What does my ID and proof of funds have anything to do with my conveyancing in Knaresborough? What am I being asked for?

To satisfy the Money Laundering Regulations any Knaresborough 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 bill showing where you live.

In accordance with Money Laundering Regulations, property lawyers are obliged by law to validate not simply the identity of conveyancing clients but also the origin of the money that they receive in respect of any matter. Refusal to disclose this may result in your lawyer cancelling their relationship 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 inform the appropriate authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.

Is it necessary to take out insurance to address the risk of chancel repairs when purchasing a residence in Knaresborough?

Unless a prior purchase of the property completed post 12 October 2013 you can expect solicitors carrying out conveyancing in Knaresborough to remain recommending a chancel search and or chancel repair liability policy.

I am buying a new build apartment in Knaresborough. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Knaresborough

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a quick, no chain conveyancing. Knaresborough is where the house is located. Can you shed any light on this issue?

Flying freeholds in Knaresborough are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Knaresborough you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Knaresborough may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

I need to retain a conveyancing solicitor for remortgage conveyancing in Knaresborough. I've discover a web site which seems to have the perfect solution If it is possible to get all the legals done via web that would be preferable. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?