What does my ID and proof of funds have anything to do with my conveyancing in Dorset? Why is this being asked of me?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Dorset. However these days you will not be able to proceed with any conveyancing transaction in the absence handing over proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a council tax bill. Please note that if you are providing your driving licence as proof of identification it needs to be both the paper element as well as the photo card part, one is not acceptable without the other.
Evidence of your source of monies is necessary under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer must have this information on record. Your Dorset conveyancing practitioner will require evidence of proof of funds prior to accepting any funds from you into their client account and they should also ask further queries regarding the origin of monies.
Are the BSA intent on creating a online directory to to identify solicitors on the Coventry BS conveyancing panel for instance in Dorset?
We are not aware of any intention on the part of the BSA to develop such a tool.
I used Stirling Law a few years past for my conveyancing in Dorset. Now, I need the files but cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate 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 Dorset of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
My husband and I are four weeks into a leasehold purchase having been recommend to solicitors by the local agent to handle our conveyancing in Dorset. I am not happy. Could you you assist me in finding new conveyancers?
A lawyer would need to be really poor in order to consider changing them. Has your loan offer been issued? If so you must inform them of the replacement lawyer and ensure the mortgage documents are issued to the new lawyers. The solicitor ideally needs to be on the banks panel to avoid supplemental costs and complications. So that should be your starting point. The find a solicitor tool can assist you in finding a lender approved conveyancer for your conveyancing in Dorset
Looking forward to complete next month on a garden flat in Dorset. Conveyancing solicitors assured me that they will have a report out to me tomorrow. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Dorset should include some of the following:
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Advice as to the provision in the lease to to contribute towards maintenance costs - with regard to both the building, and the wider rights a leaseholder enjoys if lease caters for for a reserve fund for major repairs? Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? What options are open to you if another tenant in the building is in violation of a provision in their lease? 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 purchased a garden flat in Dorset, conveyancing formalities finalised 9 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? Equivalent flats in Dorset with an extended lease are worth £255,000. The ground rent is £45 levied per year. The lease ceases on 21st October 2099
With 73 years unexpired the likely cost is going to range between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered 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 before getting professional advice.
Me and my partner are about to complete on the purchase a property in Dorset but as a result of wreckage from the recent storms I have agreed recompense from the seller of five thousand pounds taking the form of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my lender will not agree to this. Should they have been approached?
The property lawyer listed on a mortgage company approved list is duty bound to inform the lender of any changes to the purchase amount. If you were to refuse your property lawyer to notify the price change to your bank then they would need to refrain from representing you and the bank.