You could try, but the solicitor wouldn't accept it - the money laundering regulations prevent them from taking more than some relatively trivial amount in cash.
See the law society's advice on anti-money laundering regulations (http://www.lawsociety.org.uk/professional/conduct/guidance/view=article.law?POLICYID=308674), especially number 19:
19. Are firms required to limit the amount of cash they accept? * Firms should consider having a cash policy which limits the amount of cash they accept from any client. * The firm’s policy should be communicated to clients, perhaps in the client care letter or terms of business document. * The Law Society does not state a maximum or minimum amount of cash which a firm should accept from clients. * Firms should check the terms of their insurance policy with their insurers, to make sure they are covered if they accept cash sums.
Fairy nuff. When we just bought our house our solicitor's letter of engagement said "Due to money laundering regulations we cannot accept payments in cash of more than X" (I can't remember what X actually was) which I guess is consistent with the para you quoted above and doesn't actually state that they are legally prevented from accecpting cash.
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(no subject)
Date: 2007-02-13 04:03 pm (UTC)I maintain that if I ever buy a house it would be fun to take the deposit to the solicitor's office in a briefcase handcuffed to my wrist.
(no subject)
Date: 2007-02-13 04:06 pm (UTC)(no subject)
Date: 2007-02-13 04:19 pm (UTC)(no subject)
Date: 2007-02-13 05:09 pm (UTC)(no subject)
Date: 2007-02-13 06:30 pm (UTC)See the law society's advice on anti-money laundering regulations (http://www.lawsociety.org.uk/professional/conduct/guidance/view=article.law?POLICYID=308674), especially number 19:
19. Are firms required to limit the amount of cash they accept?
* Firms should consider having a cash policy which limits the amount of cash they accept from any client.
* The firm’s policy should be communicated to clients, perhaps in the client care letter or terms of business document.
* The Law Society does not state a maximum or minimum amount of cash which a firm should accept from clients.
* Firms should check the terms of their insurance policy with their insurers, to make sure they are covered if they accept cash sums.
(no subject)
Date: 2007-02-14 09:37 am (UTC)