In what way does my ID and proof of funds have anything to do with my conveyancing in Neston? Why is this being asked of me?
Neston conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to produce two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and evidence of address (typically a Bank Statement no older than three months).
Evidence of the origin of monies is also necessary in accordance with the money laundering regulations as solicitors are obliged to investigate that the money you are utilising to acquire a property (whether it be the deposit for exchange or the total purchase monies where you are a cash purchaser) has come from an acceptable source (such as employment savings) and is not the fruits of criminal behaviour.
What is the optimum way to investigate if the solicitor handling my conveyancing in Neston is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Clydesdale thus paying £192.00 in supplemental legal costs.
Feel free to take advantage of the find a conveyancing panel solicitor tool on this page. Pick the lender and type ‘Neston’ or your location and you will be presented with numerous solicitors based in Neston or nearest you.
Me and my brother purchased a semi-detached Edwardian property in Neston. Conveyancing solicitor acted for me and Virgin Money. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the matching address. Is it worth asking Virgin Money to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Neston and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing lawyer who conducted the conveyancing.
Is it possible to change conveyancer as I need to instruct a firm on the Accord Mortgages Ltd conveyancing list. I had appointed a high street conveyancing solicitor in Neston five minutes from me but she is not approved by Accord Mortgages Ltd
We will our best to assist in finding you a conveyancing solicitor in Neston on the Accord Mortgages Ltd panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Neston. In utilising the find a conveyancing solicitor tool on this page, you can contrast fees for conveyancing solicitors in Neston and beyond.
In my capacity as executor for the will of my uncle I am selling a property in Neath but I am based in Neston. My lawyer (based 260 miles awayneeds me to sign a statutory declaration before the transaction finalising. Could you suggest a conveyancing solicitor in Neston to witness this legal document for me?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Neston based
I am employed by a busy estate agency in Neston where we have witnessed a number of leasehold sales jeopardised due to leases having less than 80 years remaining. I have received contradictory information from local Neston conveyancing firms. Please can you confirm whether the seller of a flat can instigate the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Neston Leasehold Conveyancing - A selection of Questions you should consider before Purchasing
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It would be wise to find out as much as you can concerning the managing agents as they can either make your living at the property much easier or much more difficult. Being a leasehold owner you will be in the clutches of the managing agents both financially and when it comes to practical matters like the upkeep of the common parts. Don't be shy to ask other tenants what they think of them. Finally, be sure you know the dates that you are obliged pay the service charge to the managing agents and specifically what you get for your money. On the whole the outlay for major works are not included within maintenance charges, albeit that a few managing agents in Neston obliged tenants to contribute towards a reserve fund created for the specific intention of establishing a fund for major works. Are there any major works in the near future that will increase the service costs?