In what way does my ID and proof of funds have anything to do with my conveyancing in Grove? Is this really necessary?
You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Grove. However these days you can not proceed with any conveyancing deal in the absence submitting evidence of your identity. This usually takes the form of a either your passport or driving licence plus a council tax bill. Please note that if you are providing your driving licence as proof of ID it needs to be both the paper element as well as the photo card part, one is not sufficient in the absence of the other.
Evidence of your origin of money is mandated in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your lawyer will need to retain this information on record. Your Grove conveyancing practitioner will require evidence of proof of funds prior to accepting any funds from you into their client account and they may also ask further questions concerning the origin of funds.
I have been recommended a conveyancing solicitor in Grove. I I would like to check if they are on the TSB conveyancing panel. Can you advise?
You should e-mail your lawyer and ask them if they are on the lender panel. Alternatively you can get in touch with TSB who may be able to assist.
I have recentlybeen informed that Wolstenholmes have been shut down. They conducted my conveyancing in Grove for a purchase of a leasehold apartment 10 months ago. How can I check that the property is registered correctly in the name of the former proprietor?
The easiest way to see if the premises 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 Grove conveyancing specialists.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Grove is the location of the property. Is there any guidance you can give?
Flying freeholds in Grove are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Grove you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Grove 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 residence.
We're novice buyers - agreed a price, but the estate agent informed us that the vendor will only move forward if we instruct the agent's chosen solicitors as they need an ‘expedited deal’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Grove
It is unlikely the sellers are driving this. Should the seller require ‘a quick sale', alienating a motivated purchaser is counter productive. Speak to the vendors direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)however you intend to appoint your own,trusted Grove conveyancing firm - as opposed tothose that will give the estate agent a referral fee or hit his conveyancing figures pre-set by senior management.
All being well we will complete our sale of a £425,000 maisonette in Grove on Tuesday in a week. The freeholder has quoted £300 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Grove?
Grove conveyancing on leasehold maisonettes usually involves the buyer’s lawyer submitting enquiries for the landlord to address. Although the landlord is under no legal obligation to respond to such questions most will be content to assist. They may invoice a reasonable charge for answering enquiries or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is £350, in some situations it exceeds £800. The management information fee invoiced by the landlord must be accompanied by a summary of entitlements and obligations in respect of administration charges, without which the invoice is not strictly payable. In reality you have no choice but to pay whatever is demanded should you wish to sell the property.
Grove Leasehold Conveyancing - A selection of Questions you should consider before Purchasing
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It is important to be aware if window replacement or some other significant cost is due in the foreseeable future that will be shared between the leasehold owners and could well dramatically impact the level of the service costs or necessitate a specific payment. In the main the outlay for major works tend not to be wrapped into the service charges, albeit that some managing agents in Grove require leasehold owners to contribute towards a reserve fund and this is used to offset against larger repairs or maintenance. Who are the managing agents?