In what way does my ID and proof of funds have anything to do with my conveyancing in Claverdon? Is this really warranted?
Claverdon conveyancing solicitors as well as nationwide property practitioners accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to produce two forms of certified ID; proof of identity (usually a Passport or Driving Licence) and evidence of address (typically a Utility Bill no more than three months).
Evidence of source of monies is also required under the money laundering statutes as solicitors are mandated to ensure that the monies you are using to buy a property (be it the exchange deposit or the full purchase amount where you are a cash purchaser) has come from legitimate source (such as employment savings) rather than the fruits of criminal activity.
I have 71 years remaining on my lease and require a lease extension for my flat in Claverdon. Conveyancing solicitors on the Virgin panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 10/10/2025 the requirements read as follows :
When it comes to lenders such as UBS, do Claverdon solicitors face a yearly amount to be on the list of approved solicitors?
We are not aware of any mortgage company fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Two weeks ago we had a mortgage agreed in principle with Virgin Money. Claverdon conveyancing practitioners have been appointed. How long does it take for Virgin Money to send the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Virgin Money conducted the survey? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Intending to buy a house in Claverdon. 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 Clydesdale 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 Claverdon conveyancer is on the Clydesdale conveyancing panel.
My step-father has recommend that I instruct his conveyancers in Claverdon. Do I follow his guidance?
There are no two ways about it the ideal way to select a conveyancing solicitor is to get recommendations from friends or relatives who have actually previously instructed the conveyancer that you are are thinking of instructing.
Last May I purchased a leasehold flat in Claverdon. Am I liable to pay 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 be sure 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 acquired a garden flat in Claverdon, conveyancing having been completed 7 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? Similar properties in Claverdon with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £50 levied per year. The lease runs out on 21st October 2102
With only 77 years unexpired the likely cost is going to be between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.
Please set out some of specific advantages to instructing a local solicitor in Claverdon
Home movers in Claverdon opt for a nearby high street lawyer so that they can attend the firm’s offices just in case they have problems, and to sign documents without using the post.
There is a slight edge in using a lawyer local to a house you are hoping to purchase, due to the familiarity of the region and possible local concerns - however this is debatable. The majority of conveyancers carry out their work online and may be any place in the world.