In what way does my ID and proof of funds have anything to do with my conveyancing in Abbeymeads? Why is this being asked of me?

To satisfy the Money Laundering Regulations any Abbeymeads 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 showing where you live.

Under Money Laundering Regulations, property lawyers are obliged by law to validate not just the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this will lead to your lawyer cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers will have an obligation to make a disclosure to the appropriate authorities should they consider that any monies received by them may contravene the Money Laundering Regulations.

My wife and I own a 4 bedroom Edwardian house in Abbeymeads. Conveyancing lawyer acted for me and . I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with the exact same property. I thought I was buying a freehold how can I check?

You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Abbeymeads and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing lawyer who conducted the work.

I'm purchasing my first flat in Abbeymeads with a mortgage from . The sellers would not budge the price so I negotiated 6k of extras instead. The estate agent suggested that I not reveal to my solicitor about the deal as it will impact 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.

I am looking into buying my first house which is in Abbeymeads and I am already nervous. I couldn't find anything specific about Abbeymeads. Conveyancing will be needed in due course but do you know about the Abbeymeads area? or perhaps some other tips you can share?

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

My brother has encouraged me to instruct his lawyers for conveyancing in Abbeymeads. Do I take his recommendation?

No doubt the ideal way to find a conveyancing lawyer is to get guidance from friends or family who have used the firm that you are are thinking of instructing.