My previous solicitor has quoted £1150 for leasehold conveyancing in Southend On Sea. I’m selling a Edwardian property for £225,000. This appears expensive. Is it above the average fee for conveyancing in Southend On Sea?

The estimate does seem a tad overpriced. If you shop around you may be able to get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, you mightlive to rue choosing an an unknown lawyer. Remember to check the firm can represent your mortgage company. You can employ our comparison tool to select a Southend On Sea conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Southend On Sea.

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

Southend On Sea conveyancing solicitors and indeed property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to satisfy themselves that clients are who they say they are.

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

Proof of the origin of monies is also necessary in compliance with the money laundering regulations as conveyancers have a duty to investigate that the money you are utilising to acquire a property (be it the exchange deposit or the total purchase amount where you are a cash purchaser) has originated from an acceptable source (such as employment savings) as opposed to the product of criminal behaviour.

I bought my home on 13 May and the transaction details is yet to be registered. Should I be concerned? My conveyancing solicitor in Southend On Sea said it will be recorded inside ten days. Are transfers in Southend On Sea uniquely lengthy to register?

As far as conveyancing in Southend On Sea registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timeframes can adjust according to the party submitting the application, whether it is in order and if the Land registry must send notices to any 3rd parties. At present in the region of 80% of submission are fully addressed within two weeks but occasionally there can be extensive hold-ups. Historically registration is effected once the buyer is living at the property therefore post completion formalities is not always primary concern but where there is a degree of urgency associated with the registration then you or your solicitor can contact the land registry and explain the circumstances.

I'm buying my first flat in Southend On Sea with a mortgage from Norwich and Peterborough Building Society. The sellers would not reduce the price so I negotiated 6k of fixtures and fittings instead. The estate agent told me not to tell my solicitor about this side-deal as it will put at risk my mortgage with the bank. Should I keep quiet?.

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 opted to have a survey carried out on a property in Southend On Sea before appointing lawyers. I have been informed that there is a flying freehold element to the property. My surveyor has said that some mortgage companies may not grant a mortgage on such a premises.

It varies from the lender to lender. Lloyds has different instructions from Halifax. If you call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Southend On Sea. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Southend On Sea to see if the conveyancing costs will increase in light of this.