My family lawyer has quoted £1200 for no completion no fee conveyancing in Blackwall. I am selling a Edwardian property for £200,000. Are the quoted fees excessive? Is it in excess of the norm for conveyancing in Blackwall?

The charges are a tad high. If you shop around you may be able to reduce the fees marginally by as much as £125. That being said, you mightlive to rue opting for an an untested solicitor. Don't forget to be sure that the firm can also act for your mortgage company. Do use our comparison tool to find a Blackwall conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Blackwall.

In what way does my ID and proof of funds have anything to do with my conveyancing in Blackwall? Is this really warranted?

Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identification documents of the potential client they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign should reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Where you are unwilling to provide ID verification documents, your solicitor will not be able to take you on as a client.

I've recently found out that there is a flying freehold element on a property I have offered on last month in what should have been a quick, no chain conveyancing. Blackwall is where the house is located. Can you offer any guidance?

Flying freeholds in Blackwall are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Blackwall you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Blackwall may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

I've recently bought a leasehold flat in Blackwall. Am I liable to pay service charges relating to a period prior to my ownership?

In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I am the proprietor of a first flat in Blackwall. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the premium payable for the purchase of the freehold?

Where there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the relevant statutes you can apply to the LVT to arrive at the price.

An example of a Freehold Enfranchisement case for a Blackwall flat is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case affected 3 flats. The unexpired term was 101.61 years.

I am purchasing a maisonette and cash is in place. My solicitor has been given with two distinct forms of photographic ID, bank statement, multiple utility bills. Now he needs a copy from a probate lawyer advising that the funds are legitimate and that it has come from inheritance and not selling fake watches.

For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Blackwall conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.