor? If this is the case, I will appoint a High Street conveyancing solicitor in Harold Hill?

On the day of completion you do not need to attend the conveyancers office in Harold Hill. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you should be called to collect the keys from the selling Agents and start moving into the property. Usually this occurs between 1 and 3pm.

We are getting the release of further funds on our home loan from RBS as we want to conduct a loft conversion to our home in Harold Hill. Do we need to appoint a high street Harold Hill solicitor on the RBS conveyancing panel to handle the paperwork?

RBS don't usually appoint firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS panel.

I have a mortgage with HSBC for my property in Harold Hill. Conveyancing was finalised some time ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform HSBC?

You must advise HSBC prior to letting out your property as this is likely to be a breach of HSBC’s mortgage conditions. It may be that HSBC will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. It should not be necessary to do this via a HSBC conveyancing panel solicitor.

Various internet forums that I have frequented warn that are a common cause of obstruction in Harold Hill house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in Harold Hill.

We are in the process of purchasing a flat in Harold Hill. Can the conveyancing practitioner keep the amount we are are buying for private from sites such as Zoopla. Is this achievable and how?

HMLR are legally bound to reveal price paid data on the official title for domestic properties nationwide including premises in Harold Hill. The register of ownership is a public document, so HMLR would be breaking the law if they failed to permit access to the register.

In essence you can make a request of HMLR to hide the amount paid data yet the response will be a No.