In what way does my ID and proof of funds have anything to do with my conveyancing in Edenthorpe? What am I being asked for?
To satisfy the Money Laundering Regulations any Edenthorpe conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account showing where you reside.
Under Money Laundering Regulations, conveyancers are required to investigate not just the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this may lead to your solicitor cancelling 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 notify the appropriate authorities should they consider that any monies received by them may contravene the Money Laundering Regulations.
I am about to put a bid on a leasehold property in Edenthorpe. The selling agents say that it is normal for flats in Edenthorpe to have less than 75 years left on the lease. I am getting a loan with Bank of Ireland. Will the property be mortgageable given that the lease has 72 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 4/7/2019 the requirements read as follows :
Are there restrictive covenants that are commonly identified as part of conveyancing in Edenthorpe?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Edenthorpe. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Are there any apps to assist me to locate a Edenthorpe law firm on the Bank of Ireland conveyancing panel? I have wheels and am willing to travel upto 20kilometers to meet the lawyer.
Feel free to make use of the search on this page. Please pick a bank and your location and you will see a number of Edenthorpe conveyancing lawyers based on proximity. We have detailed some Edenthorpe conveyancing firms at the bottom of this page and you can ring them to see if they are on the Bank of Ireland panel
We're FTB’s - had an offer accepted, but the estate agent has warned us that the vendor will only proceed if we instruct their chosen lawyers as they want a ‘quick sale’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Edenthorpe
We suspect that the owner is not behind this ultimatum. If they desire ‘a quick sale', taking such a hostile approach to a genuine buyer is likely to cause more damage than good. Contact the sellers directly and make the point that (a)you are genuine purchasers (b)you are ready to go, with finances in place © you are unencumbered (d) you wish to move quickly (e)however you intend to instruct your own,trusted Edenthorpe conveyancing solicitors - rather thanthe ones that will earn the estate agent a commission or meet his conveyancing targets demanded by HQ.