What does my ID and proof of funds have anything to do with my conveyancing in Buckinghamshire? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Buckinghamshire conveyancing firm will require proof of identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility account showing where you live.
In accordance with Money Laundering Regulations, conveyancing solicitors are duty bound to check not only the ID of conveyancing clients but also the source of monies that they receive in respect of any matter. Refusal to disclose this may result in your solicitor ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to notify the appropriate authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
I am purchasing a semi-detached house in Buckinghamshire. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Buckinghamshire you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Buckinghamshire.
A colleague suggested that if I am purchasing in Buckinghamshire I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally included in the estimate for your Buckinghamshire conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Buckinghamshire around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information about Buckinghamshire.
I have recentlydiscovered that Action Conveyancing have closed. They carried out my conveyancing in Buckinghamshire for a purchase of a freehold house 10 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest way to check if the premises is registered to you, you can carry out 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 Buckinghamshire conveyancing specialists.
Is it best to choose a Buckinghamshire conveyancing solicitor who is local to the property I am buying? We have a good friend who can conduct the legal work however they are based 200kilometers away.
The benefit of a high street Buckinghamshire conveyancing practice is that you can visit the firm to sign paperwork, deliver your ID and pester them where appropriate. Having local Buckinghamshire know how is a plus. However nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and in the main were content that should outweigh using an unknown Buckinghamshire conveyancing lawyer solely due to them being local.
Back In 2006, I bought a leasehold flat in Buckinghamshire. Conveyancing and TSB mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Buckinghamshire who acted for me is not around. Do I pay?
First make enquiries of the Land Registry to make sure that this person is indeed the new freeholder. There is no need to instruct a Buckinghamshire conveyancing practitioner to do this as it can be done on-line for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Buckinghamshire Leasehold Conveyancing - A selection of Queries before buying
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The answer will be useful as a) areas can cause problems for the building as the common areas may start to deteriorate where maintenance remain unpaid b) if the tenants have an issue with the running of the building you will need to know about it Who are the managing agents?