What does my ID and proof of funds have anything to do with my conveyancing in Duston? What am I being asked for?
To satisfy the Money Laundering Regulations any Duston conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility account showing where you live.
Under Money Laundering Regulations, conveyancers are required to validate not just the identity of conveyancing clients but also the origin of fund that they receive in respect of any matter. Refusal to disclose this may result in your lawyer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to inform the relevant authorities should they consider that any amounts received by them may contravene the Money Laundering Regulations.
It has been 2 months since my purchase conveyancing in Duston took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. 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 asset 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.
The estate agent has sent us the confirmation of our purchase of a new build flat in Duston. 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 legal work.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Duston
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Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are architect prepared.
Due to the guidance of my in-laws I had a survey completed on a house in Duston in advance of appointing conveyancers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend not issue a loan on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Duston. Conveyancing will be smoother if you use a solicitor in Duston especially if they are acquainted with such properties in Duston.
Taking into account that I will soon part with hundreds of thousands of pounds on a house in Duston I wish to talk to a solicitor regarding thehouse move prior to giving the go ahead to the firm. Is this something that you can arrange?
We could not agree more - we would be delighted to talk to you we do not take any clients on without you first talking to the lawyer who will be carrying out your conveyancing in Duston.There is no ‘factory style conveyancing’ - every client is unique individual, not a case reference. The practices that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Duston should be the figure that you end up paying.
I require the services of a bank panel solicitor in Duston. Could you help me?
It is not clear why you need a Duston panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Duston are on their panel . If you do find such a firm in Duston not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site