The Strawberry Hill conveyancing firm handling our Strawberry Hill conveyancing has discovered an inconsistency when comparing the assumptions in the home valuation survey and what is in the legal papers for the property. My solicitor says that he needs to check that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action legitimate?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
What does my ID and proof of funds have anything to do with my conveyancing in Strawberry Hill? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Strawberry Hill. However these days you will not be able to proceed with any conveyancing transaction without first supplying evidence of your identity. This usually takes the form of a either your passport or driving licence plus a bank statement. Please note that if you are providing your driving licence as evidence of ID it needs to be both the paper element as well as the photo card part, one is not acceptable in the absence of the other.
Proof of the origin of funds is mandated in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancing solicitor must have this information on file. Your Strawberry Hill conveyancing lawyer will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they should also ask additional questions concerning the origin of funds.
Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when buying a property in Strawberry Hill?
Unless a previous purchase of the house took place post 12 October 2013 you could expect conveyancing practitioners carrying out conveyancing in Strawberry Hill to remain recommending a chancel search and or chancel repair liability insurance.
The estate agent has sent us the confirmation of our purchase of a new build flat in Strawberry Hill. Conveyancing is a frightening process 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.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Strawberry Hill
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are surveyor prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I opted to have a survey completed on a house in Strawberry Hill before retaining lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some banks may not grant a mortgage on such a home.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Strawberry Hill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Strawberry Hill to see if the conveyancing costs will increase in light of this.
In my capacity as executor for the estate of my uncle I am selling a residence in Newport but reside in Strawberry Hill. My lawyer (approximately 260 miles awayneeds me to execute a statutory declaration ahead of completion. Can you recommend a conveyancing practitioner in Strawberry Hill who can witness and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are located in Strawberry Hill