I am hoping to receive a mortgage offer from Lloyds. I intend to instruct a Licensed Conveyancer in Gaydon. Does the Lloyds Solicitor panel exclude Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We are about to exchange contracts for a leasehold flat in Gaydon. We have hit a problem. The mortgage offer with Aldermore runs out on 21/2/2025 but the vendors are putting forward a completion date of 25/2/2025. Can one prolong the mortgage expiry date?
The person best placed to deal with your concern is your lawyer who is in a position to determine if they better off negotiating with the lender, owner’s solicitors, selling agents or indeed all three based on what has gone on in your house move to date.
What does my ID and proof of funds have anything to do with my conveyancing in Gaydon? What am I being asked for?
Gaydon conveyancing solicitors and indeed property practitioners accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to supply two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and proof of address (typically a Bank Statement less than 3 months old).
Confirmation of the origin of monies is also necessary under the money laundering statutes as lawyers are obliged to check that the money you are utilising to purchase a property (be it the exchange deposit or the total purchase price where you are a cash purchaser) has come from legitimate source (such as an inheritance) and is not the proceeds of criminal activity.
I have justbeen informed that Arc property Solicitors have closed. They carried out my conveyancing in Gaydon for a purchase of a freehold house 18 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The quickest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Gaydon conveyancing specialists.
About to purchase a new build apartment in Gaydon. Conveyancing is a frightening process 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 conveyancing.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Gaydon
-
There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan. 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
What advice can you give us when it comes to finding a Gaydon conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a conveyancer for lease extension works (regardless if they are a Gaydon conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We advise that you talk with two or three firms including non Gaydon conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:
-
If the firm is not ALEP accredited then why not? What volume of lease extensions have they conducted in Gaydon in the last 12 months?
Leasehold Conveyancing in Gaydon - Examples of Queries Prior to buying
-
It is important to be aware whether fixing the lift or some other major work is due in the foreseeable future that will be shared amongst the leaseholders and may well dramatically impact the level of the maintenance costs or necessitate a specific payment. Is the freehold owned jointly by the tenants?