Can the conveyancing practitioners listed on your site execute auction conveyancing in Countesthorpe?
There are a few niche practitioners we can put you in touch with those who can conduct auction conveyancing. Countesthorpe is one of hundreds of locations where our lawyers have offices.
In what way does my ID and proof of funds have anything to do with my conveyancing in Countesthorpe? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Countesthorpe. However these days you can not proceed with any conveyancing process without first submitting evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a bank statement. Please note that if you are providing your driving licence as evidence of ID it needs to be both the paper part and photo card part, one is not sufficient without the other.
Proof of your source of money is required under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer must retain this information on record. Your Countesthorpe conveyancing practitioner will require evidence of proof of funds before they are able to accept any funds from you into their client account and they may also ask further queries regarding the source of funds.
My apartment in Countesthorpe is up for sale and I have accepted an offer. Does my conveyancing practitioner need to be required to be on the Nottingham conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Nottingham conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
Just had an offer accepted on a new build apartment in Countesthorpe. Conveyancing is daunting 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 legal work.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Countesthorpe
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There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. 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? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I am thinking of appointing a conveyancing practitioner in Countesthorpe for my house move. Is there any facility to review a solicitor's record with the profession’s regulator?
You may see presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The regulator may recorded telephone calls for training requirements.
I've recently bought a leasehold house in Countesthorpe. Am I liable to pay service charges for periods before completion of my purchase?
Where the service charge has already been demanded from the previous lessee 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 acquired a split level flat in Countesthorpe, conveyancing having been completed in 2005. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Countesthorpe with over 90 years remaining are worth £265,000. The ground rent is £50 invoiced annually. The lease terminates on 21st October 2102
You have 76 years left to run we estimate the premium for your lease extension to range between £8,600 and £9,800 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.