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

In order to comply with Money Laundering Regulations any Slough conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility account showing your correct address.

Under Money Laundering Regulations, conveyancers are required to check not just the ID of conveyancing clients but also the source of fund that they receive in respect of any matter. Refusal to disclose this may result in your conveyancer terminating 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 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.

Will commercial conveyancing searches disclose proposed roadworks that may impact a commercial site in Slough?

Many commercial conveyancing solicitors in Slough will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Slough. The search result sets out 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 Slough.

For every commercial conveyancing transaction in Slough it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can cause delays to Slough commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Slough.

Are there restrictive covenants that are commonly identified as part of conveyancing in Slough?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Slough. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How does conveyancing in Slough differ for new build properties?

Most buyers of new build property in Slough approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because house builders in Slough tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Slough or who has acted in the same development.

We are 14 days into a residential purchase having been referred to conveyancers by the estate agent to carry out the conveyancing in Slough. I am not happy. Could you help me find new lawyers?

A lawyer would have to be very bad in order to consider diss instructing them. Has the mortgage offer been generated? If so you need to advise them of the new contact details and ensure the mortgage documents are re-issued. Your solicitor ideally needs to be on the lenders approved list to avoid supplemental costs and complications. That should be your first question of the new conveyancers. The find a solicitor tool should help you find a bank approved lawyer for your conveyancing in Slough