In what way does my ID and proof of funds have anything to do with my conveyancing in Willingham? What am I being asked for?
In order to comply with Money Laundering Regulations any Willingham conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually satisfied by provision of a passport and an original bank statement or utility bill evidencing where you live.
Under Money Laundering Regulations, property lawyers are duty bound to investigate not just the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this will result in your lawyer ending 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 make a disclosure to the appropriate authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.
Our bank has recommended a law firm on their panel based in Willingham but I would rather choose a conveyancing lawyer in Willingham local to me. Can you assist?
The minority of Willingham conveyancing practices are approved and listed on all lender’s conveyancing panel. Use our search tool to choose a Willingham conveyancing firm on the on the bank panel.
Should commercial conveyancing searches reveal planned roadworks that may affect a commercial estate in Willingham?
Many commercial conveyancing solicitors in Willingham will execute a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Willingham. The search result provides definitive information 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 Willingham.
For each commercial conveyancing transaction in Willingham it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Willingham commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Willingham.
I have todaybecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Willingham for a purchase of a leasehold apartment 12 months ago. How can I be sure that my home is not still registered in the name of the previous owner?
The quickest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Willingham conveyancing specialists.
Due to the advice of my in-laws I had a survey completed on a house in Willingham prior to retaining solicitors. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some banks tend refuse to issue a mortgage on such a property.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. Should you wish to call us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Willingham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Willingham to see if the conveyancing will be more expensive.