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

To satisfy the Money Laundering Regulations any Hurstpierpoint conveyancing firm will require proof of identity in all conveyancing matters. This is usually satisfied by provision of a passport and an original bank statement or utility bill showing your correct address.

Under Money Laundering Regulations, conveyancing solicitors are duty bound to check not only the identity of conveyancing clients but also the source of the money that they receive in respect of any matter. An unwillingness to disclose this may result in your solicitor terminating their retainer 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 notify the appropriate authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.

What can a local search tell me regarding the house we're purchasing in Hurstpierpoint?

Hurstpierpoint conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company such as PSG The local search plays a central role in most Hurstpierpoint conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.

I have justdiscovered that Arc property Solicitors have been shut down. They carried out my conveyancing in Hurstpierpoint for a purchase of a freehold house 18 months ago. How can I establish that my home is not still registered in the name of the previous owner?

The easiest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hurstpierpoint conveyancing specialists.

I am purchasing a new build house in Hurstpierpoint with a loan from Nottingham Building Society. The developers would not move on the price so I negotiated five thousand pounds worth of extras instead. The house builders rep advised me not reveal to my conveyancer about the deal as it may put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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 told by my mortgage company that their panel lawyers work on no sale no charge basis for conveyancing in Hurstpierpoint. My purchase aborted nevertheless the solicitors have requested search fees! They are stating that the fees are nothing to do with their fees!

Hurstpierpoint conveyancing search charges are separate expenses not legal fees as these are paid to a third party.