In what way does my ID and proof of funds have anything to do with my conveyancing in South Cave? What am I being asked for?

Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the identity of the potential client they are dealing with before they can accept their conveyancing business. The Terms of Engagement that you need to sign should confirm this. Your lender will also require certain documents to be viewed. If you are unwilling to provide ID verification documents, your conveyancer would not be able to act for you.

Should commercial conveyancing searches reveal impending roadworks that may affect a commercial estate in South Cave?

Its becoming the norm that commercial conveyancing solicitors in South Cave will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in South Cave. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in South Cave.

For every commercial conveyancing transaction in South Cave it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to South Cave commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in South Cave.

It has been 4 months following my purchase conveyancing in South Cave concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

How easy is it to switch conveyancer as I need to retain one who is on the conveyancing panel. I instructed a high street conveyancing solicitor in South Cave five minutes from me but she is not accepted by

We will our best to assist in finding you a conveyancing solicitor in South Cave on the panel. Please note that the solicitors that we list do not pay us a referral fee if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in South Cave. In making use of the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in South Cave.

Back In 2009, I bought a leasehold house in South Cave. Conveyancing and mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in South Cave who previously acted has now retired. Do I pay?

First contact the Land Registry to make sure that the individual claiming to own the freehold is indeed the new freeholder. It is not necessary to incur the fees of a South Cave conveyancing solicitor to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I own a basement flat in South Cave, conveyancing was carried out 3 years ago. How much will my lease extension cost? Comparable flats in South Cave with over 90 years remaining are worth £165,000. The ground rent is £45 per annum. The lease finishes on 21st October 50

You have 50 years left to run we estimate the premium for your lease extension to span between £36,100 and £41,800 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.