In what way does my ID and proof of funds have anything to do with my conveyancing in Bradford On Avon? Is this really necessary?

To satisfy the Money Laundering Regulations any Bradford On Avon conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility bill evidencing your correct address.

Under Money Laundering Regulations, property lawyers are obliged by law to ascertain not simply the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. Refusal to disclose this may lead to your conveyancer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers are duty bound to inform the relevant authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.

five months have elapsed following my purchase conveyancing in Bradford On Avon concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. 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.

I'm refinancing my existing house to a BTL loan with Chelsea Building Society and intend to use the remaining equity as a down payment on further property. The location we are interested in is Bradford On Avon. Will your lawyers be able to act for both sets of banks and link together the conveyances?

Do use our search tool on this site to ensure that the conveyancers are approved by both lenders. Having checked that they are the conveyancer should be able to tie up the two transactions but you should have a chat with you lawyer and specify your desired outcome and requirements.

I own a leasehold house in Bradford On Avon. Conveyancing and Godiva Mortgages Ltd mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1994. The conveyancing solicitor in Bradford On Avon who acted for me is not around. Any advice?

First make enquiries of HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to incur the fees of a Bradford On Avon conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. 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.

Leasehold Conveyancing in Bradford On Avon - Examples of Queries before Purchasing

Generally speaking the cost for major works are not wrapped into the service charges, albeit that there some managing agents in Bradford On Avon obliged leasehold owners to contribute towards a reserve fund created for the specific intention of establishing a fund for larger works. What is the maintenance charge and ground rent on the property? Is there a share of the freehold?

I purchased a property in Bradford On Avon last 7/9/2023 and to date it is still not registered with the Land Registry. It was part of a new estate and my solicitor told me that it can take 12 months to complete the registration formalities. I have spoken with HM Land Registry directly and they have informed me the initial application was cancelled due to questions not being addressed in time. Should I be concerned?

It is your conveyancer that you must turn to here in order to satisfy any concerns which have been raised as part of the registration process for your Bradford On Avon property. Normal Bradford On Avon conveyancing practice includes an undertaking on the part of the vendor’s lawyer that they will help resolve any question raised by HMLR so it may be a case of taking action to enforce that undertaking if necessary.