conveyLAW
Welcome Pack Tea m Assistance
Tel: 01633 261 767
Fax: 0870 243 8420
Email: [email protected]
CONVEYANCING
LAWYERS
Please complete this document
accurately in order to ensure that
the information we have is
correct. We will not be able to
process your property transaction
until you return this document to
us.
Please do not hesitate to contact our Welcome Pack Team for assistance in completing this documentation.
First Client
Occupation
Please provide the following information, if available;
Driving Licence No
Passport No
Tel No. Mobile
Second Client
(if applicable)
Occupation
Please provide the following information, if available;
Driving Licence No
Passport No
Tel No. Mobile
Do you require a mortgage?
Page 1 | WPP | © Convey Law 09.05.2014
2 - YOUR PURCHASE
conveyLAW
Welcome Pack Tea m Assistance
Tel: 01633 261 767
Fax: 0870 243 8420
Email: [email protected]
CONVEYANCING
LAWYERS
In the event that there are no Estate Agents involved, please provide us with the following information:Sellers name(s)
Telephone Number
Sellers Solicitors
Name and Address
Reference Number
5 - BALANCING PAYMENTS
Balancing Payments
Please note that all Balancing Payments must be paid direct from your bank account. We will require copies of your bank statements in order to evidence
the origin of funds. Please confirm in the space below as to how you have collated the funds required to purchase your property and the balancing sum that
you anticipate paying to us (if applicable).
Anticipated Balancing Payment due upon Completion: £
Please confirm as to how these funds have been collated, i.e. savings, gift from parents, inheritance:-
Please note: We are required to ask this information in accordance with the Money Laundering Regulations 2007.
For security reasons, we prefer to send any money due to you direct to your bank account. Please confirm your nominated account details for us to send funds to you.
Our preference is for joint clients to receive funds into a joint account. The account cannot be in the name of a third party and cannot be an overseas account.
Page 2 | WPP | © Convey Law 09.05.2014
6 - SENDING YOU MONEY
conveyLAW
Welcome Pack Tea m Assistance
Tel: 01633 261 767
Fax: 0870 243 8420
Email: [email protected]
CONVEYANCING
LAWYERS
7 - BUILDINGS INSURANCE
Please provide details of the buildings insurance policy that will be implemented upon request and in any event upon exchange of contracts of your property purchase
transaction:-
If you do not currently have a policy, please tick one of the following options:Details to be provided at a later date
We consent to Source Insurance Underwriters contacting us with 3 competitive quotes
Best contact time
Best telephone number
8 - JOINT OWNERSHIP DECLARATION
Joint owners must complete this section. Sole owners need not complete this section
Joint Tenants:
The property will be held in your joint names. The property will automatically pass by survivorship to the surviving owner on the first death. The property will not form
part of the deceased owner’s Estate regardless of any instructions to the contrary in the deceased owner’s Will.
Tenants in Common:
The property is held in your joint names and each owner holds a proportional share of the property. Upon death of either party their share in the property will pass in
accordance with the intestacy rules or as indicated in their Will. The property will not automatically pass on to the surviving owner.
Should you decide to hold the property as Tenants in Common, it is imperative that you make a Will. Please do not hesitate to contact us with your instructions in this
respect.
Please specify below as to how you intend to hold the property.
Please note that the choice you make in relation to how you wish to hold the property may have serious tax implications and may also affect the validity of any clause
made in your Will. Please note that no advice has been provided by Convey Law in this respect. Should you require additional information in this regard please do not
hesitate to contact us.
We confirm that we wish to hold the property as (please tick the appropriate box)
Joint Tenants
Tenants in Common
(see note below)
(When selecting Tenants in Common, please indicate the proportion that each party will hold)
Client One
%
Client Two
%
e.g. 50/50, 60/40 etc. Please specify
By signing this Declaration you are confirming that you have read and understood our Terms of Engagement and that you require the following services.
Please delete any services that are not required as appropriate.
I/We confirm that the information given in this document is correct to the best of my/our knowledge.
I/We instruct you to carry out the legal services on my/our behalf in accordance with the Terms and Conditions of Instruction I/we have received.
I/We understand that in the event that additional work is required to be undertaken in relation to my/our property transaction, additional fees will be charged in
accordance with the Terms and Conditions of Instruction.
I/We certify that the balance of any monies will be provided from our own funds unless we specifically instruct otherwise.
I/We hereby authorise any third party to provide you with information or documentation required concerning the property on my/our account.
By signing and returning this document I/we authorise you to start work on our behalf immediately thereby waiving the cancellation provisions of the Consumer
Protection (Distance Selling) Regulations 2000.
I/We authorise you to act as our agents for the purpose of filing the necessary form relating to Stamp Duty Land Tax on my/our behalf.
I/We confirm that we consent to you providing information to service providers who may provide us with useful, relevant information and services. Please tick the box if
you do not require these services.
Additional Legal Services
I/We authorise you to attempt to obtain electronic verification of my/our identity at a cost of £20.00 plus VAT per name searched – this is a compulsory requirement.
I/We request that my/our transaction proceeds with the benefit of the No Completion No Fee Product at a cost of £40.00 plus VAT per transaction and I/we request that
this Product is placed on risk immediately.
I/We confirm that we wish to use the online case tracking system at a fee of £10.00 plus VAT per transaction.
I/We acknowledge that the SDLT Return document will be submitted to the Inland Revenue electronically at a cost of £15.00 plus VAT per return.
I/We confirm that I/We require copies of my/our title deeds to be sent to me/us on completion of our property transaction and that I/we require my/our file of papers to be
electronically archived at a cost of £43.00 plus VAT
I/We authorise you to check the authenticity of the Sellers Solicitor and their bank account using our Lawyer Verification system at a cost of £10.00 plus VAT.
Free Legal Fee Competition
I/We confirm that we wish to enter the “Convey Law Foundation Free Legal Fee Competition” and make a £10.00 donation to support the Convey Law Foundation
nominated charities and we consent to the disclosure of sufficient contact information to facilitate a claim for Gift Aid on the donation.
Second Client Signature
First Client Signature
10 - CHECKLIST
1. Completed
Welcome Pack
2. Payment on Account
(if requested)
3. Full copy of Buildings
Insurance Policy
4. Proof of Identity
Documentation
Page 3 | WPP | © Convey Law 09.05.2014
9 - DECLARATION AND AGREEMENT
conveyLAW
Welcome Pack Tea m Assistance
CONVEYANCING
LAWYERS
Tel: 01633 261 767
Fax: 0870 243 8420
Email: [email protected]
10 - ADDITIONAL DOCUMENTATION / INFORMATION
Page 4 | WPP | © Convey Law 09.05.2014
Please use the space below to provide us with any additional information that is relevant to your property transaction (if applicable).