Much to our surprise we have been advised by our broker that my Maidstone property lawyer is not on the mortgage company Solicitor panel. What can I do to be certain if this is indeed the case?
The sensible course of action for you to take is to contact your Maidstone lawyer directly. You lawyer should notify you of the situation. If they are not on the panel they may be able to suggest a Maidstone conveyancing firm that is on the approved list of lawyers for your lender.
In what way does my ID and proof of funds have anything to do with my conveyancing in Maidstone? Is this really warranted?
In order to comply with Money Laundering Regulations any Maidstone conveyancing firm will require evidence of your identity in all conveyancing matters. This is usually satisfied by provision of a passport and an original bank statement or utility bill showing where you live.
In accordance with Money Laundering Regulations, property lawyers are required to check not simply the ID of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this may lead to your solicitor ending 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 inform the relevant authorities should they consider that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
I am buying a flat and need a conveyancing solicitor in Maidstone who is on the Norwich and Peterborough Building Society approved. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Norwich and Peterborough Building Society in certain locations such as Maidstone. We dont recommend any particular firm.
In my capacity as executor for the estate of my grandmother I am disposing of a house in Newport but live in Maidstone. My conveyancer (approximately 260 miles from mehas requested that I execute a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Maidstone who can witness this legal document for me?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are based in Maidstone
Builders have put forward a conveyancing practitioner and I've received an estimate from them. It's nearly £300 less expensive than my local Maidstone conveyancer. What's the catch?
Developers often have lists of conveyancing practitioners who are quick and who know the developer’s contract and conveyancer. As many developers offer an incentive to choose their approved conveyancer for this reason, any increased charges can be avoided and a builder will not put forward a conveyancing factory and run the risk of having the transaction delayed when they need an exchange within a tight deadline. A counter-argument for not opting for the suggested conveyancer is that they may prove reluctant to 'push' your interests at the risk of alienating the housebuilder. Where you have concerns that this may be the case you should keep with your local Maidstone property lawyer.