I have been recommended a conveyancing solicitor in Hawkhurst. I I would like to check if they are accepted on the Lloyds TSB Bank conveyancing panel. Can you or the lender confirm if they are on the panel?
You should contact the lawyer and ask them whether they can act for the bank. Alternatively you can call Lloyds TSB Bank who may be able to help.
It has been three months following my purchase conveyancing in Hawkhurst concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am buying a new build flat in Hawkhurst. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Hawkhurst
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared.
My business partner and I are intending to lease a unit on the high street. Can you recommend solicitors offering competitive fees for non-domestic conveyancing in Hawkhurst for below £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Hawkhurst, including the disposal and purchase of businesses as well as simply property. If you are looking to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right firm. As for the charges this will depend on the structure and heads of terms of the proposed transaction. Let us have your details or email us so that we may supply you with comprehensive commercial conveyancing quote.
I've recently bought a leasehold property in Hawkhurst. Am I liable to pay service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Hawkhurst Leasehold Conveyancing - A selection of Queries before Purchasing
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Is anyone aware of any major works in the planning that could add a premium to the service charges? Most Hawkhurst leasehold properties will be liable to pay a service charge for the upkeep of the building set by the landlord. Where you acquire the apartment you will have to meet this contribution, normally quarterly throughout the year. This can vary from two or three hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge for you to pay yearly, normally this is not a large figure, say about £50-£100 but you need to enquire as on occasion it could be prohibitively expensive.
Our lawyer in Hawkhurst has informed me that he requires personal identification documents saying that this forms part of his requirements as a conveyancer on the bank Conveyancing panel. Is this right?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the mortgage company. This is not unique to conveyancing in Hawkhurst