What does my ID and proof of funds have anything to do with my conveyancing in Grange Park? Why is this being asked of me?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lender will also require certain documents to be checked. If you refuse to provide identification documents, your conveyancer can not take you on as a client.
I am buying a new build apartment in Grange Park. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Grange Park
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are architect prepared.
Due to the advice of my in-laws I had a survey completed on a house in Grange Park ahead of retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some lenders tend refuse to issue a loan on this type of property.
It varies from the lender to lender. HSBC has different requirements from Halifax. Should you wish to telephone us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Grange Park. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the will of my grandfather I am disposing of a property in Swansea but live in Grange Park. My solicitor (who is 235 kilometers from mehas requested that I execute a statutory declaration before the transaction finalising. Could you suggest a conveyancing lawyer in Grange Park to witness and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are based in Grange Park
I have just appointed agents to market my 2 bed flat in Grange Park. Conveyancing is yet to be initiated, however I have recently had a half-yearly service charge demand – what should I do?
The sensible thing to do is pay the invoice as normal as all rents and service invoices will be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I inherited a first flat in Grange Park. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
Absolutely. We can put you in touch with a Grange Park conveyancing firm who can help.
An example of a Lease Extension decision for a Grange Park flat is First Floor Flat 109 Lyndhurst Road in May 2010. Following a vesting order by Edmonton County Court on 29th October 2009 the Tribunal decided on a figure of £5,012 for a lease extension. This case related to 1 flat. The number of years remaining on the existing lease(s) was 81.79 years.