Just been in touch with my conveyancing solicitor in Clent who completed the legal work two years ago asking for a conveyancing costs illustration based on the same type of house sale & purchase (a leasehold premises and a freehold property) of similar values with a loan from Alliance & Leicester . It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for a cheaper online conveyancer?
The estimate fees seem a bit high. If you are content to spend time scrutinising prices you could trim some of the expense by perhaps £100 plus VAT. That being said, providing that you were content with the conveyancing the firm provided you mightlive to regret choosing an an untested lawyer. If is important to be sure the solicitor can act for Alliance & Leicester . You can make use of our search tool to select a Clent conveyancing firm on the Alliance & Leicester conveyancing panel, which can often include conveyancing solicitors in Clent.
In what way does my ID and proof of funds have anything to do with my conveyancing in Clent? Is this really necessary?
Clent conveyancing solicitors and indeed property practitioners throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and proof of address (typically a Bank Statement no more than three months).
Evidence of the origin of monies is also required in compliance with the money laundering statutes as lawyers are mandated to ensure that the money you are using to buy a property (be it the exchange deposit or the full purchase amount if you are buying without a mortgage) has come from an acceptable source (such as an inheritance) rather than the proceeds of illegitimate behaviour.
My grandmother passed away 10 months ago and as sole heir and executor I was left the house in Clent. The house had a small mortgage left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this possible?
Where you plan to refinance then Bank of Ireland will require that you use a conveyancer on the Bank of Ireland conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Bank of Ireland conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Bank of Ireland mortgage is registered as a charge at the Land Registry.
Despite weeks of looking the Title Certificate and documents to our home are lost. The lawyers who did the conveyancing in Clent 4 years ago are no longer around. Will I be able to sell the house?
As long as the title is registered the details of your ownership will be documented by the Land Registry under a Title Number. It is possible to execute a search at the Land Registry, find your house and obtain up to date copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will also normally retain a certified duplicate of the Registered Lease and again, a copy can be obtained for a small fee.
I need to appoint a conveyancing solicitor for sale conveyancing in Clent. I have discover a web site which looks to be the ideal offering If it is possible to get all the legals completed via phone that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Back In 2007, I bought a leasehold house in Clent. Conveyancing and Barclays Direct mortgage went though with no issue. A letter has just been received from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing solicitor in Clent who previously acted has long since retired. Any advice?
The first thing you should do is contact HMLR to be sure that the individual claiming to own the freehold is indeed the new freeholder. You do not need to instruct a Clent conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Clent - Examples of Queries before buying
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Does the lease have onerous restrictions? How much is the ground rent and service charge? Generally speaking the outlay for major works are not included within maintenance charges, although some managing agents in Clent ask leasehold owners to contribute towards a reserve fund and this is used to offset against larger repairs or maintenance.