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

To satisfy the Money Laundering Regulations any Sydenham conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility bill evidencing your correct address.

Under Money Laundering Regulations, property lawyers are required to ascertain not just the ID of conveyancing clients but also the source of fund that they receive in respect of any matter. Refusal to disclose this will result in your solicitor ending their relationship 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 appropriate authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.

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

There are many registered licenced Conveyancers in Sydenham and Solicitor firms in Sydenham to choose from We would stress that both are regulated professionals specialising in the legal aspects of the home buying process. They may both also handle associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

I am the single beneficiary of my late mum's will with all property in now in my sole name, including the my former home in Sydenham. The Sydenham property was put into my name in October. I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', which means that my proprietorship will be considered the same way as if I'd bought the house in October. Do I have to wait 6 months to sell?

The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. How sensible a view banks take of it, depend on the bank as this requirement is primarily there to capture the purchase and immediately sell or the flipping of properties.

I've digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Sydenham solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?

Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your solicitor will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Sydenham postcode. As you are getting a mortgage with Lloyds, you could contact them to see if they have a list of approved surveyors in Sydenham.

I have todaybecome aware that Wolstenholmes have closed. They carried out my conveyancing in Sydenham for a purchase of a leasehold apartment 18 months ago. How can I check that the property is in my name in the name of the previous owner?

The easiest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Sydenham conveyancing specialists.

Hoping to buy a property located in Sydenham and I am already nervous. I couldn't find anything specific about Sydenham. Conveyancing will be needed in due course but do you know about the Sydenham area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Sydenham. In the meantime here are some basic statistics that we found

I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the bank approved panel. How can I be sure given that they are not listed on your directory?

Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the lender solicitor panel.