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

Ripponden conveyancing solicitors as well as nationwide property practitioners accross the UK have an obligation under Anti-terror and anti-money-laundering rules to check the identity of any client in order to ensure that clients are who they say they are.

Conveyancing clients are required to disclose two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and proof of address (usually a Utility Bill less than 3 months old).

Confirmation of source of funds is also required under the money laundering statutes as conveyancers are mandated to investigate that the funds you are using to buy a property (whether it be the deposit for exchange or the full purchase amount if you are a cash purchaser) has come from an acceptable source (such as an inheritance) rather than the proceeds of criminal behaviour.

I have been told that property searches are the number one cause of stalling in Ripponden house deals. Is this right?

The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Ripponden.

I have justfound out that Wolstenholmes have closed. They carried out my conveyancing in Ripponden for a purchase of a leasehold apartment 18 months ago. How can I be sure that the property is not still registered in the name of the previous owner?

The quickest method to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Ripponden conveyancing specialists.

Due to the advice of my in-laws I had a survey completed on a house in Ripponden ahead of appointing conveyancers. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some lenders may not grant a mortgage on such a property.

It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ripponden. Conveyancing will be smoother if you use a solicitor in Ripponden especially if they are acquainted with such properties in Ripponden.

I was advised by a number of property agents in Ripponden to get a quote from a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to recommend your site ahead of another?

We don’t offer any commission for sending work to this site. We thought it would be too underhand to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.