What does my ID and proof of funds have anything to do with my conveyancing in Grange Park? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in Grange Park. However these days you can not proceed with any conveyancing transaction if you have not providing proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it needs to be both the paper element and photo card part, one is not satisfactory in the absence of the other.
Evidence of the source of money is necessary in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer must have this information on file. Your Grange Park conveyancing lawyer will require evidence of proof of funds before they are able to accept any money from you into their client account and they will also ask further queries regarding the source of funds.
We are selling our home in Grange Park. Will the solicitor need to be on the Barclays conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Barclays 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.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a straight forward, chain free conveyancing. Grange Park is the location of the property. Is there any guidance you can give?
Flying freeholds in Grange Park are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Grange Park you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Grange Park may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My step-father has suggested that I appoint his conveyancers in Grange Park. Do I take his recommendation?
Much as we are happy to recommend a Grange Park conveyancing lawyer the ideal way to find a conveyancing lawyer is to get recommendations from friends or relatives who have actually previously instructed the solicitor that you are considering.
I have recently realised that I have 72 years remaining on my flat in Grange Park. I am keen to get lease extension but my freeholder is missing. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. You will be obliged to demonstrate that you have made all reasonable attempts to locate the freeholder. On the whole an enquiry agent may be useful to carry out a search and to produce a report which can be accepted by the court as evidence that the landlord can not be located. It is wise to seek advice from a conveyancer in relation to investigating the landlord’s absence and the vesting order request to the County Court overseeing Grange Park.
I am the leaseholder of a first flat in Grange Park. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the premium due for a lease extension?
in cases where there is a absentee freeholder or if there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to assess the price.
An example of a Lease Extension decision for a Grange Park flat is First Floor Flat 109 Lyndhurst Road in May 2010. Following a vesting order by Edmonton County Court on 29th October 2009 the Tribunal decided on a figure of £5,012 for a lease extension. This case related to 1 flat. The unexpired lease term was 81.79 years.
The loan agreement from a mortgage company for the refinancing of my 4 bedroom flat is to be issued within the next few days. Could you recommend a low cost remortgage conveyancing lawyer in Grange Park ?
You are on the wrong site if you are in need of the lowest fares for conveyancing solicitors in Grange Park. Our aim is to provide value for money conveyancing but our intention is not to advertise as being the cheapest. Do not be fooled by companies offering £99 conveyancing in Grange Park.At best, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up being stung for extras and still not receive the service you were looking for.