In what way does my ID and proof of funds have anything to do with my conveyancing in Murton? What am I being asked for?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Murton. Nowadays you will not be able to proceed with any conveyancing transaction in the absence handing over proof of your identity. This usually takes the form of a either your passport or driving licence and a council tax bill. Please note that if you are supplying your driving licence as proof of ID it needs to be both the paper element and photo card part, one is not sufficient without the other.
Proof of your source of funds is mandated under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancing solicitor must have this information on record. Your Murton conveyancing practitioner will require evidence of proof of funds prior to accepting any monies from you into their client account and they will also ask additional questions concerning the source of funds.
We are purchasing a property and the lawyer has identified Chancel Repair to which the house may be obligated to contribute to given it’s proximity to the area of such a church.He has suggested insurance. Is this strictly required for conveyancing in Murton
Unless a prior acquisition of the premises took place after 12 October 2013 you can assume that lawyers handling conveyancing in Murton to continue to advocate a chancel search and or chancel repair liability policy.
In what way does the Landlord & Tenant Act 1954 impact my business offices in Murton and how can you help?
The 1954 Act gives a safeguard to commercial leaseholders, granting the legal entitlement to apply to court for a renewal tenancy and continue in occupation at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Murton is one of our many areas of the UK in which our lawyers are located