What does my ID and proof of funds have anything to do with my conveyancing in Kingsthorpe? What am I being asked for?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to check the identity of the person or body they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms of Engagement that you are required to sign will no doubt reaffirm 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 refuse to hand over identification documents, your conveyancer will not be able to take you on as a client.
We hope to to purchase with Norwich and Peterborough Building Society. We have called around locally but cant to find a Kingsthorpe conveyancing firm on the Norwich and Peterborough Building Society approved list. Could you assist?
Please do make use of the search tool on this site. Please choose the mortgage company and type Kingsthorpe or your location and you will be presented with numerous solicitors based in Kingsthorpe or nearest you.
I am selling our home in Kingsthorpe and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street Kingsthorpe lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using a factory type conveyancing firm as opposed to a conveyancing solicitor in Kingsthorpe. We have lived in Kingsthorpe for 4 years we know of no issue. Is it a good idea to contact our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I have justdiscovered that Arc property Solicitors have closed. They conducted my conveyancing in Kingsthorpe for a purchase of a leasehold apartment 9 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The easiest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Kingsthorpe conveyancing specialists.
I was pointed in your direction by a number of property agents in Kingsthorpe to find a solicitor on your site. What’s the financial advantage for Estate Agents to recommend your site over and above a competitor’s?
We don’t give any commission for sending work to this site. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
I am attracted to a two apartments in Kingsthorpe which have about 50 years remaining on the lease term. Do I need to be concerned?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease gets shorter the marketability of the lease decreases and results in it becoming more costly to acquire a lease extension. This is why it is generally wise to increase the term of the lease. It is often difficult to sell a property with a short lease because mortgage companies may be reluctant to lend money on properties of this type. Lease enfranchisement can be a protracted process. We recommend you get professional assistance from a conveyancer and surveyor with experience in this area.
Kingsthorpe Leasehold Conveyancing - Sample of Queries before buying
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You will want to find out as much as possible concerning the company managing the building as they will impact 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 daily matters such as the tidiness of the common parts. Ask other people what they think of them. Finally, find out the dates that the service charges are due to the managing agents and specifically what it includes. This information is important as a) areas can result in problems for the block as the common areas may begin to deteriorate where maintenance remain unpaid b) if the tenants have an issue with the running of the building you will want to have full disclosure What is the name of the managing agents?