In what way does my ID and proof of funds have anything to do with my conveyancing in Grahame Park? Why is this being asked of me?
You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Grahame Park. Nowadays you will not be able to complete any conveyancing transaction without first providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence and a council tax bill. Please note that if you are supplying your driving licence as proof of identification it must be both the paper element as well as the photo card part, one is not acceptable in the absence of the other.
Proof of your source of funds is required in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your lawyer must retain this information on record. Your Grahame Park conveyancing practitioner will require evidence of proof of funds prior to accepting any funds from you into their client account and they will also ask further queries concerning the source of funds.
My husband and I have arranged the release of further monies on our home loan from HSBC as we want to conduct alterations to our home in Grahame Park. Are we obliged to appoint a local Grahame Park solicitor on the HSBC conveyancing panel to deal with the paperwork?
HSBC don't usually require a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC list.
My fiancee and I are spending time viewing houses in Grahame Park and I am about to put in an offer. Is it sensible to have a solicitor on ‘stand by’? I am planning to take a home loan with Lloyds.
It would be sensible to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. Given that you are getting a mortgage with Lloyds, ask your prospective lawyers if they are on the Lloyds conveyancing panel otherwise they can't do the mortgage legal work.
I can not fathom if my lender requires a lease extension. I have telephoned my Grahame Park building society branch on numerous occasions and was told they are content with the situation and they will lend. My Grahame Park conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend based on their published requirements. I simply don't know who is right.
Provided that the solicitor is on the bank panel, she or he must comply with the Council of Mortgage Lenders’ Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Grahame Park is the location of the property. Can you offer any guidance?
Flying freeholds in Grahame Park are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Grahame Park you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Grahame Park may ascertain 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 property.
My company is intending to lease a unit on the high street. Can you recommend conveyancers offering competitive charges for non-domestic conveyancing in Grahame Park for under 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Grahame Park, including the sale and acquisition of businesses as well as simply premises. Whether you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. As for the costs these will vary based on the structure and nuances of the deal. Let us have your details or call so as to enable us to supply you with a detailed commercial conveyancing quote.
Having had my offer accepted I require leasehold conveyancing in Grahame Park. Before I set the wheels in motion I would like to find out the remaining lease term.
Assuming the lease is registered - and almost all are in Grahame Park - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Having spent months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Grahame Park. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to assess the amount due.
An example of a Freehold Enfranchisement case for a Grahame Park residence is 1 & 1A Sunningfields Crescent in September 2013. The Tribunals calculation of the amount to be paid into court in respect of the value of the freehold interest is £11,997 in respect of Flat 1 and £15,781 in respect of Flat 1A for a total of £27,778. This case was in relation to 2 flats. The unexpired term was 71.5 years.