In what way does my ID and proof of funds have anything to do with my conveyancing in Gorseinon? Why is this being asked of me?

Gorseinon conveyancing solicitors and indeed property practitioners throughout the UK have a duty under money laundering regulations to verify the identity of any client in order to ensure that clients are who they say they are.

Conveyancing clients are required to disclose two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and evidence of address (usually a Utility Bill less than 3 months old).

Confirmation of the origin of monies is also required under the money laundering statutes as lawyers have a duty to investigate that the monies you are using to purchase a property (whether it be the deposit for exchange or the total purchase amount where you are a cash purchaser) has originated from a reputable source (such as an inheritance) as opposed to the fruits of illegitimate behaviour.

I have todayfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in Gorseinon for a purchase of a freehold house 12 months ago. How can I establish that my home is registered correctly in the name of the previous owner?

The quickest way to check if the premises is registered to you, you can make 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 Gorseinon conveyancing specialists.

Due to the input of my in-laws I had a survey completed on a house in Gorseinon before appointing lawyers. I have been informed that there is a flying freehold element to the house. The surveyor has said that some banks tend not issue a loan on this type of property.

It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Gorseinon. Conveyancing will be smoother if you use a solicitor in Gorseinon especially if they are acquainted with such properties in Gorseinon.

In surfing the world wide web for the term conveyancing in Gorseinon it shows results of many conveyancersin the vicinity. With so much choice what is the best way to find the suitable solicitor for my move?

The best way of finding the right conveyancer is via trusted testimonial, so enquire of colleagues and relatives who have bought a property in Gorseinon or the respected estate agent or mortgage broker. Costs for conveyancing in Gorseinon differ, so it's sensible to secure at least four quotes from different solicitors. Dont forget to clarify that the costs are assured not to to be inflated.

Back In 2002, I bought a leasehold flat in Gorseinon. Conveyancing and mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Gorseinon who previously acted has now retired. Do I pay?

First contact HMLR to make sure that the individual claiming to own the freehold is in fact the new freeholder. There is no need to incur the fees of a Gorseinon conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Gorseinon Leasehold Conveyancing - A selection of Questions you should consider Prior to buying

Be sure to discover if there are any onerous restrictions in the lease. For example some leases prohibit pets being allowed in in a block in Gorseinon. If you love the propertyin Gorseinon however your cat is not allowed to make the move with you then you will be presented with a hard decision. How much is the ground rent and service charge? This information is important as a) areas can cause problems for the building as the communal areas may begin to deteriorate if maintenance are not paid for b) if the tenants have a dispute with the running of the building you will wish to have complete disclosure