What does my ID and proof of funds have anything to do with my conveyancing in Stevenage? Is this really warranted?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the identity of the potential client they are dealing with before they can accept their conveyancing retainer. The Client Care letter that you need to sign should confirm 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 are unwilling to provide ID verification documents, your lawyer can not take you on as a client.
I have an AIP. The bank mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel solicitor as I would prefer to instruct a local conveyancing solicitor in Stevenage?
You should check but the the likelihood is that appoint one of their panel solicitors if you want the "fee-free" offer. Call the lender and determine if they offer you a monetary alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Stevenage.
I need some quick conveyancing in Stevenage as I have pressure to complete inside one month. A mortgage is not required. Can I decline from having conveyancing searches to save money and time?
As you are are a cash buyer you are at liberty not to have searches conducted although no law firm would advise that you don't. Drawing on years of experience of conveyancing in Stevenage the following are instances of what can appear and adversely impact the marketability of the property: Enforcement Notices, Overdue Charges, Overdue Grants, Railway Schemes,...
Just had an offer accepted on a new build apartment in Stevenage. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Stevenage
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I own a leasehold house in Stevenage. Conveyancing and Barnsley Building Society mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Stevenage who acted for me is not around. What should I do?
The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to incur the fees of a Stevenage conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Stevenage Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
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For most Stevenage leaseholds the outlay for major works tend not to be included within service charges, although some managing agents in Stevenage ask leaseholders to pay into a sinking fund created for the specific intention of establishing a fund for major works. What prohibitions are contained in the Stevenage Lease? How many of the leaseholders are in arrears for their service charge payments?
What can I do to establish who is the owner of a property in Stevenage?
On the basis that the property is recorded at HM Land Registry, and you have the information of the address of the property, you will be able to see details from the HM Land Registry of the recorded proprietor for a for less than a fiver.