In what way does my ID and proof of funds have anything to do with my conveyancing in Gunnersbury? Why is this being asked of me?

In order to comply with Money Laundering Regulations any Gunnersbury conveyancing firm will require evidence of your identity in all conveyancing matters. This is usually dealt with by provision of a passport and an original bank statement or utility account showing where you reside.

Under Money Laundering Regulations, property lawyers are required to check not simply the identity 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 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 notify the relevant authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.

I purchased a 4 bedroom Victorian property in Gunnersbury. Conveyancing practitioner acted for me and Coventry Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the matching property. Is it worth asking Coventry Building Society to clarify?

You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Gunnersbury and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing solicitor who carried out the work.

I opted to have a survey carried out on a property in Gunnersbury prior to instructing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies tend refuse to give a loan on a flying freehold premises.

It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. If you contact us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Gunnersbury. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Gunnersbury to see if the conveyancing will be more expensive.

What does commercial conveyancing in Gunnersbury cover?

Commercial conveyancing in Gunnersbury covers a wide array of services, provided by regulated solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

My conveyancing in Gunnersbury is set to complete next Friday, but the vendors I am purchasing from wishes to move out 24 hours later at noon. Do I agree to this?

If you are having a bank loan then your solicitor will insist that you have vacant possession on Friday - the lending institution will demand it.