In what way does my ID and proof of funds have anything to do with my conveyancing in Bury St Edmunds? What am I being asked for?
In order to comply with Money Laundering Regulations any Bury St Edmunds conveyancing firm will require proof of identity in all conveyancing transactions. This is usually dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.
In accordance with Money Laundering Regulations, conveyancing solicitors are obliged by law to investigate not only the identity of conveyancing clients but also the source of the money that they receive in respect of any matter. Refusal to disclose this may lead to your lawyer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to notify the appropriate authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
I am buying a new build apartment in Bury St Edmunds. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Bury St Edmunds
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Given that I will soon spend hundreds of thousands of pounds on a terraced house in Bury St Edmunds I wish to talk to a lawyer regarding theconveyancing ahead 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 solicitor who will be conducting your conveyancing in Bury St Edmunds.There is no ‘factory style conveyancing’ - every client is an important person, not a file number. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Bury St Edmunds should be the figure that you are charged.
We are a fortnight into a freehold purchase having been directed to conveyancers by the selling agent to do our conveyancing in Bury St Edmunds. I am am very frustrated with the quality of service. Could you help me find new conveyancers?
They would have to be very poor to suggest changing them. Has your mortgage been issued? If so you need to inform them of the new contact details and have the loan are issued to the new lawyers. Your conveyancer should be on the lenders panel to avoid supplemental fees and frustration. That should be your starting point. The find a solicitor tool should help you find a lender approved solicitor for your conveyancing in Bury St Edmunds
How much experience do your Bury St Edmunds conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Bury St Edmunds conveyancing lawyers help thousands of people move home every year and supported plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Bury St Edmunds conveyancers have worked on recent similar matters.