What does my ID and proof of funds have anything to do with my conveyancing in Grangetown? What am I being asked for?

Grangetown conveyancing solicitors as well as nationwide property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to check the ID of any client in order to satisfy themselves that clients are who they say they are.

Conveyancing clients are required to supply two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and proof of address (usually a Bank Statement no older than three months).

Evidence of the origin of monies is also required under the money laundering laws as lawyers are obliged to ensure that the money you are utilising to acquire a property (be it the exchange deposit or the full purchase monies if you are a cash purchaser) has come from an acceptable source (such as an inheritance) rather than the proceeds of illegitimate behaviour.

What can a local search tell me regarding the property I am purchasing in Grangetown?

Grangetown conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company for instance Xpress Legal The local search plays an important role in most Grangetown conveyancing purchase; that is if you don’t want any nasty once you have moved into your new home. The search should provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.

Just had an offer accepted on a new build flat in Grangetown. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Grangetown

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

Due to the encouragement of my in-laws I had a survey completed on a house in Grangetown before appointing lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some banks may refuse to issue a mortgage on this type of premises.

It varies from the lender to lender. HSBC has different instructions for example to Halifax. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Grangetown. Conveyancing may be slightly more expensive based on your lender's requirements.

How simple is it to switch solicitor as I have to appoint one who is on the Bank of Ireland conveyancing panel. I hired a local conveyancing solicitor in Grangetown five minutes from me but he is not approved by Bank of Ireland

We will our best to assist in finding you a conveyancing solicitor in Grangetown on the Bank of Ireland panel. Please note that the conveyancers that we list do not pay us a referral fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Grangetown. In making use of the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Grangetown.