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

To satisfy the Money Laundering Regulations any Kingsthorpe conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility bill showing your correct address.

Under Money Laundering Regulations, property lawyers are required to investigate not just the ID of conveyancing clients but also the origin of monies that they receive in respect of any matter. Refusal to disclose this will lead to your lawyer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your property lawyers will have an obligation to make a disclosure to the appropriate authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.

I am considering refinancing my home in Kingsthorpe, does my lawyer have to be on the Aldermore Conveyancing panel?

In theory, you could use a solicitor that is not on the Aldermore conveyancing panel, but Aldermore would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.

Me and my brother purchased a 4 bedroom Georgian house in Kingsthorpe. Conveyancing practitioner represented me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the matching property. Is it worth asking Yorkshire Building Society to clarify?

You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Kingsthorpe and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with the conveyancing solicitor who conducted the purchase.

How do I identify a Kingsthorpe law firm on the Skipton Building Society conveyancing panel? I am a keen cyclist and am happy to travel upto 25miles to meet the conveyancer.

Feel free to make use of the tool on this page. Please pick a bank and your location and you will see a number of Kingsthorpe conveyancing lawyers locally. We have listed some Kingsthorpe conveyancing firms towards the end of this page and you can contact them to check whether they are on the Skipton Building Society panel

We're first time buyers - had an offer accepted, yet the property agent informed us that the owners will only move forward if we use their recommended lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local solicitor with experience of conveyancing in Kingsthorpe

We suspect that the owner is unaware of this request. Should the owner want ‘a quick sale', turning down a genuine buyer is counter productive. Speak to the vendors direct and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you intend to use your preferred Kingsthorpe conveyancing lawyers - rather thanthose that will earn the negotiator at the agency a kickback or meet his conveyancing figures pre-set by HQ.