Do the conveyancing lawyers listed on your site conduct conveyancing in Kentish Town by way of an attended exchange?
There are a few conveyancing specialists who can conduct one day exchanges. You should call us to get a conveyancing quote and details as to dates.
What does my ID and proof of funds have anything to do with my conveyancing in Kentish Town? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Kentish Town. Nowadays you will not be able to proceed with any conveyancing deal in the absence supplying proof of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a utility bill. Remember if you are providing your driving licence as proof of identification it needs to be both the paper section and photo card part, one is not sufficient in the absence of the other.
Proof of the source of funds is required in accordance with the Money Laundering Regulations. Don’t be offended when you are asked to produce this as your lawyer must have this information on record. Your Kentish Town conveyancing solicitor will need to see evidence of proof of funds prior to accepting any monies from you into their client account and they will also ask additional queries concerning the origin of monies.
What happens if my lawyer’s firm is removed from the UBS Conveyancing panel ahead of completing my conveyancing in Kentish Town?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Will my conveyancer be asking questions regarding flooding during the conveyancing in Kentish Town.
Flooding is a growing risk for lawyers dealing with homes in Kentish Town. There are those who purchase a property in Kentish Town, fully expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, but there are a various searches that may be carried out by the purchaser or by their conveyancers which can figure out the risks in Kentish Town. The conventional set of property information forms supplied to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) incorporates a standard inquiry of the vendor to find out whether the premises has historically flooded. If flooding has previously occurred which is not revealed by the owner, then a buyer may bring a claim for damages resulting from an inaccurate response. The buyer’s lawyers should also carry out an environmental search. This will reveal if there is a recorded flood risk. If so, more detailed investigations should be initiated.
The estate agent has sent us the confirmation of our purchase of a new build flat in Kentish Town. Conveyancing is daunting 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.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Kentish Town
-
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. 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. Please confirm the Lease plans are surveyor prepared.
In my capacity as executor for the estate of my grandmother I am disposing of a property in Monmouth but reside in Kentish Town. My lawyer (approximately 200 kilometers awayrequires that I execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing practitioner in Kentish Town who can witness this legal document for me?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Kentish Town based