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

Llanishen conveyancing solicitors and indeed property practitioners throughout the UK have a duty under money laundering regulations to verify the ID of any client in order to ensure that clients are who they say they are.

Conveyancing clients will need to provide two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and proof of address (typically a Bank Statement no more than three months).

Proof of the origin of monies is also required in compliance with the money laundering laws as solicitors have a duty to investigate that the monies you are utilising to purchase a property (whether it be the deposit for exchange or the full purchase price if you are a cash purchaser) has come from legitimate source (such as employment savings) and is not the fruits of criminal behaviour.

I require fast conveyancing in Llanishen as I am under an ultimatum to sign on the dotted line within 2 weeks. Luckily I do not need a mortgage. Can I decline from having conveyancing searches to save fees and time?

If.Given you are are a mortgage free purchaser you have the choice not to have searches carried out although no law firm would recommend that you don't. Drawing on our experience of conveyancing in Llanishen the following are instances of issues that can be revealed and therefore affect future mortgageability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Unadopted Roads,...

I bought my house on 8 March and my personal details is yet to be on the land registry website. Should I be concerned? My conveyancing solicitor in Llanishen advises it should be concluded in less than a month. Are properties in Llanishen uniquely lengthy to register?

As far as conveyancing in Llanishen is concerned, registration is no faster or slower than anywhere else in the country. Rather than based on location, timeframes can adjust subject to who lodges the application, whether it is in order and whether the Land registry must send notices to any 3rd parties. At present roughly 80% of such applications are completed within two weeks but occasionally there can be extensive delays. Registration is effected after the buyer has moved in to the premises thus an expedited registration is not typically an essential issue but if it is urgent that the the registration takes place urgently then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.

How does conveyancing in Llanishen differ for new build properties?

Most buyers of new build property in Llanishen approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is completed. This is because developers in Llanishen usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Llanishen or who has acted in the same development.

As co-executor for the estate of my aunt I am selling a residence in Newport but live in Llanishen. My lawyer (based 200 kilometers from mehas requested that I execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Llanishen who can witness this legal document for me?

strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are based in Llanishen