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

It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Old Malden. However these days you will not be able to complete any conveyancing process in the absence providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Please note that if you are supplying your driving licence as evidence of ID it needs to be both the paper section as well as the photo card part, one is not sufficient without the other.

Evidence of the source of money is necessary in accordance with the Money Laundering Regulations. You should not be offended when you are asked to produce this as your conveyancer will need to retain this information on file. Your Old Malden conveyancing solicitor will require evidence of proof of funds before they are able to accept any monies from you into their client account and they should also ask additional queries regarding the source of monies.

Despite weeks of looking the Title Certificate and documents to our property are lost. The conveyancers who conducted the conveyancing in Old Malden 4 years ago have long since closed. Will I be able to sell the house?

In today’s world there are duplicates made of almost everything, and your conveyancer should be aware exactly where to find all the suitable paperwork so you may buy or dispose of your property without a hitch. Where copies can’t be located, your solicitor may be able to arrange cover in the form of insurance or indemnities against future claims on the premises.

How does conveyancing in Old Malden differ for newly converted properties?

Most buyers of new build premises in Old Malden come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is completed. This is because new home sellers in Old Malden usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Old Malden or who has acted in the same development.

What does commercial conveyancing in Old Malden cover?

Commercial conveyancing in Old Malden incorporates a wide range of guidance, given by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

My husband and I are novice buyers - had an offer accepted, but the agent advised that the seller will only go ahead if we instruct their preferred conveyancers as they need a ‘quick sale’. We would rather use a local solicitor who is accustomed to conveyancing in Old Malden

It is highly unlikely the owners are behind this. If they want ‘a quick sale', alienating a motivated buyer is is going to put the whole deal at risk. Contact the vendors directly and make sure they comprehend that (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you intend to use your preferred Old Malden conveyancing lawyers - as opposed tothose that will earn the estate agent a introducer fee or achieve conveyancing targets pre-set by corporate headquarters.