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

In order to comply with Money Laundering Regulations any Upminster Bridge conveyancing firm will require proof of identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility account evidencing your correct address.

In accordance with Money Laundering Regulations, conveyancing solicitors are obliged by law to investigate not only 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 retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers are duty bound to notify the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.

What is the difference between a licensed conveyancer and conveyancing solicitor in Upminster Bridge

There are many recorded licenced Conveyancers in Upminster Bridge and Solicitor partnerships in Upminster Bridge who can assist with your conveyancing We would stress that both are supervised by regulatory bodies with both specialising in the legal work in transferring property. The two can conduct associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

I am due to exchange contracts on my house. I had a double glazing fitted in January 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Clydesdale are being problematic. The Upminster Bridge solicitor who is on the Clydesdale conveyancing panel is recommending indemnity insurance as a solution but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?

It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

At last I have had an offer on an apartment in Upminster Bridge accepted, the sellers do nevertheless have a connected purchase. The vendors have offered on a flat, but it’s not yet agreed to, and have viewings of other properties booked. I have instructed a nearby conveyancing solicitor in Upminster Bridge. What do I do now? At what stage should I apply for the mortgage with TSB?

It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is approx £1k, then survey, Upminster Bridge conveyancing search costs, etc). First, you must check that your lawyer is on the TSB conveyancing panel. Regarding the subsequent phase this very much dictated by the circumstances of your case, desire for the property and on the state of the market. In a rising market some buyers will apply for a home loan with TSB and pay for the valuation and only if it was satisfactory would they pay their conveyancer to proceed with the conveyancing in Upminster Bridge.

I have been told that property searches are the main cause of hinderance in Upminster Bridge conveyancing transactions. Is this right?

The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances in the conveyancing process. Searches are unlikely to be the root cause of holding up conveyancing in Upminster Bridge.

I have been advised by numerous selling agents in Upminster Bridge to locate a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to recommend your lawyers rather than a competitor’s?

We refuse to offer any referral fee for directing people our way. We thought it would be too underhand a fee as a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.

We're new to the buying process - had an offer accepted, yet the property agent told us that the vendor will only issue a contract if we use the agent's preferred lawyers as they need a ‘quick sale’. Our preferred option is to instruct a local solicitor with experience of conveyancing in Upminster Bridge

It is improbable the owners are behind this. If they want ‘a quick sale', turning down a genuine buyer is is going to put the whole deal at risk. Try to communicate with the owners directly and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you will continue to use your own,trusted Upminster Bridge conveyancing solicitors - not the ones that will provide their estate agent a introducer fee or meet his conveyancing targets set by HQ.