We chose a local lawyer for my conveyancing in Nettleham yesterday. Going through the terms of engagement I notewe are on the hook for fees even if our purchase aborts. Should I ditch them and choose an on-line solicitor practice advertising no-sale-no-fee conveyancing in Nettleham?

Generally there is a concession along the lines that if "No Sale No Fee" is available then the conveyancing charges will tend to be be more expensive to counteract those cases that do not go ahead. Dont forget that such promotions rarely protect you from outlay for example Nettleham conveyancing search costs.

In what way does my ID and proof of funds have anything to do with my conveyancing in Nettleham? Is this really warranted?

Nettleham conveyancing solicitors and indeed property practitioners accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client with a view to ensure that clients are who they say they are.

Conveyancing clients are required to provide two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and evidence of address (typically a Utility Bill less than 3 months old).

Proof of source of monies is also required in compliance with the money laundering regulations as solicitors are obliged to ensure that the funds you are using to buy a property (whether it be the deposit for exchange or the total purchase monies where you are buying mortgage free) has originated from an acceptable source (such as employment savings) as opposed to the product of criminal behaviour.

A relative suggested that where I am purchasing in Nettleham I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is usually quoted for as part of the standard Nettleham conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Nettleham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Nettleham Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information concerning Nettleham.

Over the last few months I have been searching for a flat up to £305k and found one close by in Nettleham I like with amenity areas and transport links in the vicinity, however it only has 61 years unexpired on the lease. I can't really find anything else in Nettleham in this price bracket, so just wondered if I would be making a mistake buying a short lease?

If you need a home loan the shortness of the lease may be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.

I note that you have a search directory listing firms on the lender conveyancing panel. Do Nettleham conveyancing firms pay you a commission if I retain them for my own conveyancing?

We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Nettleham.