Absolutely normal. I had to jump through exactly the same hoops when providing bridging finance to my daughter.
Solicitors are 'under the cosh' about financial compliance closing down opportunities for money laundering. The Law Society Gazette is regularly reporting solicitors being fined or in most egregious cases struck off for failures in this area. I don't remember being asked this stuff 20 years ago when we bought this place. I knew the solicitor professionally as we regularly instructed him for dealings with the affairs Court of Protection 'patients'. That was good enough back then.
Heard anecdotal evidence of older people, typically widows who never travelled abroad or drove, struggling to get advice as they can't jump the hoops.
Last edited by: Bromptonaut on Sun 29 Aug 21 at 09:25
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Question for Bromp ? new
Question for Bromp ? new
