In what way does my ID and proof of funds have anything to do with my conveyancing in Brockenhurst? What am I being asked for?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Brockenhurst. However these days you can not proceed with any conveyancing process in the absence handing over proof of your identity. This usually takes the form of a either your passport or driving licence and a utility bill. Please note that if you are supplying your driving licence as proof of identification it needs to be both the paper part as well as the photo card part, one is not sufficient in the absence of the other.
Proof of the source of monies is necessary under Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancing solicitor must retain this information on file. Your Brockenhurst conveyancing practitioner will require evidence of proof of funds before they are able to accept any funds from you into their client account and they will also ask additional queries regarding the origin of monies.
I am about to put a bid on a leasehold property in Brockenhurst. The property agents advise that it is standard for flats in Brockenhurst to have less than 75 years unexpired on the lease. I am getting a mortgage with Tesco Bank. Will the property be mortgageable given that the lease has 70 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 3/6/2023 the requirements read as follows :
What will a local search inform me concerning the property my wife and I buying in Brockenhurst?
Brockenhurst conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for example PSG The local search is essential in every Brockenhurst conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search should reveal data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
My wife and I own a semi-detached Edwardian property in Brockenhurst. Conveyancing practitioner acted for me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Brockenhurst and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing solicitor who conducted the work.
In my capacity as executor for the will of my uncle I am selling a property in Monmouth but live in Brockenhurst. My conveyancer (approximately 235 kilometers awayhas requested that I execute a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing solicitor in Brockenhurst who can witness and place their company stamp on the document?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are located in Brockenhurst
Should I cancel my mortgage payments with Kent Reliance once a completion date for my sale in Brockenhurst has been agreed?
You are best advised to keep paying any mortgage sums to Kent Reliance until the mortgage is discharged from the proceeds of sale as part of your Brockenhurst conveyancing.