I am in the throes of changing my domestic home loan to a BTL Barclays Direct mortgage. I was told by my financial advisor that I must appoint a solicitor for this. I spoke to the same Jesmond conveyancing firm who acted on my behalf when I previously bought the premises. The fee calculation they've given of just over five hundred pounds is surprising as its a refinance than a sale or purchase.

The estimate does seem a tad overpriced. If you you were to look around you could decrease the fees slightly by as much as a hundred pounds. On the other hand, if you were satisfied with the legal work the firm provided you couldlive to rue choosing an an untested lawyer. If is important to be sure that the conveyancer can represent Barclays Direct. You can make use of our search tool to find a Jesmond conveyancing firm on the Barclays Direct conveyancing panel, which can often include conveyancing solicitors in Jesmond.

What does my ID and proof of funds have anything to do with my conveyancing in Jesmond? Is this really necessary?

You are right in these requests have nothing to do with conveyancing in Jesmond. However these days you can not proceed with any conveyancing process if you have not supplying proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as proof of identification it must be both the paper section as well as the photo card part, one is not satisfactory without the other.

Evidence of the source of funds is necessary in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your lawyer must retain this information on record. Your Jesmond conveyancing solicitor will need to see evidence of proof of funds prior to accepting any money from you into their client account and they will also ask further queries regarding the source of funds.

I am buying a new build house in Jesmond benefiting from help to buy. The developers refused to move on the amount so I negotiated £7000 of additionals instead. The estate agent advised me not to tell my lawyer about the side-deal as it may affect my mortgage with the lender. Do I keep my lawyer in the dark?.

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.

As co-executor for the estate of my uncle I am selling a property in Neath but live in Jesmond. My solicitor (who is 250 miles awayhas requested that I sign a stat dec before completion. Could you suggest a conveyancing lawyer in Jesmond to attest and place their company stamp on the document?

strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are based in Jesmond

What is the reason for my solicitor requiring a list of items of ID before they can commence with selling or buying a property in Jesmond?

Jesmond solicitors are required by the Law Society, Solicitors Regulation Authority, HMLR and current Money Laundering legislation to certify that the have verified the identity of their clients. It will also be a requirement of your lender where you are obtaining a mortgage. In addition they have to complete various forms, particularly those relating to stamp duty land tax and need to have information such as your full names, NI number and date of birth.