What does my ID and proof of funds have anything to do with my conveyancing in Great Harwood? What am I being asked for?
Great Harwood conveyancing solicitors and indeed property practitioners accross the UK have a duty under money laundering regulations to check the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and evidence of address (usually a Utility Bill less than 3 months old).
Proof of the origin of funds is also required in accordance with the money laundering statutes as conveyancers are obliged to ensure that the monies you are using to acquire a property (whether it be the deposit for exchange or the full purchase monies where you are a cash purchaser) has come from a reputable source (such as an inheritance) rather than the fruits of criminal activity.
I am assisting my step-mother sell her property in Great Harwood. Does the conveyancer arrange an energy assessment or it is for me to see to?
After the demise of Home Packs, EPC’s was left as a mandatory component of moving property. An energy assessment must be commissioned prior to the property being put on the market. This is not a task that lawyers normally arrange. If you are instructing a Great Harwood conveyancing practitioner they might help arrange energy assessments given their relationships with long established local assessors
We had selected conveyancing lawyers locally in Great Harwood on the Nationwide solicitor approved list. They are now charging me a separate charge for the legal aspects of the Nationwide mortgage. Is this a supplemental conveyancing fee specified by Nationwide?
As unfair as it may appear, as long as it’s in their Terms and Conditions or estimate then yes your lawyer is entitled to charge a fee for this. This fee is not set by Nationwide but by your Great Harwood solicitor. Numerous firms on the Nationwide panel will charge ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
The formalities of my purchase has taken place for my property in Great Harwood. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I require expedited conveyancing in Great Harwood as I am under a deadline to sign on the dotted line within 4 weeks. Thankfully I do not need a mortgage. Is it possible to avoid the conveyancing searches to save fees and time?
As you are not obtaining a home loan you have the choice not to do searches although no solicitor would recommend that you don't. Drawing on our experience of conveyancing in Great Harwood the following are examples of issues that can show up and therefore affect market value: Enforcement Actions, Overdue Charges, Outstanding Grants, Railway Schemes,...
Are there restrictive covenants that are commonly identified during conveyancing in Great Harwood?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Great Harwood. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Great Harwood is the location of the property. Is there any guidance you can give?
Flying freeholds in Great Harwood are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Great Harwood you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Great Harwood 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.
In what way does the Landlord & Tenant Act 1954 affect my business premises in Great Harwood and how can you help?
The 1954 Act affords a safeguard to business leaseholders, giving them the legal entitlement to apply to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and assist with commercial conveyancing in Great Harwood