My financial adviser says he needs my Sevenoaks solicitor’s panel reference for the Santander conveyancing panel. How do I find this out. I have tried my local Sevenoaks office but they have not responded to me.
The sensible thing to do is ask for this information from your Sevenoaks property lawyer . They maintain a central record lender panel numbers.
In what way does my ID and proof of funds have anything to do with my conveyancing in Sevenoaks? Is this really necessary?
In order to comply with Money Laundering Regulations any Sevenoaks conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility bill evidencing where you live.
Under Money Laundering Regulations, property lawyers are required to check not just the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this will result in your lawyer cancelling their relationship 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 believe that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
I am assisting my niece sell her house in Sevenoaks. Will the solicitor commission the energy performance certificate or it is for the seller to see to?
After the demise of Home Information Packs, EPC’s was kept a compulsory component of selling a property. An energy assessment should be commissioned before the property is placed on the market. This is not as aspect of the sale process that lawyers normally arrange. If you are using a Sevenoaks conveyancing lawyer they may be willing to arrange energy assessments due to their contacts with reputable local providers
I am aiming to move home in February. Should my conveyancing solicitor update the removal company on the completion day. Incidentally, can you put forward a removal company in Sevenoaks. Conveyancing firm was organised prior to coming across your site.
On the day of completion you will need to pick up the keys from your estate agent however this should only happen after the sellers solicitors advise the agent that the monies to complete are in and the keys can be released. Subsequently you can tell the removal company that they can start moving you in. We do not recommend a specific removal organisation but can assist you in choosing a residential property solicitor in Sevenoaks or a firm with expertise in conveyancing in Sevenoaks.
I had an offer accepted on a house in Sevenoaks on 8/11/2024, valuation was booked 4 days after, received a clean bill of health. Solicitor appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Yorkshire BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Yorkshire BS conveyancing panel. Are Yorkshire BS entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
three months have gone by since my purchase conveyancing in Sevenoaks took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Should I be wary by third parties that I am dealing with are suggesting a nationwide conveyancing firm as opposed to a High Street Sevenoaks conveyancing firm?
As is the case with many service providers, often input from connections can be extremely useful or valuable. But there are lots of players in a conveyancing deal; estate agents, mortgage brokers and lenders might all recommend lawyers to retain. Sometimes the solicitors might be known to one of the organisations as being good in their field, but sometimes there might be a commercial relationship behind the endorsement. You are at liberty to select your preferred lawyer. Don't forget that many mortgage providers operate an approved list of solicitors you are obliged to use for the mortgage aspect of your conveyancing.