What does my ID and proof of funds have anything to do with my conveyancing in Hampton Wick? Is this really necessary?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Hampton Wick. However these days you will not be able to complete any conveyancing process if you have not supplying proof of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a council tax bill. Remember if you are supplying your driving licence as evidence of identification it must be both the paper part as well as the photo card part, one is not sufficient without the other.
Evidence of your origin of money is mandated under Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer will need to retain this information on file. Your Hampton Wick conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any money from you into their client account and they may also ask further questions regarding the origin of funds.
My Solicitor in Hampton Wick has never been on on the Nottingham Building Society Conveyancing Panel. Can I still continue with my family solicitor even though they are excluded from the Nottingham Building Society approved list?
Your options are as follows:
- Complete the purchase with your existing Hampton Wick lawyers but Nottingham Building Society will need to use a solicitor on their panel. This will result in additional total legal charges as well as cause delays.
- Choose an alternative practitioner to act in the purchase, remembering to check they are Persuade your lawyer to use their best endeavours to join the Nottingham Building Society conveyancing panel
The estate agent has sent us the confirmation of our purchase of a new build flat in Hampton Wick. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Hampton Wick
-
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. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Due to the input of my in-laws I had a survey completed on a property in Hampton Wick before retaining lawyers. I have been informed that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies may not grant a loan on a flying freehold property.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Hampton Wick. Conveyancing will be smoother if you use a solicitor in Hampton Wick especially if they are familiar with such properties in Hampton Wick.
How easy is it to switch conveyancer as I need to instruct a firm on the Godiva Mortgages Ltd conveyancing panel. I instructed a local conveyancing solicitor in Hampton Wick five minutes from me but he is not approved by Godiva Mortgages Ltd
It would be our pleasure to help you select a conveyancing solicitor in Hampton Wick on the Godiva Mortgages Ltd panel. Please note that the law firms that we work with do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Hampton Wick. Using search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Hampton Wick.
What are your top tips when it comes to finding a Hampton Wick conveyancing firm to deal with our lease extension?
If you are instructing a conveyancer for your lease extension (regardless if they are a Hampton Wick conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Hampton Wick conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be of use:
-
Can they put you in touch with clients in Hampton Wick who can give a testimonial? What are the legal fees for lease extension work?
Despite our best efforts, we have been unsuccessful in trying to purchase the freehold in Hampton Wick. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a absentee landlord or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to judgment on the price payable.
An example of a Lease Extension case for a Hampton Wick property is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case affected 1 flat.