What does my ID and proof of funds have anything to do with my conveyancing in Montgomery? Why is this being asked of me?
Montgomery conveyancing solicitors and indeed property lawyers throughout the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and proof of address (typically a Utility Bill less than 3 months old).
Confirmation of the origin of monies is also required in compliance with the money laundering regulations as conveyancers are duty bound to ensure that the monies you are utilising to acquire a property (be it the exchange deposit or the full purchase monies if you are a cash purchaser) has come from an acceptable source (such as employment savings) and is not the fruits of illegitimate activity.
My wife and I are intent on selling our property in Montgomery and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the buyers used a factory type conveyancing practice rather than a conveyancing solicitor in Montgomery. We have lived in Montgomery for 4 years we know that this is a non issue. Is it a good idea to contact our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Despite weeks of looking the Title Certificate and documents to my property can not be found. The solicitors who conducted the conveyancing in Montgomery 5 years ago are no longer around. What do I do?
In today’s world there are copies made of almost everything, and your conveyancer will be aware precisely where to find all the relevant documentation so you can purchase or sell your property without a hitch. Where duplicates can’t be located, your lawyer can arrange cover in the form of insurance or indemnities against possible claims on the premises.
I am looking for a leasehold apartment up to £305k and found one round the corner in Montgomery I like with a park and transport links nearby, the downside is that it's only got 61 years on the lease. There is not much else in Montgomery in this price bracket, so just wondered if I would be making a mistake buying a short lease?
Should you require a mortgage the remaining unexpired lease term will likely be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
How easy is it to switch firm as I have to instruct a firm on the Accord Mortgages Ltd conveyancing panel. I instructed a family conveyancing solicitor in Montgomery five minutes from me but she is not approved by Accord Mortgages Ltd
We will our best to assist in finding you a conveyancing solicitor in Montgomery on the Accord Mortgages Ltd panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Montgomery. In making use of the find a conveyancing solicitor tool on this site, you can scrutinise fees for conveyancing solicitors in Montgomery and throughout England and Wales.
My uncle purchased his flat in Montgomery Six years ago. He has since got wed, divorced and is now married again. He now intends to the sell the Montgomery property. I suspect that he will simply be need to provide a copy of his marriage certificates to the conveyancing practitioner however he is concerned it will frustrate the home sale. Is it worth updating the title information for the property?
You are not required to bring up to date the register providing you have the evidence required to demonstrate how the change of name occurred.
The purchaser’s lawyer should review the registered information and require evidence by way of proof of the change of name for instance marriage documentation.