In what way does my ID and proof of funds have anything to do with my conveyancing in Malden? What am I being asked for?
In order to comply with Money Laundering Regulations any Malden conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility bill showing where you live.
In accordance with Money Laundering Regulations, property lawyers are required to ascertain not simply the identity of conveyancing clients but also the origin of the money that they receive in respect of any matter. An unwillingness to disclose this may result in your lawyer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to notify the relevant authorities should they consider that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
I am buying a property and the lawyer has mentioned Chancel Repair for which the house may be liable as it falls into the area of such a church. She has mentioned insurance. Is this really necessary for conveyancing in Malden
Unless a previous purchase of the house took place after 12 October 2013 you could take it that lawyers conducting conveyancing in Malden to remain recommending a chancel search and or insurance against a claim.
About to purchase a new build apartment in Malden. 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 conveyancing.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Malden
-
Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? 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. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
What makes your site different to other online quote calculators for conveyancing in Malden?
At this site get an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Malden. As opposed to estate agents and brokerage sites we do not operate commission deals with solicitors. A large number of agents and online brokers 'recommend' solicitors who pay the highest kickback, as opposed to the best value conveyancing in Malden
Back In 2002, I bought a leasehold flat in Malden. Conveyancing and Alliance & Leicester mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1994. The conveyancing solicitor in Malden who previously acted has long since retired. What should I do?
The first thing you should do is make enquiries of HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. There is no need to incur the fees of a Malden conveyancing practitioner to do this as it can be done on-line for £3. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Despite our best efforts, we have been unsuccessful in negotiating a lease extension in Malden. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Where there is a missing landlord or where there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the LVT to calculate the price payable.
An example of a Freehold Enfranchisement decision for a Malden premises is 158 West Hill in November 2010. the Tribunal held that the premium to be paid for the freehold reversion should be £99,650 This case related to 7 flats. The unexpired term as at the valuation date was 75.88 years.
I have just appointed agents to market my ground floor apartment in Malden.Conveyancing is yet to be initiated but I have recently had a half-yearly maintenance charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the service charge as you normally would given that all rents and service charges will be apportionedas part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process