What does my ID and proof of funds have anything to do with my conveyancing in Isle of Dogs? Is this really warranted?

To satisfy the Money Laundering Regulations any Isle of Dogs conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility bill showing your correct address.

In accordance with Money Laundering Regulations, conveyancers are obliged by law to investigate not just the ID of conveyancing clients but also the source of the money that they receive in respect of any matter. An unwillingness to disclose this will result in your solicitor terminating their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers are duty bound to inform the relevant authorities should they believe that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.

I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Isle of Dogs. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 7/7/2025, the requirements read as follows :

I have been on the look out for a ground for flat up to £245,000 and identified one near me in Isle of Dogs I like with a park and railway links in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Isle of Dogs in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

If you need a home loan the shortness of the lease may be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.

Given that I will soon part with 450k on a house in Isle of Dogs I wish to talk to a solicitor regarding thehouse move prior to appointing the firm. Is this something that you can arrange?

This is something that we recommend - we would be happy to talk to you we do not take any clients on without you liaising with the lawyer who will be doing your conveyancing in Isle of Dogs.There is no ‘factory style conveyancing’ - every client is an important person, not a file reference. The solicitors that we put you in touch with believe that the fees you are provided with for residential conveyancing in Isle of Dogs should be the amount on the final invoice that you are charged.

I am on look out for some leasehold conveyancing in Isle of Dogs. Before I set the wheels in motion I would like to find out the unexpired term of the lease.

If the lease is registered - and almost all are in Isle of Dogs - then the leasehold title will always include the short particulars 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 years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Isle of Dogs. Can we issue an application to the Residential Property Tribunal Service?

in cases where there is a missing freeholder or if there is disagreement about what the lease extension should cost, under the relevant legislation you can apply to the LVT to determine the price payable.

An example of a Freehold Enfranchisement matter before the tribunal for a Isle of Dogs 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 was in relation to 3 flats. The remaining number of years on the lease was 101.61 years.