What does my ID and proof of funds have anything to do with my conveyancing in Hindley? What am I being asked for?
In order to comply with Money Laundering Regulations any Hindley conveyancing firm will require proof of identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility account evidencing where you reside.
Under Money Laundering Regulations, conveyancers are duty bound to investigate 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 will lead to your solicitor terminating their retainer 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 make a disclosure to the relevant authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Hindley. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/3/2025, the requirements read as follows :
Are there restrictive covenants that are commonly identified as part of conveyancing in Hindley?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Hindley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I opted to have a survey completed on a property in Hindley prior to retaining solicitors. I have been told that there is a flying freehold aspect to the property. The surveyor has said that some banks will not grant a mortgage on this type of property.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to telephone us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hindley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hindley to see if the conveyancing costs will increase in light of this.
I need to instruct a conveyancing solicitor in Hindley for my remortgage. Is there any facility to review a firm’s complaints history with the profession’s regulator?
Members of the public can search for published Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA sometimes recorded call for training purposes.
We are midway through buying a residence in Hindley. Conveyancing solicitor has told us the title is "Leasehold". Should this make a difference on the marketability of the property?
Hindley conveyancing does not in most situations involve leasehold houses. The key consideration here is the unexpired lease term and the ground rent. If there are hundred of years years remaining with a nominal rent, it's almost the same as freehold, so it shouldn't impact the marketability too much.
At the other end of the spectrum, if it's, say, 50 years it is bound to have a significant effect on the value, and probably wouldn't be acceptable to the bank. The remaining lease term and ground rent will be set out in the lease provided to your lawyer.