It is 10 years ago since I acquired my property in Leeswood. Conveyancing solicitors have just been retained on the sale but I am unable to find my title documents. Is this a problem?
You need not be too concerned. Firstly the deeds may be kept by the lender or they may be in the possession of the lawyers who oversaw the purchase. Secondly the likelihood is that the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining current official copies of the land registers. Nearly all conveyancing in Leeswood relates to registered property but in the rare situation where your home is not registered it is more of a problem but is resolvable.
I am buying a new build house in Leeswood with a loan from Britannia. The builders would not reduce the price so I negotiated £7000 of additionals instead. The estate agent told me not to tell my lawyer about the extras as it could jeopardize my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Leeswood and how can you help?
The particular law that you refer to provides protection to business leaseholders, granting the right to make a request to court for a continuation of occupancy when the lease comes to an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Leeswood is one of our hundreds of areas of the UK in which our lawyers are based
I need to instruct a conveyancing solicitor for my conveyancing in Leeswood. I have discover a site which seems to have the ideal offering If there is a chance to get all formalities completed via web that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Expecting to complete next month on a ground floor flat in Leeswood. Conveyancing solicitors inform me that they are sending me a report tomorrow. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Leeswood should include some of the following:
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specifics of the parties to the lease, for instance these could be the tennant, superior lessor, landlord Alterations to the flat What options are open to you if an adjoining owner is in violation of a provision in their lease? Ground rent - what is due and when you need to pay, and be on notice if this will change in the future It needs to be made clear to you whether the lease allows you to add or upgrade anything in the flat- you must know whether it relates to all alterations or just structural alteration, and whether permission is mandated necessary
Leeswood Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
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In the main the outlay for major works are not included within service charges, albeit that a few managing agents in Leeswood require leasehold owners to pay into a reserve fund created for the specific intention of building a fund for larger works. Who manages the block?
Much to my surprise my property lawyer in Leeswood has informed me that he requires ID documents saying that this forms part of his requirements as a solicitor on the lender Solicitor 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 lender. This is not specific to conveyancing in Leeswood