In what way does my ID and proof of funds have anything to do with my conveyancing in Beddington? Is this really necessary?
To satisfy the Money Laundering Regulations any Beddington conveyancing firm will require proof of identity in all conveyancing transactions. This is usually satisfied by provision of a passport and an original bank statement or utility account showing your correct address.
In accordance with Money Laundering Regulations, property lawyers are obliged by law to ascertain not simply the ID of conveyancing clients but also the source of monies that they receive in respect of any matter. Refusal to disclose this may lead to your solicitor terminating their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to make a disclosure to the relevant authorities should they consider that any amounts received by them may contravene the Money Laundering Regulations.
I am close to exchanging contracts on the sale of our house in Beddington and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any local conveyancer would know this is not the case. It does beg the question why the buyers instructed a factory type conveyancing firm rather than a conveyancing solicitor in Beddington. Having lived in Beddington for 4 years we know of no issue. Do we get in touch with our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? You must enquire of 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 health insurance to cover that same ailment)
The deeds to my house can not be found. The conveyancers who dealt with the conveyancing in Beddington 5 years ago are no longer around. What do I do?
Assuming the title is registered the information relating to your ownership will be retained by HMLR under a Title Number. It is possible to execute a search at the Land Registry, locate your house and secure up to date copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will in most cases retain a file copy of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
I am buying my first flat in Beddington with a mortgage from Platform Home Loans Ltd. The builders would not reduce the amount so I negotiated 6k of additionals instead. The house builders rep suggested that I not inform my solicitor about this extras as it could jeopardize my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Back In 2000, I bought a leasehold flat in Beddington. Conveyancing and Nationwide Building Society mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1992. The conveyancing practitioner in Beddington who previously acted has long since retired. What should I do?
The first thing you should do is contact the Land Registry to be sure that this person is in fact the new freeholder. There is no need to instruct a Beddington conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a Beddington conveyancing firm to assist?
You certainly can. We can put you in touch with a Beddington conveyancing firm who can help.
An example of a Lease Extension case for a Beddington flat is Ground Floor Flat 14 Lodge Road in October 2013. the tribunal held that the price payable for the acquisition of the extended lease of the property should be £12,590 .00 This case affected 1 flat. The unexpired residue of the current lease was 69.46 years.
What is the reason for new build conveyancing in Beddington being more expensive?
Conveyancing in Beddington for recently converted or new build properties often involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional queries and contractual considerations.