What does my ID and proof of funds have anything to do with my conveyancing in Marske and Upleatham? Is this really necessary?
Marske and Upleatham conveyancing solicitors and indeed property practitioners throughout the UK have an obligation under money laundering regulations to check the identity of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to provide two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and proof of address (typically a Bank Statement no more than three months).
Evidence of source of funds is also required in compliance with the money laundering laws as solicitors are mandated to ensure that the funds you are utilising to buy a property (whether it be the deposit for exchange or the full purchase amount where you are buying mortgage free) has come from legitimate source (such as employment savings) and is not the fruits of criminal activity.
We are planning to purchase with Norwich and Peterborough Building Society. We have called around locally but cant to find a Marske and Upleatham conveyancing firm on the Norwich and Peterborough Building Society approved list. Please you assist?
Please do take advantage of the find a lender approved solicitor tool on this page. Please choose the building society and type Marske and Upleatham or your preferred area and you will be presented with a number of lawyer located in Marske and Upleatham or by proximity to you.
I am purchasing my first flat in Marske and Upleatham with a mortgage from Accord Mortgages Ltd. The sellers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not disclose to my solicitor about the deal as it will jeopardize my mortgage with Accord Mortgages Ltd. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I am looking for a leasehold apartment up to £235,500 and found one close by in Marske and Upleatham I like with a park and station nearby, the downside is that it's only got 51 years on the lease. I can't really find anything else in Marske and Upleatham suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage that many years may be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
Hoping to buy a property located in Marske and Upleatham and I am already nervous. I couldn't find anything specific about Marske and Upleatham. Conveyancing will be needed in due course but do you know about the Marske and Upleatham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Marske and Upleatham. In the meantime here are some basic statistics that we found
I have just appointed agents to market my 2 bed flat in Marske and Upleatham.Conveyancing lawyers have not yet been instructed but I have just received a half-yearly service charge demand – what should I do?
It best that you pay the invoice as normal as all ground rent and maintenance invoices should be apportionedas part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until 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. Having a clear account will assist your cause and will leave you no worse off financially