What does my ID and proof of funds have anything to do with my conveyancing in Strood? Is this really warranted?

It is indeed that case that these requests have nothing to do with conveyancing in Strood. However these days you can not complete any conveyancing transaction if you have not providing evidence of your identity. This usually takes the form of a either your passport or driving licence plus a council tax bill. Remember if you are supplying your driving licence as proof of ID it must be both the paper section as well as the photo card part, one is not acceptable without the other.

Evidence of your source of funds is required under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer will need to retain this information on file. Your Strood conveyancing lawyer will require evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask further questions regarding the origin of monies.

The deeds to our property are lost. The lawyers who did the conveyancing in Strood 10 years ago have long since closed. What are my next steps?

Nowadays there are copies made of almost everything, and your conveyancer should know exactly where to find all the relevant documentation so you may buy or dispose of your property without any difficulty. If duplicates are not available, your solicitor may be able to put in place insurance or indemnities against future claims on your property.

I am purchasing a new build house in Strood benefiting from help to buy. The developers would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not disclose to my solicitor about this extras as it would affect my loan with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder 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.

Due to the guidance of my in-laws I had a survey completed on a property in Strood prior to retaining conveyancers. I have been told that there is a flying freehold aspect to the house. My surveyor has said that some banks tend refuse to issue a loan on a flying freehold premises.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Strood. Conveyancing may be slightly more expensive based on your lender's requirements.

I am looking to sell my property. My past lawyers has retired. I am in need of a recommendation of a conveyancing firm. Im based in Strood if that makes a difference.

Please use our search tool to help you find a solicitor for your conveyancing in Strood. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.