What does my ID and proof of funds have anything to do with my conveyancing in Reading? Why is this being asked of me?
Reading conveyancing solicitors as well as nationwide property practitioners throughout the UK have an obligation under money laundering regulations to verify the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Utility Bill no older than three months).
Confirmation of the origin of funds is also necessary under the money laundering regulations as solicitors are obliged to check that the money you are using to acquire a property (be it the exchange deposit or the total purchase monies if you are buying without a mortgage) has originated from a reputable source (such as an inheritance) as opposed to the product of criminal behaviour.
Do commercial conveyancing searches disclose impending roadworks that could impact a commercial property in Reading?
Its becoming the norm that commercial conveyancing solicitors in Reading will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Reading. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Reading.
For every commercial conveyancing transaction in Reading it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Reading commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Reading.
Despite weeks of looking the Title Certificate and documents to my house are lost. The lawyers who did the conveyancing in Reading 10 years ago are no longer around. What are my next steps?
Gone are the days when you need to hold title official documentation to evidence that you own the land or premises, given that the Land Registry hold details of all registered land or property electronically.
Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in Reading?
At this site get a conveyancing quote via a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Reading. Unlike many estate agents and brokerage sites we do not charge firms a commission if you select them for your property ownership legalities in Reading
I need to instruct a conveyancing lawyer in Reading for my remortgage. Can I check a firm’s complaints history with the legal regulator?
You may read documented Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after Jan 2008. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The SRA may recorded call for training requirements.
One month into a sale of a flat in Reading. Conveyancing is fine but we are being charged a fortune from the managing agents. So far we have issued a cheque for £275 for a leasehold management information and then a further £134.40 for answers to queries raised by the buyers solicitor.
Neither you or your conveyancer will have any sway over the level of the fee for this information however the average costs for the information for Reading leasehold premises is £355. When it comes to Reading conveyancing sales it is usual for the seller to pay for these charges. The landlord or their agents are under no statutory obligation to answer these questions although many will agree to do so - albeit often at exorbitant prices out of proportion to the work involved. Regretfully there is no law that mandates capped charges for administrative tasks. There is no prescriptive time frame by which they are required to provide the information.