In what way does my ID and proof of funds have anything to do with my conveyancing in Wool? Is this really necessary?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the identification documents of the person or body they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms and Conditions that you are required to sign will no doubt confirm this. Your lender will also require certain documents to be viewed. Should you refuse to provide identification documents, your conveyancer would not be able to accept instructions from you.
Me and my brother purchased a semi-detached Georgian property in Wool. Conveyancing solicitor acted for me and Leeds Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the matching property. Is it worth asking Leeds Building Society to clarify?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Wool and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing lawyer who conducted the conveyancing.
The estate agent has sent us the confirmation of our purchase of a new build flat in Wool. 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 legal work.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Wool
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
My business partner and I are hoping to lease a unit on a shopping parade. Can you recommend conveyancers offering competitive fees for commercial conveyancing in Wool for under £2000?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Wool, including the disposal and acquisition of businesses as well as simply property. If you are intending to purchase or dispose of a shop, pub, restaurant, office, retail unit or a complete business we can find you the right solicitor. Regarding the costs these will vary based on the structure and nuances of the proposed transaction. Let us have your details or phone so as to enable us to supply you with a detailed commercial conveyancing quote.
My brother has suggested that I appoint his lawyers for conveyancing in Wool. Should I choose my own conveyancer?
Much as we are happy to recommend a Wool conveyancing lawyer it’s preferable to choose a conveyancing lawyer is to have feedback from friends or family who have used the firm you're considering.
I have read on various online forums that before choosing a conveyancing solicitors they must be approved by your bank. This is my first house move but I have an offer in principle via Halifax and I already have a bricks and morter conveyancing solicitor in Wool in place. Does Virgin Money insist on an approved conveyancer to be instructed? Does a directory of panel firms even exist so I can choose a conveyancing lawyer in Wool?
You need to use a solicitor that is on the Virgin Money panel. Simply telephone your preferred Wool conveyancing lawyer and ask if they are on the Virgin Money panel. If they are not approved you have numerous choices open to you here:
- Complete the purchase with your preferred Wool conveyancing practitioner but Virgin Money will need to use a conveyancer on their approved list. This will result in additional charges together with likely frustration.
- Get a fresh conveyancer to conduct the conveyancing, making sure they are on the Virgin Money conveyancing panel.
- Convince your property lawyer to do everything possible to get listed on the Virgin Money panel of solicitors.