In what way does my ID and proof of funds have anything to do with my conveyancing in Pitsea? Is this really necessary?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Pitsea. However these days you can not complete any conveyancing process if you have not supplying evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Remember if you are supplying your driving licence as proof of identification it needs to be both the paper section and photo card part, one is not satisfactory in the absence of the other.
Proof of the origin of funds is necessary under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your lawyer will need to retain this information on file. Your Pitsea conveyancing lawyer will need to see evidence of proof of funds prior to accepting any funds from you into their client account and they may also ask additional questions concerning the origin of monies.
My grandfather passed away last year and as sole heir and executor I was left the property in Pitsea. The house had a small mortgage left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to Coventry BS, pay off the mortgage. Is this allowed?
Where you plan to re-mortgage then Coventry BS will require that you use a conveyancer on the Coventry BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Coventry BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Coventry BS mortgage is registered as a charge at the Land Registry.
I'm the sole recipient of my late grandmother’s estate with all property in now in my sole name, including the house in Pitsea. Conveyancing formalities meant that the Land Registry date was in March. I plan to dispose of the property. I understand that there is a CML 6 month 'rule', which means that my property ownership may be regarded the same way as though I had purchased the house in March. Do I have to wait half a year to sell?
The CML handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. many lenders would take a pragmatic view as this clause is principally there to pick up on subsales or the flipping of property.
How can we tell if a Pitsea conveyancing solicitor on the Clydesdale panel is any good?
When it comes to conveyancing in Pitsea getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor conducting your conveyancing.
Completion of my purchase has taken place for my property in Pitsea. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
My friend advised me that where I am purchasing in Pitsea I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Pitsea conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Pitsea around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Pitsea Education with plans and statistics, Local Amenities and other useful information about Pitsea.
Are there restrictive covenants that are commonly identified as part of conveyancing in Pitsea?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Pitsea. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am looking for a ground for flat up to £235,500 and identified one round the corner in Pitsea I like with a park and railway links in the vicinity, the downside is that it only has 61 remaining years left on the lease. There is not much else in Pitsea for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan that many years will be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.