What does my ID and proof of funds have anything to do with my conveyancing in Long Stratton? Is this really necessary?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Long Stratton. Nowadays you will not be able to proceed with any conveyancing process in the absence providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it needs to be both the paper part and photo card part, one is not sufficient without the other.
Proof of the origin of money is mandated under Money Laundering Regulations. You should not be offended when you are asked to produce this as your lawyer must have this information on file. Your Long Stratton conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they may also ask additional queries regarding the origin of funds.
I am assisting my aunt sell her flat in Long Stratton. Does the conveyancing solicitor arrange an EPC or it is for me to coordinate?
Following the abolition of Home Information Packs, energy performance certificates was kept a mandatory component of moving house. An EPC should be to hand prior to the property being advertised. This is not something that law firms normally arrange. Where you are using a Long Stratton conveyancing practitioner they might help arrange energy performance certificates due to their contacts with reputable Long Stratton energy assessors
A relative pointed out to me me that in purchasing a property in Long Stratton there may be various restrictions prohibiting external changes to a property. Is this right?
We are aware of anumerous of properties in Long Stratton which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Long Stratton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am currently in the process of buying my council flat in Long Stratton. I have a mortgage offer with Aldermore. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Aldermore, you will need to appoint a solicitor on the Aldermore conveyancing panel.
Should our conveyancer be raising questions regarding flooding during the conveyancing in Long Stratton.
The risk of flooding is if increasing concern for solicitors carrying out conveyancing in Long Stratton. Some people will acquire a property in Long Stratton, completely expectant that at some time, it may be flooded. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Lawyers are not qualified to give advice on flood risk, but there are a various searches that may be initiated by the buyer or by their conveyancers which should figure out the risks in Long Stratton. The conventional set of information supplied to a buyer’s lawyer (where the Conveyancing Protocol is adopted) incorporates a standard inquiry of the owner to discover if the property has ever been flooded. If flooding has previously occurred and is not revealed by the seller, then a purchaser may issue a claim for damages resulting from an inaccurate reply. A buyer’s lawyers may also conduct an enviro search. This will higlight whether there is any known flood risk. If so, additional inquiries will need to be conducted.
It has been five months since my purchase conveyancing in Long Stratton took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. 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 property 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.
About to purchase a new build flat in Long Stratton. 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.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Long Stratton
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Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. 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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I need to retain a conveyancing solicitor for purchase conveyancing in Long Stratton. I happened to chance upon a site which appears to be the ideal offering If it is possible to get all formalities completed via web that would be ideal. Do I need to 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?