I am expecting a mortgage with Nat West. I hope to retain the legal services of a Licensed Conveyancer in Bargoed. Does the Nat West Conveyancing panel include conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
What does my ID and proof of funds have anything to do with my conveyancing in Bargoed? Is this really necessary?
Bargoed 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 provide two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and evidence of address (usually a Bank Statement no more than three months).
Proof of the origin of monies is also necessary under the money laundering regulations as solicitors are required to check that the money you are using to acquire a property (be it the exchange deposit or the total purchase monies where you are buying without a mortgage) has originated from a reputable source (such as an inheritance) rather than the proceeds of illegitimate activity.
I have Fifty Six years remaining on my lease and need a lease extension for my flat in Bargoed. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 12/12/2024 the requirements read as follows :
Just had an offer accepted on a new build flat in Bargoed. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Bargoed
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The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply a car parking plan. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
In what way does the Landlord & Tenant Act 1954 impact my business premises in Bargoed and how can your lawyers assist?
The 1954 Act provides protection to commercial tenants, granting the dueness to make a request to court for a continuation of occupancy at the end of an expired lease. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in Bargoed
I am using a search engine for the phrase conveyancing in Bargoed it shows results of numerous property lawyersin the area. How do I determine which is the right solicitor for the sale of my house?
The best method of choosing the right conveyancer is via trusted referral, so seek the opinion of colleagues and family who have bought a property in Bargoed or a reputable estate agent or financial adviser. Charges for conveyancing in Bargoed vary, so it's a good idea to request a minimum of four quotes from varying types of solicitors. Dont forget to clarify what costs in the quote includes.