What does my ID and proof of funds have anything to do with my conveyancing in Ruddington? Is this really warranted?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with before they can accept their conveyancing instruction. The Client Care letter that you need to sign will no doubt stipulate this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Should you refuse to provide ID verification documents, your lawyer will not be able to take you on as a client.
I am assisting my aunt sell her house in Ruddington. Will the conveyancing solicitor commission an energy performance certificate or do I organise this?
After the abolition of Home Packs, energy assessments remained a mandatory part of moving house. An energy performance certificate should be commissioned prior to the property being advertised. It is not something that conveyancers ordinarily arrange. Where you are using a Ruddington conveyancing solicitor they may be willing to arrange energy performance certificates given their relationships with long established Ruddington providers
My stepmother pointed out to me me that in buying a property in Ruddington there may be various restrictions affecting the ability to carry out external alterations to the property. Is this right?
We are aware of anumerous of properties in Ruddington which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Ruddington should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have decided to exercise my right to buy my property in Ruddington off the council. I have a mortgage agreed with UBS. Conveyancing is not something I have any knowledge of. 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 UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
Should our solicitor be raising enquiries regarding flooding as part of the conveyancing in Ruddington.
The risk of flooding is if increasing concern for solicitors carrying out conveyancing in Ruddington. Some people will purchase a property in Ruddington, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Solicitors are not best placed to offer advice on flood risk, but there are a numerous checks that can be initiated by the buyer or on a buyer’s behalf which can give them a better understanding of the risks in Ruddington. The standard property information forms supplied to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) includes a standard question of the owner to determine if the property has ever been flooded. If flooding has previously occurred which is not revealed by the vendor, then a purchaser could issue a claim for damages as a result of such an inaccurate reply. A buyer’s solicitors may also carry out an environmental search. This should reveal if there is a recorded flood risk. If so, more detailed investigations should be made.
Are there restrictive covenants that are commonly identified during conveyancing in Ruddington?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Ruddington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Over the last few months I have been searching for a flat up to £195,000 and found one near me in Ruddington I like with amenity areas and station in the vicinity, however it only has 61 years on the lease. I can't really find anything else in Ruddington in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan that many years may be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
I cannot be present at my Ruddington conveyancing lawyers office to sign documents for conveyancing in Ruddington – is this a problem?
You need not be concerned. Ruddington conveyancing lawyers can handle conveyancing transactions for clients from a distance. It is not necessary for you to be able to attend a Ruddington conveyancers office. Almost all property lawyer can handle all communications remotely from their Ruddington premises.