We opted for a high street firm for our conveyancing in Sheen Park recently. Upon checking the official terms of business I noteI am responsible for fees even if the dealdoes not go ahead. Should I ditch them and appoint an internet firm advertising no-sale-no-fee conveyancing in Sheen Park?

It is usually ‘give and take’ in that if "No Completion No Fee" is available then the conveyancing charges will generally be higher to neutralise the transactions that abort. Also remember that such schemes rarely cover expenses e.g. Sheen Park conveyancing search charges.

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

Sheen Park conveyancing solicitors and indeed property lawyers throughout the UK have a duty under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to ensure that clients are who they say they are.

Conveyancing clients will need to disclose two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement less than 3 months old).

Proof of source of monies is also required in compliance with the money laundering statutes as conveyancers have a duty to check that the monies you are utilising to buy a property (whether it be the deposit for exchange or the total purchase price where you are buying without a mortgage) has originated from legitimate source (such as an inheritance) rather than the proceeds of illegitimate activity.

I used Wolstenholmes a few years past for my conveyancing in Sheen Park. Now, I need the documents however the law firm is no longer operating. What do I do?

Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Sheen Park of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

If all goes to plan we aim to complete our sale of a £450,000 apartment in Sheen Park next week. The freeholder has quoted £312 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Sheen Park?

Sheen Park conveyancing on leasehold flats usually involves fees being invoiced by freeholders :

Completing pre-exchange questions Where consent is required before sale in Sheen Park Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Sheen Park leasehold property is £350. For Sheen Park conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to provide the information.

I inherited a two-bedroom flat in Sheen Park. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for the purchase of the freehold?

Most definitely. We can put you in touch with a Sheen Park conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a Sheen Park residence is 19 St. Margarets Crescent in August 2010. the tribunal was of the view that the premium to be paid by the leaseholder for the freehold reversion was £51,983.00 This case affected 3 flats. The unexpired term as at the valuation date was 66.25 years.

Is it true that a Sheen Park conveyancing solicitor taken to court by a client for failing to conduct the right conveyancing searches?

Our attention has not be brought to such a Sheen Park conveyancing claim but it has been reported that, clients purchasing a house elsewhere in England successfully sued their lawyer due to development plans to construct a wind farm not being picked up in conveyancing searches.

Where you are purchasing in Sheen Park It is critical that your conveyancing practitioner carry out all Sheen Park conveyancing searches required to ensure you have accurate and up to date information before buying a home in Sheen Park.