From Residential and Commercial Conveyancing and in-depth advice on Stamp Duty Land Tax to expert guidance on Anti-Money Laundering and Sanctions Regulations and our expertise in Foreign Source of Funds, commonly utilised by Non-UK Resident Buyers and Property Developers, we provide comprehensive, tailored support across every facet of property law.
At RSL LAW, our expert property lawyers bring extensive experience in assisting resident and non-UK resident buyers, property developers, and investors navigating these challenges. Whether you’re utilising foreign funds, bridging loans, or private investor finance, we are here to provide seamless support. Let us handle the intricacies of your transaction, so you can focus on what matters most—your business.
– How we have helped our clients
RSL LAW recently assisted a Chinese company in financing a London apartment purchase. Given the overseas source of funds, our team conducted thorough due diligence on both the company and its sole director shareholder.
Key challenges included verifying the intricate corporate structure and ensuring compliance with UK Anti-Money Laundering Regulations. We also navigated regulatory hurdles related to cross-border fund transfers and provided strategic advice on UK property law.
The overseas lender and the client were verified as financially stable, AML compliant, and legally sound, enabling the funds to be transferred and the purchase to be completed without issue. Through meticulous checks and expert coordination, RSL LAW ensured a smooth transaction, reinforcing our expertise in handling foreign funds.
RSL LAW successfully completed the exchange of contracts within a challenging 10-day timeframe after receiving the contract pack from the seller, a well-known property developer. The process was further complicated by a complex Source of Funds (SoF), requiring rigorous UK AML compliance checks. Additionally, as the property was a new build, the developer insisted on receiving a SoF Report before releasing the contract pack. Our team swiftly verified multi-layered sources of funds, expedited Local Authority searches, and proactively managed funds transfer to prevent delays. By streamlining contract signing and maintaining constant coordination with all parties, we ensured a smooth process.
Balancing speed with legal due diligence, RSL LAW met the deadline without compromising compliance, demonstrating our expertise in high-pressure transactions with complex funding structures.
RSL LAW successfully assisted an international client in purchasing a new-build property within a strict 28-day exchange deadline. The process was complicated by the developer’s legal team raising concerns over the client’s complex Source of Funds (SoF).
Our team swiftly conducted an in-depth SoF investigation, drafting a comprehensive compliance report to satisfy UK AML Regulations. Through proactive document preparation, efficient communication, and streamlined processes, we addressed all concerns, secured developer approval, and ensured a seamless contract exchange, protecting the client’s investment.
RSL LAW successfully assisted a client in extending their lease, navigating complex negotiations and legal formalities to secure their property rights.
Our team facilitated valuers, drafted and served the Section 42 Notice, and led strategic negotiations with the landlord-freeholder to secure a fair premium. We ensured seamless completion, compliance with statutory procedures, and proper registration with the Land Registry.
The client achieved a favourable outcome, safeguarding their investment and ensuring long-term property security with confidence.
RSL LAW recently assisted a client in securing a lease option agreement, providing future purchasing flexibility while protecting their interests.
Our team negotiated key terms, including purchase price, option fee, and assignment rights, ensuring a fair and adaptable agreement. We defined financial responsibilities, drafted a precise contract, and registered a restriction at the Land Registry to safeguard the client’s investment.
The result: a well-structured lease option agreement, offering the client security and strategic flexibility for future property acquisition
Our Office:
33 St James’s Square, London, SW1Y 4JS
Email: info@rsl-law.co.uk
Tel: +44(0)207 0605333
