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- Coming Soon: Why you must be registered with the Financial Conduct Authority before you can hold security for expenses under the Party Wall etc. Act 1996.
- Security for Expenses under the Party Wall etc. Act 1996: What? When? How?
- Payments under Section 11(11) of the Party Wall etc. Act 1996
- The Role of the Advising Engineer Under the Party Wall etc. Act 1996. Is there one?
- Kaye v Lawrence revisited: The Party Wall etc. Act 1996 and the revolution of 1894
FAQs
- How do I get a payment out of the Security Sum?
- What is ‘security’ under the Party Wall etc. Act 1996?
- What form does security for expenses take?
- What is “escrow”?
- Can the surveyors hold the money?
- Can security for expenses be provided by an insurance policy?
- For what kind of expenses can security be demanded?
- Who decides how much money must be deposited as security for expenses?
- Do I need separate security accounts for each adjoining property?
- Can Security for Expenses Ltd. hold security under licences for access or alterations?
- Can Security for Expenses Ltd. hold security under building contracts?
- Can Security for Expenses Ltd. hold security for performance bonds?
- Can Security for Expenses Ltd. hold security for payments under a court order?
- Can Security for Expenses Ltd. hold security for rent deposits?
- Why can the fee and Security Sum not be sent from a non-UK bank account?
- Are clients’ funds covered by the Financial Services Compensation Scheme (FSCS)?
- How do I start the process of getting the Security Sum returned?
- How quickly will security be released?
- Who gets the interest on funds held?
- Can a third party or agent deposit the Security Sum?
- What if one of the parties is resident or registered overseas?
- What happens if one of the parties is a trust?
- Do you deal with overseas Trusts and Company Service Providers (TCSPs)?
- What is ‘security for expenses’?
- How is my money kept safe?
- How much money will be held?
- What happens if there is a dispute?
- Why should I trust Security for Expenses Ltd.?
- Why can’t my solicitor hold the money?
- What is KYC due diligence and why do you have to do it?
- How do I get the Security Sum returned now works are complete with no issue?
- Do I have to share documents on the portal?
- How do you keep my data safe?