In what way does my ID and proof of funds have anything to do with my conveyancing in Haggerston? What am I being asked for?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the ID of the person or body they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms and Conditions that you need to sign will no doubt stipulate this. Your lender will also require certain documents to be viewed. Where you are unwilling to hand over ID verification documents, your conveyancer would not be able to accept instructions from you.
I am buying a new build apartment in Haggerston. 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 legal work.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Haggerston
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I am looking for a flat up to £305k and identified one round the corner in Haggerston I like with open areas and railway links in the vicinity, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Haggerston in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a mortgage that many years may be a potential deal breaker. Reduce the offer 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 request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
My company is wishing to lease a unit on a shopping parade. Can you recommend solicitors offering no-sale-no costs for non-domestic conveyancing in Haggerston for under £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Haggerston, including the sale and purchase of businesses as well as simply premises. Whether you are hoping to acquire or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. Regarding the costs these will vary based on the structure and terms of the proposed transaction. Let us have your details or email us so that we can furnish you with a fixed commercial conveyancing quote.
My husband and I are FTB’s - had an offer accepted, yet the estate agent informed us that the owners will only issue a contract if we appoint their chosen conveyancers as they are insisting on an ‘expedited deal’. We would rather use a family solicitor used to conveyancing in Haggerston
It is unlikely the vendors are driving this. Should the owner want ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Speak to the vendors direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you intend to instruct your preferred Haggerston conveyancing lawyers - not the ones that will give their negotiator at the agency a introducer fee or meet his conveyancing figures set by head office.
Completion is due on our sale of a £300,000 apartment in Haggerston next week. The landlords agents has quoted £372 for Landlord’s certificate, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Haggerston?
Haggerston conveyancing on leasehold maisonettes nine out of ten times results in administration charges raised by landlords agents :
Completing pre-contract enquiries
Where consent is required before sale in Haggerston
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a ground floor flat in Haggerston. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?
if there is a missing landlord or where there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the LVT to decide the price payable.
An example of a Lease Extension matter before the tribunal for a Haggerston premises is 137 & 139 Haberdasher Street in December 2013. The Tribunal determines in accordance with section 48 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 that the premium for the extended lease for each Property should be £12,350.00. This case related to 2 flats. The unexpired term was 72.39 years.