What does my ID and proof of funds have anything to do with my conveyancing in Bodmin? Why is this being asked of me?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Bodmin. Nowadays you will not be able to complete any conveyancing deal if you have not handing over proof of your identity. This usually takes the form of a either your passport or driving licence plus a utility bill. Please note that if you are supplying your driving licence as evidence of ID it needs to be both the paper element as well as the photo card part, one is not sufficient in the absence of the other.
Evidence of your origin of funds is necessary under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancing solicitor will need to have this information on record. Your Bodmin conveyancing lawyer will require evidence of proof of funds prior to accepting any funds from you into their client account and they may also ask further questions concerning the origin of funds.
I used Action Conveyancing a few years ago for my conveyancing in Bodmin. I now require my file however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Bodmin of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a quick, no chain conveyancing. Bodmin is the location of the property. Is there any guidance you can impart?
Flying freeholds in Bodmin are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bodmin you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bodmin may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am downsizing from my property. My past solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Bodmin if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Bodmin. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
I have been sourcing a conveyancing practitioner in Bodmin for my home move. Is it possible to check a solicitor's record with the legal regulator?
Members of the public may search for documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find details Pre 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.
I own a leasehold flat in Bodmin. Conveyancing and TSB mortgage organised. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Bodmin who previously acted has now retired. Any advice?
First make enquiries of the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Bodmin conveyancing lawyer to do this as it can be done on-line for £3. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I purchased a studio flat in Bodmin, conveyancing having been completed 10 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Bodmin with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease runs out on 21st October 2082
With just 56 years left to run the likely cost is going to range between £29,500 and £34,000 plus plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed due diligence. Do not use this information in tribunal or court proceedings. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.