Do the conveyancing practitioners highlighted through your search app handle right to buy conveyancing in Benfleet?
We do have plenty of conveyancing specialists who can handle right to buy conveyancing work You should contact the lawyers listed to get a costs illustration.
In what way does my ID and proof of funds have anything to do with my conveyancing in Benfleet? Is this really necessary?
In order to comply with Money Laundering Regulations any Benfleet conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account showing your correct address.
In accordance with Money Laundering Regulations, conveyancers are duty bound to ascertain not simply the identity of conveyancing clients but also the origin of monies that they receive in respect of any matter. An unwillingness to disclose this will result in your lawyer ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to make a disclosure to the appropriate authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
Does a directory service exist listing Barclays panel solicitors in Benfleet on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association sites. A small selection of lenders make their panel listings available on the web. Where you are seeking to appoint a Benfleet property lawyer on the Barclays please use our tool.
I had a mortgage agreed in principle with Bank of Ireland. Benfleet conveyancing lawyers are selected. What is the average time that one could expect to receive a mortgage offer from Bank of Ireland?
There is no definitive answer here. Have Bank of Ireland completed the valuation? Have you informed Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
My offer on a detached house in Benfleet has been accepted, the owners do however have a dependent purchase. The vendors have offered on somewhere, however it’s not yet agreed to, and have viewings of other flats in the pipeline. I have chosen a nearby conveyancing solicitor in Benfleet. What should be my next step? When do I get the mortgage application with Aldermore started?
It is understandable to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx one thousand pounds, then valuation, Benfleet conveyancing search charges, etc). First, you must ensure that your solicitor is on the Aldermore approved list. Concerning the next phase this very much depends on the circumstances of your case, motivation for the property and on the state of the market. In a rising market many buyers would apply for the mortgage with Aldermore and pay for the valuation and only if it was satisfactory would they request their conveyancing practitioner to press on with searches.
I own a semi-detached Edwardian house in Benfleet. Conveyancing solicitor represented me and Aldermore. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Benfleet and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with your conveyancing practitioner who conducted the work.
I am buying a new build flat in Benfleet. Conveyancing is necessary evil 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 can expect your new-build leasehold conveyancing in Benfleet
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Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Last May I purchased a leasehold house in Benfleet. Do I have any liability for service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I am the registered owner of a ground floor flat in Benfleet, conveyancing was carried out 5 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Benfleet with over 90 years remaining are worth £211,000. The ground rent is £45 yearly. The lease runs out on 21st October 2092
With only 67 years unexpired the likely cost is going to be between £10,500 and £12,000 as well as legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.