What does my ID and proof of funds have anything to do with my conveyancing in Preston Park? Is this really necessary?
In order to comply with Money Laundering Regulations any Preston Park conveyancing firm will require proof of identity in all conveyancing matters. This is usually dealt with by provision of a passport and an original bank statement or utility bill showing where you live.
Under Money Laundering Regulations, property lawyers are obliged by law to investigate not just the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. Refusal to disclose this may result in your lawyer cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to inform the relevant authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
My brother-in-law has suggested I instruct a conveyancing solicitor in Preston Park. I need to find out whether they are accepted on the Aldermore approved list of lawyers. Could you or the lender confirm if they are on the panel?
You should e-mail the lawyer and ask them whether they are on the lender panel. Alternatively you can call Aldermore who may be able to assist.
I require expedited conveyancing in Preston Park as I am under a deadline to exchange contracts inside 2 weeks. Thankfully I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are not getting a home loan you have the choice not to do searches although no conveyancer would suggest that you don't. Drawing on years of experience of conveyancing in Preston Park the following are instances of what can show up and therefore impact future saleability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Unadopted Roads,...
The estate agent has sent us the confirmation of our purchase of a new build apartment in Preston Park. 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.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Preston Park
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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared.
My cousin has encouraged me to use his conveyancers in Preston Park. Should I choose my own conveyancer?
No doubt the ideal way to choose a conveyancing lawyer is to seek referrals from friends or family who have actually previously instructed the firm you're contemplating using.