In what way does my ID and proof of funds have anything to do with my conveyancing in Llantrisant? Is this really warranted?

Llantrisant conveyancing solicitors as well as nationwide property practitioners accross the UK have a duty under money laundering regulations to verify the ID of any client in order to ensure that clients are who they say they are.

Conveyancing clients are required to supply two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and proof of address (usually a Utility Bill no older than three months).

Proof of the origin of funds is also required under the money laundering regulations as conveyancers have a duty to check that the funds you are using to acquire a property (whether it be the deposit for exchange or the full purchase price where you are buying without a mortgage) has come from an acceptable source (such as employment savings) and is not the proceeds of criminal behaviour.

It has been 4 months following my purchase conveyancing in Llantrisant completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I'm refinancing my existing home to a BTL loan with Coventry Building Society and I will use the rest of the raised equity as a down payment on another property. The location we are talking about is Llantrisant. Will your lawyers be able to act for both sets of lenders and link together the conveyances?

Do use our search tool on this page to ensure that the conveyancers are approved by both lenders. Assuming that they are your solicitor should be able to tie up the two deals but you should talk with you conveyancer and communicate your desired outcome and requirements.

We're FTB’s - had an offer accepted, yet the agent told us that the vendor will only move forward if we appoint their preferred conveyancers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor who is familiar with conveyancing in Llantrisant

We suspect that the owner is not behind this demand. Should the owner desire ‘a quick sale', alienating a serious buyer is not the way to achieve this. Bypass the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you intend to use your preferred Llantrisant conveyancing solicitors - not the ones that will give the negotiator at the agency a kickback or achieve conveyancing thresholds pre-set by corporate headquarters.

What type of premises does your Llantrisant conveyancing estimates relate to?

Our conveyancing quotes are only applicable to standard domestic property in England & Wales. If you have any different requirements for example industrial or agricultural property or commercial conveyancing in Llantrisant please telephone us to address this further .