In what way does my ID and proof of funds have anything to do with my conveyancing in Thorne? Is this really warranted?

It is indeed that case that these requests have nothing to do with conveyancing in Thorne. However these days you will not be able to proceed with any conveyancing deal in the absence supplying evidence 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 identification it needs to be both the paper section and photo card part, one is not satisfactory without the other.

Evidence of the source of money is necessary in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer will need to retain this information on record. Your Thorne conveyancing practitioner will need to see evidence of proof of funds prior to accepting any funds from you into their client account and they will also ask further queries regarding the origin of funds.

We have agreed to purchase a house in Thorne. One unusual aspect is that the roof has a solar panel. Clydesdale have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

As you are obtaining a mortgage with Clydesdale your lawyer must follow the formal instructions outlined in Section 2 of UK Finance Lenders’ Handbook for Clydesdale. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Clydesdale where a lease fails to meet these conditions. The provisions relate to the installation of panels on properties nationwide and is not restricted to Thorne.

We expect to receive a OIP from Santander this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Santander recommend any Thorne solicitors on the Santander conveyancing panel, or is it better to go independently?

You will need to appoint Thorne solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.

About to purchase maisonette in Thorne. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Skipton conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Thorne conveyancer is on the Skipton conveyancing panel.

I opted to have a survey done on a house in Thorne before retaining lawyers. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some banks may not give a loan on a flying freehold premises.

It depends who your proposed lender is. HSBC has different instructions from Halifax. Should you wish to telephone us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Thorne. Conveyancing will be smoother if you use a solicitor in Thorne especially if they are acquainted with such properties in Thorne.

My company is planning to take an assignment of a lease of an office on the high street. Can you recommend conveyancers offering no-move-no charges for commercial conveyancing in Thorne for below £1,200?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Thorne, including the sale and purchase of businesses as well as simply property. If you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right firm. As for the charges these will vary based on the structure and heads of terms of the deal. Let us have your details or email so as to enable us to furnish you with a detailed commercial conveyancing calculation.

I work for a reputable estate agent office in Thorne where we see a few leasehold sales put at risk due to short leases. I have received inconsistent advice from local Thorne conveyancing solicitors. Can you confirm whether the seller of a flat can instigate the lease extension process for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Leasehold Conveyancing in Thorne - Examples of Queries Prior to Purchasing

Is the freehold reversion owned jointly by the leaseholders? Be sure to investigate if the the lease contains any unreasonable restrictions in the lease. For instance it is reasonably common in Thorne leases that pets are not permitted in in a block in Thorne. If you like the apartmentin Thorne yet your dog can’t move with you then you will be faced difficult determination. Who are the managing agents?