In what way does my ID and proof of funds have anything to do with my conveyancing in Brondesbury? Is this really necessary?
It is indeed that case that these requests have nothing to do with conveyancing in Brondesbury. Nowadays you will not be able to complete any conveyancing transaction without first providing proof 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 section and photo card part, one is not sufficient in the absence of the other.
Verification of your source of money is mandated under Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancer must retain this information on file. Your Brondesbury conveyancing lawyer will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they may also ask additional questions regarding the source of funds.
My aunt passed away 10 months ago and as sole heir and executor I was left the property in Brondesbury. The house had a small mortgage remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Nationwide, pay off the mortgage. Is this possible?
Given you intend to refinance then Nationwide will insist on your using a conveyancer on the Nationwide 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 Nationwide 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 Nationwide mortgage is registered as a charge at the Land Registry.
Over the last few months I have been searching for a ground for flat up to £245,000 and found one close by in Brondesbury I like with open areas and transport links in the vicinity, however it's only got 51 years unexpired on the lease. I can't really find anything else in Brondesbury for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage the shortness of the lease will be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
What tools are available to locate a Brondesbury solicitor on the Virgin Money conveyancing panel? I have wheels and am happy to travel upto 25miles to meet the lawyer.
You can use the search on this website. Please pick a mortgage company and your location and you will see a number of Brondesbury conveyancing lawyers located nearest you. We have listed some Brondesbury conveyancing firms at the bottom of this page and you can ring them to verify if they are on the Virgin Money approved list
My father-in-law has suggested that I appoint his lawyers for conveyancing in Brondesbury. Do I follow his advice?
No doubt it’s preferable to find a conveyancing lawyer is to seek guidance from friends or relatives who have used the solicitor that you are considering.
Midway through the sale of a leasehold flat in Brondesbury. Conveyancing lawyers are doing their job but we have been asked to pay a fortune by the landlord. To date we have forked out £268 for a leasehold management information and then a further £118 for answers to questions supplied by the buyers lawyer.
Your property lawyer will not have any sway over the extent of the fee for this information however the typical costs for the information for Brondesbury leasehold property is £360. For Brondesbury conveyancing transactions it is customary for the owner to pay for these charges. The freeholder or their agents are not duty bound to answer these questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no legislation that requires set fees for administrative tasks. There is no statutory time frame by which they are required to issue answers.