Having been suggested to visit your service we were about to go ahead with a conveyancing solicitor in Rocester listed on your site but stumbled across some other costs illustrations on the internet seem cheaper – how come?
There are plenty of firms promoting alleged cheap conveyancing, yet more often than not supplementalcharges result in the final fee totally different to the one you expected. In accordance with regulatory requirements costs contained in terms and conditions should be equitable and be applied The conveyancers that we list for conveyancing in Rocester clearly state all legal fees for a domestic conveyancing matter.
In what way does my ID and proof of funds have anything to do with my conveyancing in Rocester? What am I being asked for?
To satisfy the Money Laundering Regulations any Rocester conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility bill evidencing where you live.
Under Money Laundering Regulations, conveyancers are required to ascertain not simply the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this may result in your solicitor cancelling their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to notify the appropriate authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
I am considering applying for a Lloyds mortgage for purchase of a newly converted (under development) in Rocester with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Lloyds ?
There is nothing to stop you using your solicitor, but Lloyds will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
The estate agent has sent us the confirmation of our purchase of a new build flat in Rocester. 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 can expect your new-build leasehold conveyancing in Rocester
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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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I am looking for a flat up to £305k and identified one near me in Rocester I like with a park and railway links nearby, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Rocester in this price bracket, so just wondered if I would be making a mistake buying a short lease?
Should you need a mortgage the shortness of the lease will likely be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
In what way can the Landlord & Tenant Act 1954 affect my commercial offices in Rocester and how can you help?
The particular law that you refer to affords a safeguard to commercial leaseholders, granting the dueness to apply to court for a new lease and continue in occupation at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Rocester is one of the hundreds of locations in which our lawyers have offices