My previous lawyer has quoted £1700 for leasehold conveyancing in Lower Morden. I am hoping to sell a modern detached home for £200,000. Is this expensive? Is it in excess of what I should be paying for conveyancing in Lower Morden?

The estimate does seem marginally overpriced. If you shop around you could reduce the fees slightly by perhaps £125. On the other hand, you couldlive to rue opting for an an untested solicitor. Remember to enquire that the conveyancer can also act for your lender. Do employ our search tool to locate a Lower Morden conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Lower Morden.

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

Lower Morden conveyancing solicitors and indeed property lawyers throughout the UK have an obligation under money laundering regulations to check the ID of any client with a view to satisfy themselves that clients are who they say they are.

Conveyancing clients are required to provide two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement no older than three months).

Evidence of the origin of funds is also necessary in compliance with the money laundering regulations as lawyers have a duty to investigate that the monies you are utilising to buy a property (whether it be the deposit for exchange or the full purchase monies if you are buying mortgage free) has originated from a reputable source (such as employment savings) as opposed to the fruits of illegitimate behaviour.

I am purchasing a house and the solicitor has identified Chancel Repair for which the house may be obligated to pay given it’s proximity to the area of such a church. He has suggested insurance. Is this strictly required for conveyancing in Lower Morden

Unless a previous acquisition of the property took place after 12 October 2013 you could expect lawyers conducting conveyancing in Lower Morden to remain encouraging a chancel search and or chancel repair liability insurance.

How does conveyancing in Lower Morden differ for new build properties?

Most buyers of new build premises in Lower Morden come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is built. This is because house builders in Lower Morden typically buy the real estate, 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 Lower Morden or who has acted in the same development.

As co-executor for the estate of my aunt I am disposing of a house in Swansea but live in Lower Morden. My conveyancer (who is 300 kilometers awayrequires that I sign a stat dec prior to the transaction finalising. Can you recommend a conveyancing practitioner in Lower Morden who can witness this legal document for me?

Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are based in Lower Morden