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

To satisfy the Money Laundering Regulations any Rossendale conveyancing firm will require proof of identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility account evidencing where you live.

In accordance with Money Laundering Regulations, conveyancing solicitors are obliged by law to check not just the identity of conveyancing clients but also the source of monies that they receive in respect of any matter. An unwillingness to disclose this will lead to your conveyancer ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your property lawyers are duty bound to notify the relevant authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.

I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Rossendale. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 24/1/2025, the requirements read as follows :

I own a semi-detached Victorian property in Rossendale. Conveyancing lawyer represented me and Leeds Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold under the exact same address. Is it worth asking Leeds Building Society to clarify?

You need to review 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 Rossendale and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing lawyer who completed the work.

How simple is it to use the search app to get a fee calculation from a conveyancing solicitor in Rossendale on the authorised to act for my bank?

Step one is to select a mortgage company such as Nationwide Building Society, Norwich and Peterborough Building Society or Barclays Direct then choose your preferred area for instance Rossendale. Conveyancing practices in Rossendale and nationally will then be shown.

I’m about to sell my 2 bed apartment in Rossendale. Conveyancing lawyers have not yet been instructed, however I have recently received a yearly maintenance charge invoice – what should I do?

Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as usual because all rents and service invoices will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

Rossendale Conveyancing for Leasehold Flats - A selection of Queries before buying

It would be wise to discover if there are any onerous prohibitions in the lease. For example plenty of leases prohibit pets being permitted in in a block in Rossendale. If you love the apartmentin Rossendale but your cat is not allowed to move with you then you will be faced difficult decision. In the main the outlay for major works are not included within service charges, albeit that a few managing agents in Rossendale obliged leaseholders to contribute towards a sinking fund and this is used to offset against larger works. Does the lease contain onerous restrictions?