In what way does my ID and proof of funds have anything to do with my conveyancing in Beaconsfield? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Beaconsfield conveyancing firm will require proof of identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.
Under Money Laundering Regulations, conveyancing solicitors are duty bound to check 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 will 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 will have an obligation to make a disclosure to the appropriate authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
I am purchasing a house and the lawyer has raised the issue of Chancel Repair to which the property may be obligated to contribute to given it’s proximity to the area of such a church. He has recommended insurance. Is this really required for conveyancing in Beaconsfield
Unless a previous acquisition of the premises took place after 12 October 2013 you can take it that conveyancing practitioners delivering conveyancing in Beaconsfield to continue to recommend a chancel search and or insurance against a claim.
four months have gone by since my purchase conveyancing in Beaconsfield completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Given that I am about to spend hundreds of thousands of pounds on a terraced house in Beaconsfield I wish to talk to a solicitor concerning theconveyancing in advance of instructing the firm. Can this be arranged?
This is something that we recommend - we would be delighted to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your conveyancing in Beaconsfield.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter number. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Beaconsfield should be the amount on the final invoice that you end up paying.
I today plan to offer on a house that appears to tick a lot of boxes, at a great figure which is making it more attractive. I have subsequently been informed that the title is leasehold rather than freehold. I am assuming that there are particular concerns buying a leasehold house in Beaconsfield. Conveyancing solicitors have are about to be appointed. Will my lawyers set out the risks of buying a leasehold house in Beaconsfield ?
The majority of houses in Beaconsfield are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area can help the conveyancing process. it is apparent that you are buying in Beaconsfield so you should seriously consider looking for a Beaconsfield conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as obtaining the landlord’sconsent to carry out alterations. It may be necessary to pay a contribution towards the upkeep of the estate where the house is located on an estate. Your conveyancer should appraise you on the various issues.