I have given 8 weeks notice to my existing landlord and have to be out of my let out flat in Radlett by the end of next month. Conveyancing on my purchase is progressing. How realistic is it to complete in six weeks as don't want to have to move into short term accommodation?
The normal practice is not to provide notice for your letting until you have exchanged. If you have not previously done so, notify to your solicitor and ask them to they chase the sellers side, try to an acceptable time-line that all parties will look towards
In what way does my ID and proof of funds have anything to do with my conveyancing in Radlett? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Radlett. However these days you can not proceed with any conveyancing process if you have not handing over proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are providing your driving licence as evidence of identification it must be both the paper element and photo card part, one is not sufficient without the other.
Evidence of the source of monies is mandated under Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer must retain this information on record. Your Radlett conveyancing practitioner will require evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask additional queries concerning the source of funds.
Are the BSA intent on creating a online directory to to identify practices on the Melton Mowbray Building Society conveyancing panel for instance in Radlett?
We have not been informed any plans on the part of the BSA to promote such a tool.
I opted to have a survey done on a property in Radlett before retaining solicitors. I have been advised that there is a flying freehold element to the house. The surveyor advised that some banks may refuse to issue a mortgage on a flying freehold home.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Radlett. Conveyancing may be slightly more expensive based on your lender's requirements.
Taking into account that I will soon spend 450k on a terraced house in Radlett I wish to talk to a conveyancer concerning thehome move prior to giving the go ahead to the firm. Is this something that you can arrange?
This is something that we encourage - we would be delighted to talk to you we do not take any clients on without you liaising with the lawyer due to be carrying out your conveyancing in Radlett.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter number. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Radlett should be the figure that you are charged.
I have just appointed agents to market my 2 bed apartment in Radlett. Conveyancing is yet to be initiated, however I have just received a yearly maintenance charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the service charge as normal given that all ground rent and service payments will be allotted on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents 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.
My wife and I have hit a brick wall in seeking a lease extension in Radlett. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We are happy to put you in touch with a Radlett conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Radlett property is 42 Churchill Road in March 2013. The Tribunal determined that the price payable in respect of the acquisition of the freehold of the property as required under the terms of the Court Order dated 21 December 2012, is£26,958 This case was in relation to 1 flat.