What does my ID and proof of funds have anything to do with my conveyancing in Copse Hill? Why is this being asked of me?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to check the ID of the person or body they are dealing with before they can accept their conveyancing retainer. The Terms of Engagement that you need to sign should confirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Should you refuse to supply ID verification documents, your conveyancer would not be able to act for you.
I am purchasing a property in Copse Hill. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Principality be concerned?
Given that you are obtaining a mortgage with Principality your lawyer must check the formal instructions outlined in Section two of UK Finance Lenders’ Handbook for Principality. The Council of Mortgage Lenders’ Handbook sets out minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Principality where a lease fails to comply with these requirements. The requirements relate to the installation of panels on properties countrywide and is not restricted to Copse Hill.
We were going to get a OIP from RBS this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do RBS recommend any Copse Hill solicitors on the RBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Copse Hill solicitors independently although you'll need to choose one on the RBS conveyancing panel. The solicitor represents both you and RBS through the process.
Our offer on a house in Copse Hill has been accepted, the vendors do nevertheless have a dependent purchase. The vendors have put an offer on somewhere, however it’s not yet agreed to, and are looking at other apartments in the pipeline. I have selected a bricks and mortar conveyancing solicitor in Copse Hill. What do I do now? At what stage do I apply for the mortgage with UBS?
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 in the region of £1k, then valuation, Copse Hill conveyancing search costs, etc). First, you must check that your property lawyer is on the UBS approved list. Regarding the subsequent phase this very much depends on the uniqueness of your transaction, motivation for the property and on the state of the market. In a rising market the majority of purchasers would apply for a home loan with UBS and pay for the valuation and only if it comes back ok would they ask their lawyer to press on with the conveyancing in Copse Hill.
I own a semi-detached Georgian house in Copse Hill. Conveyancing lawyer acted for me and Leeds Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You should read 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Copse Hill and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing practitioner who carried out the work.
In my capacity as executor for the will of my aunt I am disposing of a residence in Newport but live in Copse Hill. My lawyer (based 235 miles awayneeds me to execute a stat dec before the transaction finalising. Can you recommend a conveyancing lawyer in Copse Hill to witness and place their company stamp on the document?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are based in Copse Hill
Planning to sign contracts shortly on a leasehold property in Copse Hill. Conveyancing lawyers assured me that they will have a report out to me within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Copse Hill should include some of the following:
-
Repair and maintenance of the premises What options are open to you if another leaseholder in the building breaches a clause of their lease? Defining your legal entitlements in relation to the communal areas in the building.For instance, does the lease include a right of way over an accessway or staircase? The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided.
I am the registered owner of a a ground floor purpose built flat in Copse Hill. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the sum due for a lease extension?
Most definitely. We are happy to put you in touch with a Copse Hill conveyancing firm who can help.
An example of a Lease Extension case for a Copse Hill premises is 83 Balvernie Grove in February 2012. The Tribunal assessed the price to be paid by the leaseholder to the freeholder for the lease extension pursuant to section 48 of the Leasehold Reform Housing & Urban Development Act 1993 should be£16,603.00 This case related to 1 flat. The unexpired residue of the current lease was 69.32 years.
Estate agents have just been given the go-ahead to market my ground floor flat in Copse Hill.Conveyancing lawyers have not yet been instructed but I have recently had a half-yearly maintenance charge demand – what should I do?
The sensible thing to do is clear the invoice as normal because all ground rent and service charges will be allottedas part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially