What does my ID and proof of funds have anything to do with my conveyancing in Ilkeston? What am I being asked for?

You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Ilkeston. However these days you can not proceed with any conveyancing deal if you have not supplying proof of your identity. This usually takes the form of a either your passport or driving licence as well as a bank statement. Please note that if you are supplying your driving licence as proof of ID it must be both the paper part and photo card part, one is not acceptable in the absence of the other.

Evidence of your origin of money is mandated under Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancing solicitor must have this information on file. Your Ilkeston conveyancing practitioner will require evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask additional queries regarding the source of monies.

Various web forums that I have visited warn that are the number one reason for stalling in Ilkeston conveyancing transactions. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Local searches are unlikely to feature in any slowing down conveyancing in Ilkeston.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a straight forward, chain free conveyancing. Ilkeston is where the house is located. What do you suggest?

Flying freeholds in Ilkeston are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ilkeston you would need to get your solicitor to go 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 Ilkeston 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.

How does the Landlord & Tenant Act 1954 impact my business property in Ilkeston and how can you help?

The particular law that you refer to affords a safeguard to commercial tenants, granting the legal entitlement to apply to court for a renewal tenancy and remain in occupation at the end of an expired lease. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Ilkeston is one of our many locations in which our lawyers are based

I am 18 days into a leasehold purchase having been referred to solicitors by the estate agent to carry out the conveyancing in Ilkeston. I am am starting to be frustrated with the level of service. Can you you assist me in finding new conveyancers?

A solicitor would have to be very bad in order to consider diss instructing them. Has the mortgage been generated? If so you will need to advise them of the new contact details and ensure the mortgage documents are re-sent. The conveyancer needs to be on the mortgage company approved list to avoid added expenses and delays. That should be your starting point. The find a solicitor tool will assist you in finding a bank approved conveyancer for your conveyancing in Ilkeston