In what way does my ID and proof of funds have anything to do with my conveyancing in Brixham? What am I being asked for?
Brixham conveyancing solicitors and indeed property practitioners accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to supply two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and proof of address (typically a Utility Bill less than 3 months old).
Confirmation of source of funds is also necessary in accordance with the money laundering regulations as lawyers are duty bound to check that the money you are utilising to buy a property (be it the exchange deposit or the full purchase price if you are a cash purchaser) has come from an acceptable source (such as an inheritance) rather than the fruits of criminal behaviour.
The Brixham conveyancing lawyers that I recently instructed on my house acquisition in Brixham have suddenly shut down. I chose them because I needed a lawyer on the Clydesdale conveyancing panel and my family Brixham lawyer was not. I sent them a cheque for £250 in advance. What should be my next steps?
If you have an estate agent involved then inform them straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Clydesdale conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
It has been 4 months following my purchase conveyancing in Brixham concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Hoping to buy a property located in Brixham and I am already nervous. I couldn't find anything specific about Brixham. Conveyancing will be needed in due course but do you know about the Brixham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Brixham. In the meantime here are some basic statistics that we found
I am looking for a conveyancing lawyer in Brixham for my sale. Can I see a solicitor's complaints history with the profession’s regulator?
You can see published Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after Jan 2008. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could monitor call for training requirements.
I am buying a flat mortgage free. I have provided conveyancer with two distinct evidence of photographic ID, bank statement, numerous utility bills. Now he requires a copy from a probate lawyer advising that the money is legitimate and that it has come from inheritance and not dealing E's in Ibiza.
In today’s world you will not be able to complete any Brixham conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Evidence of your source of funds is required under Money Laundering Regulations.