I am hoping to receive a offer of a home loan from Santander. My intention is to instruct a Licensed Conveyancer in Worsley. Does the Santander Solicitor panel allow for Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Would the conveyancing practitioners identified via your search tool carry out auction conveyancing in Worsley?
We know of a few auction practitioners we can put you in touch with those specialising in auction conveyancing. Worsley is just one of hundreds of locations in which our lawyers have offices.
In what way does my ID and proof of funds have anything to do with my conveyancing in Worsley? Is this really necessary?
In order to comply with Money Laundering Regulations any Worsley conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually dealt with by provision of a passport and an original bank statement or utility account showing where you live.
In accordance with Money Laundering Regulations, conveyancing solicitors are duty bound to investigate not just the ID of conveyancing clients but also the origin of monies that they receive in respect of any matter. Refusal to disclose this will result in your lawyer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers are duty bound to notify the relevant authorities should they consider that any monies received by them may contravene the Money Laundering Regulations.
The estate agent has sent us the confirmation of our purchase of a new build flat in Worsley. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Worsley
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Back In 2006, I bought a leasehold flat in Worsley. Conveyancing and The Mortgage Works mortgage are in place. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Worsley who previously acted has now retired. What should I do?
First make enquiries of the Land Registry to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to instruct a Worsley conveyancing lawyer to do this as you can do this on the Land Registry website for £3. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Worsley Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying
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It would be wise to discover as much as you can concerning the managing agents as they will affect your use and enjoyment of the property. As the owner of a leasehold property you are frequently at the mercy of the managing agents both financially and when it comes to day to day matters like the upkeep of the common parts. Enquire of other people if they are happy with them. Finally, find out the dates that you are obliged pay the service charge to the managing agents and specifically how they are spending that money. Make sure you enquire if there are any onerous restrictions in the lease. By way of example it is reasonably common in Worsley leases that pets are not permitted in in a block in Worsley. If you like the propertyin Worsley however your cat is not allowed to make the move with you then you will be faced difficult compromise. The best form of lease structure is a share of the freehold. In this situation the leaseholders enjoy control and even though a managing agent is frequently employed where it is bigger than a house conversion, the managing agent is directed by the tenants.
What could I expect to pay for conveyancing in Worsley?
The amount you are charged for conveyancing in Worsley are likely to be calculated at:
- a fixed amount; or
- on a time spent basis (i.e. the time spent on the particular case).
These days very few Worsley conveyancing practices invoice on time basis