What does my ID and proof of funds have anything to do with my conveyancing in Scotter? What am I being asked for?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Scotter. Nowadays you will not be able to complete any conveyancing deal without first handing over evidence of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are providing your driving licence as proof of ID it needs to be both the paper element as well as the photo card part, one is not acceptable without the other.
Proof of the source of monies is mandated in accordance with the Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancing solicitor will need to retain this information on file. Your Scotter conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they should also ask additional questions concerning the origin of monies.
We are purchasing a house and the solicitor has raised the issue of Chancel Repair for which the property could be obligated to contribute to given it’s proximity to the area of such a church. She has mentioned insurance. Is this really warranted for conveyancing in Scotter
Unless a prior purchase of the premises took place post 12 October 2013 you could expect conveyancing practitioners handling conveyancing in Scotter to remain recommending a chancel search and or chancel repair liability policy.
Just had an offer accepted on a new build flat in Scotter. 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 conveyancing.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Scotter
-
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
We're novice buyers - agreed a price, but the property agent informed us that the vendor will only proceed if we use their chosen solicitors as they need a ‘quick sale’. We would rather use a high street conveyancer used to conveyancing in Scotter
It is unlikely the owners are driving this. Should the owner require ‘a quick sale', turning down a motivated buyer is going to damage their objectives. Contact the sellers directly and make the point that (a)you are serious purchasers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you intend to appoint your own,trusted Scotter conveyancing solicitors - not the ones that will earn the negotiator at the agency a commission or achieve conveyancing targets demanded by senior management.
Having checked my lease I have discovered that there are only Seventy years remaining on my flat in Scotter. I now want to get lease extension but my landlord is missing. What are my options?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to demonstrate that you have done all that could be expected to find the landlord. On the whole an enquiry agent should be helpful to conduct investigations and prepare a report to be accepted by the court as proof that the landlord can not be located. It is advisable to get professional help from a property lawyer in relation to proving the landlord’s disappearance and the application to the County Court overseeing Scotter.
I purchased a split level flat in Scotter, conveyancing was carried out September 2008. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Scotter with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease comes to an end on 21st October 2083
With just 59 years unexpired we estimate the premium for your lease extension to be between £20,900 and £24,200 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.
I have just had an offer accepted on an apartment in Scotter and the estate agent that we are using suggested his lawyer. She quoted £900 excluding VAT and 3rd party costs. Does this sound expensive?
Don't just go on one quote. You should obtain like-for-like quotes for your conveyancing in Scotter. Then select one that you are comfortable with and crucially, is on the approved panel of the mortgage company that you have applied for a mortgage from.