Me and my partner are about to complete on the purchase of a house in Mountsorrel but as a consequence of wreckage from a small fire at the property I have managed to agree recompense from the vendor of £3k by way of a adjustment in the price. This was going to be dealt with as part of a side agreement but TSB will not agree to this. Should they have been approached?

Any conveyancing practitioner being on the TSB conveyancing panel is obliged to inform TSB of any changes to the purchase price. If you were to refuse your conveyancing practitioner to notify the price change to TSB then they would have to discontinue acting for you. In addition, TSB and you would have to appoint a new property lawyer for your conveyancing in Mountsorrel.

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

In order to comply with Money Laundering Regulations any Mountsorrel 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 obliged by law to check not only the ID of conveyancing clients but also the source of monies that they receive in respect of any matter. An unwillingness to disclose this may result in your solicitor cancelling 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 notify the appropriate authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.

We are purchasing a apartment in Mountsorrel. It might be a silly question but how we can trust a conveyancer? On the day of competition we have to deposit funds into their account. What is the protection we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

I happen to be the sole beneficiary of my late father’s will and I have everything in my name alone, including the house in Mountsorrel. Conveyancing formalities meant that the Land Registry date was in October. I want to move. I do know about the CML six month 'rule', meaning my proprietorship will be regarded the same way as if I'd bought the house in October. Is the property unsalable for six months?

The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. How practical a view banks take of it, depend on the bank as this clause principally exists to capture subsales or the flipping of properties.

I was told three weeks ago that my mortgage has been agreed to by Nationwide. Is it usual for Nationwide to only issue the offer once my solicitor in Mountsorrel is approved on their conveyancing panel? Nationwide have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.

Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.

I have justdiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in Mountsorrel for a purchase of a leasehold flat 18 months ago. How can I establish that my home is in my name in the name of the former proprietor?

The easiest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Mountsorrel conveyancing specialists.

I opted to have a survey completed on a house in Mountsorrel before retaining lawyers. I have been informed that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies will not issue a loan on such a house.

It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. If you call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Mountsorrel. Conveyancing will be smoother if you use a solicitor in Mountsorrel especially if they are acquainted with such properties in Mountsorrel.