I am hoping to receive a mortgage offer from Santander. I intend to use a Licensed Conveyancer in Biggin Hill. Does the Santander Conveyancing panel exclude conveyancers regulated by the CLC?

The Santander conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.

Me and my partner are due to complete buying a property in Biggin Hill but as a result of damage from the recent storms I have was able negotiate compensation from the current proprietors in the sum of six thousand pounds in the form of a reduction in the price. This was going to be addressed as part of a side agreement but will not agree to this. Should they have been notified?

Your being on a conveyancing panel is duty bound to advise of any variations to the sale price. If you were to refuse your to notify the reduction to then they would have to discontinue acting for you. In addition, and you would have to appoint a new for your conveyancing in Biggin Hill.

In what way does my ID and proof of funds have anything to do with my conveyancing in Biggin Hill? What am I being asked for?

In order to comply with Money Laundering Regulations any Biggin Hill conveyancing firm will require proof of identity in all conveyancing transactions. This is usually satisfied by provision of a passport and an original bank statement or utility account showing where you live.

Under Money Laundering Regulations, property lawyers are duty bound to ascertain not only the ID of conveyancing clients but also the source of the money that they receive in respect of any matter. Refusal to disclose this may result in your conveyancer ending 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 inform the relevant authorities should they consider that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.

I am buying my first flat in Biggin Hill benefiting from help to buy. The developers refused to reduce the amount so I negotiated 6k of additionals instead. The house builders rep suggested that I not to tell my solicitor about the deal as it would affect my loan with . Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a straight forward, no chain conveyancing. Biggin Hill is the location of the property. Can you offer any assistance?

Flying freeholds in Biggin Hill are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Biggin Hill you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Biggin Hill may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.