What documents do solicitors need?

What ID is required for solicitors?

Your solicitor will need proof of your identity and your address. In most cases you can prove your identity by providing your current passport or photographic driving licence. To prove your address, you will need to provide a recent (ie not more than three months old) utility bill, bank statement or council tax bill.

What documents do solicitors need when selling a house?

ESSENTIAL

  • Proof of Identity. Your solicitor will need to see a photo ID such as your passport or driving licence and also a proof of address, such as a recent bank statement or utility bill. …
  • Property Title Deeds. These are paper documents showing the chain of ownership for the land and property you wish to sell. …
  • An EPC.

Do solicitors ask for bank statements?

Solicitors will also require bank statements showing the funds in the account of the person giving the gift and then bank statements showing the funds being received into the clients account.

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Why do solicitors need 6 months bank statements?

Savings are usually made up of regular small payments from your salary or other income. As proof of savings, we require a minimum of 6 months’ bank statements, showing the incoming salary. Often, savings are moved into a separate bank account, to the one that the salary is paid into.

Do solicitors need proof of ID?

The law requires solicitors as well as banks, building societies and mortgage brokers, to obtain satisfactory evidence of the identity of their clients to meet with Money Laundering Regulations. … The key concern for the solicitor is to know who their client is and where their money has come from.

What is legal proof of identity?

Unexpired US Passport or Passport Card. US Birth Certificate or Birth Certification Card filed with a state office of vital statistics. Consular Report of Birth Abroad (CRBA) issued by the US Department of State. Unexpired Permanent Resident Card. Certificate of Naturalization.

What documents do I need to keep after selling my house?

until you sell your home. Closing documents: Retain a copy of any document signed during your home’s closing as a backup. This may include the purchase agreement, addendums, disclosures and repair requests, escrow information, inspection reports, and a closing statement.

Do you need original deeds to sell a house?

So, do you need the deeds to sell a house? It’s possible to sell or remortgage a house without the deeds, but you must prove you own the property to do so. … If deeds have been lost or destroyed, the first port of call is to check whether the property is registered with the Land Registry.

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Do you need gas and electrical certificate to sell my house?

When selling a house, there is no legal obligation to provide a buyer with any electrical safety certificate. … When selling a house the potential buyer may want to perform a safety test on both gas and electricity for their own assurance.

What is acceptable proof of funds?

A bank statement, security statement, or custody statement usually qualify as proof of funds. … Basic information, such as the bank name and address, bank statement, total balance amounts, a bank personnel’s signature, is required on the proof of funds document.

Do solicitors ask for proof of deposit?

Who else requires proof of funds? Your mortgage lender, solicitor/conveyancer will also ask for proof of where your money has come from. Do not be put off if you get asked for proof more than once—it is a legal requirement for everyone to check where your money has come from.

What is proof of source of funds?

Proof of Sources of Funds or PoSoF is one or several documents providing information on the origin of funds that are being used in a particular transaction. Any submitted PoSoF documents have to cover all withdrawals, previous as well as the most recent ones, and deposits made via the funding method in question.

Do I have to prove where my deposit came from?

The proof you will be required to supply of the source of your mortgage deposit will depend entirely on where the funds came from. For example, where personal savings are being used, most lenders will ask you to provide 6+ months of bank account statements which demonstrate the funds gradually building up over time.

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How do you prove proof of deposit?

Evidence of the source of your mortgage deposit comes in various forms, from a review of bank/savings account statements, signed contractual agreements, and particular forms of certification, to name a few.

How can I prove I am not laundering money?

The government must prove that the source of the money was illegal activity. If they cannot prove that the source of the money was illegal activity, or if the source of the money cannot be traced at all, the prosecution will likely be unable to prove beyond a reasonable doubt that the money was laundered.