I am expecting a mortgage with Halifax. I hope to retain the legal services of a Licensed Conveyancer in Selsdon. Does the Halifax Solicitor panel exclude conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
Due to complete my purchase in Selsdon next Monday. My lawyer now wants me to supply her with evidence of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What risks does the bank expect the insurance to cover?
Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook requirements. These obligations are not specific to conveyancing in Selsdon.
In what way does my ID and proof of funds have anything to do with my conveyancing in Selsdon? What am I being asked for?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Selsdon. However these days you can not complete any conveyancing process in the absence submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a council tax bill. Please note that if you are supplying your driving licence as proof of ID it must be both the paper element and photo card part, one is not satisfactory without the other.
Verification of your source of money is mandated in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancing solicitor must retain this information on file. Your Selsdon conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they may also ask additional queries concerning the origin of monies.
I used Stirling Law a few years past for my conveyancing in Selsdon. Now, I need my documents but the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Selsdon of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
In scouring the world wide web for the words on line conveyancing in Selsdon it shows results of numerous property lawyerslocally. With so much choice what is the best way to find the right solicitor for purchase transaction?
The ideal method of finding a suitable conveyancer is through a personal recommendation, so enquire of colleagues and those you trust who have bought a property in Selsdon or the respected estate agent or mortgage broker. Costs for conveyancing in Selsdon differ, so it's a good idea to request a minimum of three fee estimates from varying types of solicitors. Dont forget to clarify what costs in the quote includes.
I own a leasehold flat in Selsdon. Conveyancing and Alliance & Leicester mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Selsdon who previously acted has long since retired. Do I pay?
The first thing you should do is contact HMLR to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to incur the fees of a Selsdon conveyancing firm to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Having spent months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Selsdon. Can we issue an application to the Residential Property Tribunal Service?
Where there is a absentee landlord or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to judgment on the sum to be paid.
An example of a Freehold Enfranchisement matter before the tribunal for a Selsdon premises is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case was in relation to 6 flats. The unexpired residue of the current lease was 78.32 years.