In what way does my ID and proof of funds have anything to do with my conveyancing in Carmarthen? Why is this being asked of me?
In order to comply with Money Laundering Regulations any Carmarthen conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility account showing where you reside.
Under Money Laundering Regulations, property lawyers are duty bound to validate 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 result in your solicitor ending their relationship 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 amounts received by them may contravene the Money Laundering Regulations.
My partner and I are planning on selling our home in Carmarthen and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any high street Carmarthen lawyer would know this is not the case. For the life of me I don't know why the purchasers instructed an online conveyancing firm rather than a conveyancing solicitor in Carmarthen. Having lived in Carmarthen for 5 years we know that this is a non issue. Do we contact our local Authority to get clarification that there is no issue.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I have recentlybecome aware that Stirling Law have been shut down. They carried out my conveyancing in Carmarthen for a purchase of a leasehold flat 12 months ago. How can I check that the property is not still registered in the name of the previous owner?
The quickest method 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 Carmarthen conveyancing specialists.
Just had an offer accepted on a new build flat in Carmarthen. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Carmarthen
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I'm refinancing my current home to a BTL loan with Lloyds TSB Bank and intend to use the remaining equity towards a second house. The location we are interested in is Carmarthen. Will your solicitors be able to act for both sets of banks and link together the two deals?
Do use our search tool on this page to ensure that the conveyancers are on the appropriate lender panels. On the basis that they are the solicitor will be able to tie up the two transactions but you should have a chat with you solicitor and make clear your expectations and requirements.
How easy is it to change a solicitor as I need to find a Carmarthen based one who is on the mortgage company conveyancing panel. Is it practical to instruct different lawyers?
In the event that you have not formally instructed a conveyancer to start work and at this stage simply received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Carmarthen that you're thinking of instructing.