What does my ID and proof of funds have anything to do with my conveyancing in Billesdon? Why is this being asked of me?

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

In accordance with Money Laundering Regulations, conveyancers are obliged by law to check not simply the identity of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this may lead to your solicitor 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 notify the appropriate authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.

I require expedited conveyancing in Billesdon as I am faced with pressure to complete inside one month. Fortunately I do not require a mortgage. Can I escape the need for conveyancing searches to save money and time?

If.Given you are are a mortgage free purchaser you are at free not to do searches although no law firm would suggest that you don't. Drawing on years of experience of conveyancing in Billesdon the following are instances of issues that can appear and adversely affect future mortgageability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Road Schemes,...

I am looking for a leasehold apartment up to £305k and found one near me in Billesdon I like with open areas and railway links nearby, the downside is that it only has 51 years on the lease. There is not much else in Billesdon suitable, so just wondered if I would be making a grave error acquiring a short lease?

If you require a home loan the shortness of the lease will likely be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.

Is it possible to transfer to a new conveyancer as I need to find a firm on the Yorkshire Building Society conveyancing list. I instructed a family conveyancing solicitor in Billesdon five minutes from me but the firm is not approved by Yorkshire Building Society

It would be our pleasure to help you find a conveyancing solicitor in Billesdon on the Yorkshire Building Society panel. Please note that the conveyancers that we on the directory do not pay us commission if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Billesdon. In making use of the find a conveyancing solicitor tool on this site, you can compare charges for conveyancing solicitors in Billesdon and beyond.

I see that you have a post code search directory identifying solicitors on the mortgage company conveyancing panel. Do Billesdon conveyancing companies pay you a referral fee if I retain them for my house purchase?

We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Billesdon.