We seem to go through this quite often, we have clients from China…Hong Kong…Saudia Arabia who want to buy property yet they do not have a bank account established or a relationship with a solicitor. They will need to go through AML. We just sold a Professional HMO to a couple from Hong Kong. In order to expedite the sale we suggested the following to them…as well as suggest for you. Get notarized copies by their attorney/ solicitor in their home country the following ahead of time.
1 . Bank account and letter of introduction from their home bank stating date of opening account.
2. Open up the UK property account with a branch of their home country bank…ie HSBC or Bank of China
3. Get a letter from their accountant stating the years of engagement
4. Notarized passports
5. Notarized utility bills
I am not a solicitor…however my wife did this in order to open up our bank account in the UK and was rather expedient…
Any questions…please let me know..
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