What does my ID and proof of funds have anything to do with my conveyancing in Greenwich? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Greenwich conveyancing firm will require evidence of your identity in all conveyancing matters. This is usually satisfied by provision of a passport and an original bank statement or utility account evidencing your correct address.
Under Money Laundering Regulations, conveyancing solicitors are duty bound to check not simply the ID of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this will lead to your conveyancer terminating their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to notify the appropriate authorities should they consider that any amounts received by them may contravene the Money Laundering Regulations.
Are the BSA intent on creating a search tool with a view to to identify practices on the Loughborough BS conveyancing panel for example in Greenwich?
Lexsure has not been advised of any plans on the part of the BSA to develop such a register.
I can see plenty of here about conveyancing in Greenwich but can you isolate your top tip for choosing the right conveyancer in Greenwich
We would encourage you not to go for the cheapest Greenwich conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
What is the difference between a licensed conveyancer and conveyancing solicitor in Greenwich
There are many recorded licenced Conveyancers in Greenwich and Solicitor firms in Greenwich who provide Conveyancing services It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal work in transferring property. The two can handle associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
UBS have agreed my home loan in principle, my bid on a flat in Greenwich has been agreed to, now what?
Your estate agent will wish to know who your solicitors are (be sure the property lawyers are on the bank’s panel). Contact UBS or your broker and complete any outstanding documentation. UBS will sellect a valuer who will get in touch with the estate agent or seller to schedule a time for the valuation to happen. Once carried out (assuming no problems) it takes approximately a week to get a mortgage offer. UBS will send the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Greenwich.
I have todaybeen informed that Stirling Law have been shut down. They conducted my conveyancing in Greenwich for a purchase of a freehold house 9 months ago. How can I establish that my home is not still registered in the name of the previous owner?
The easiest method to see if the premises is registered to you, you can make 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 Greenwich conveyancing specialists.
I am looking for a ground for flat up to £235,500 and found one close by in Greenwich I like with amenity areas and station in the vicinity, however it's only got 51 remaining years left on the lease. There is not much else in Greenwich suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term will likely be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
My business partner and I are planning to take an assignment of a lease of a shop on the high street. Can you recommend lawyers offering no-sale-no fees for non-domestic conveyancing in Greenwich for less than 1500k?
We can recommend firms who have specialist knowledge of commercial conveyancing in Greenwich, including the disposal and purchase of businesses as well as simply premises. If you are intending to purchase or sell a shop, pub, restaurant, office, retail unit or a whole business we will find you the right solicitor. As for the charges these will vary based on the structure and heads of terms of the deal. Please provide us with your details or call so as to enable us to supply you with a fixed commercial conveyancing calculation.