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

In order to comply with Money Laundering Regulations any Jesmond conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility bill evidencing where you live.

In accordance with Money Laundering Regulations, conveyancers are duty bound to investigate not just the ID of conveyancing clients but also the origin of monies that they receive in respect of any matter. An unwillingness to disclose this may lead to your conveyancer cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers are duty bound to make a disclosure to the relevant authorities should they consider that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.

Me and my partner are buying a flat in Jesmond. It might be a silly question but how we can trust a solicitor? At some point we will need to put money into their account. What is the protection we have from them run away with our deposit?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

My uncle pointed out to me me that in purchasing a property in Jesmond there could be various restrictions prohibiting external changes to a property. Is this right?

There are a number of properties in Jesmond which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Jesmond should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

I currently have a mortgage with UBS for my property in Jesmond. Conveyancing has been completed 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform UBS?

UBS must be informed of your intention before letting out your property as this is likely to be a breach of UBS’s mortgage conditions. It may be that UBS will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact UBS directly. It should not be necessary to do this via a UBS conveyancing panel firm.

Have purchased a a semi-detached house in Jesmond , What is the estimated time for the Land Registry to register the transfer to my name? My Jesmond conveyancing solicitor works at snail pace, so I want to be certain the post completion formalities are dealt with.

There is nothing unique about conveyancing in Jesmond registration formalities. As opposed to being determined by geographic area, timeframes can adjust subject to who lodges the application, whether it is in order and whether the Land registry must send notices to any interested persons or bodies. As of today roughly three quarters of submission are fully addressed in less than three weeks but some can be subject to extensive hold-ups. Historically registration is effected after the purchaser has moved in to the premises therefore registration formalities is not always an essential issue yet where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.

How does the Landlord & Tenant Act 1954 affect my commercial offices in Jesmond and how can you help?

The particular law that you refer to affords security of tenure to business lessees, giving them the legal entitlement to make a request to court for a renewal lease and continue in occupation at the end of the lease term. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in Jesmond

We're first time buyers - agreed a price, yet the property agent told us that the owners will only proceed if we appoint the agent's recommended lawyers as they want an ‘expedited deal’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Jesmond

We suspect that the seller is not behind this ultimatum. If they desire ‘a quick sale', turning down a motivated buyer is is going to put the whole deal at risk. Speak to the vendors direct and explain that (a)you are genuine buyers (b)you are ready to go, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you intend to use your preferred Jesmond conveyancing solicitors - not the ones that will provide their estate agent a referral fee or achieve conveyancing figures demanded by corporate headquarters.