In what way does my ID and proof of funds have anything to do with my conveyancing in Bridlington? Is this really necessary?
Bridlington conveyancing solicitors and indeed property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to verify the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to disclose two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and proof of address (usually a Utility Bill no older than three months).
Proof of the origin of monies is also necessary under the money laundering statutes as conveyancers are required to check that the funds you are using to acquire a property (be it the exchange deposit or the full purchase amount where you are a cash purchaser) has originated from an acceptable source (such as an inheritance) and is not the product of criminal activity.
I'm refinancing my primary home to a BTL loan with Nationwide Building Society and intend to use the remaining equity as a deposit on another house. The area we are looking at is Bridlington. Will your lawyers be able to act for the two lenders and tie in the transactions?
Do use our search tool on this site to ensure that the solicitors are on the relevant lender panels. Assuming that they are the lawyer should be able to tie up the two deals but you should talk with you solicitor and communicate your expectations and requirements.
I am thinking of appointing a conveyancing solicitor in Bridlington for my house move. Can I see a solicitor's record with the profession’s regulator?
Anyone can search for published Solicitor Regulator Association (SRA) determinations resulting from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA may recorded telephone calls for training reasons.
Last May I purchased a leasehold house in Bridlington. Do I have any liability for service charges for periods before my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Bridlington Leasehold Conveyancing - Sample of Queries before Purchasing
Make sure you enquire if there is anything that is prohibited in the lease. By way of example plenty of leases prohibit pets being permitted in in a block in Bridlington. If you love the apartmentin Bridlington however your dog can’t live with you then you have a very hard decision. Who manages the building? Is there a share of the freehold?
I have just appointed agents to market my basement flat in Bridlington.Conveyancing lawyers have not yet been instructed however I have just had a half-yearly maintenance charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should pay the service charge as usual as all ground rent and service payments should be allottedon completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process