What does my ID and proof of funds have anything to do with my conveyancing in Helmsley? Is this really necessary?
Helmsley conveyancing solicitors and indeed property lawyers accross the UK have a duty under money laundering regulations to verify the identity of any client with a view to ensure that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and proof of address (usually a Bank Statement less than 3 months old).
Proof of source of monies is also required in compliance with the money laundering statutes as lawyers are duty bound to ensure that the money you are utilising to purchase a property (be it the exchange deposit or the total purchase price if you are a cash purchaser) has come from a reputable source (such as employment savings) and is not the proceeds of illegitimate behaviour.
We're in Helmsley, First time buyers purchasing with a mortgage (lender is Lloyds , and our lawyer is on the Lloyds conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I note that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a house in Helmsley? or Apparently there is an ancient law that could mean that house owners residing in a parish church boundary will be compelled to contribute towards repairs towards the chancel within the church. Is this a legitimate concern for conveyancing in Helmsley?
Unless a prior purchase of the house completed post 12 October 2013 you could take it that lawyers delivering conveyancing in Helmsley to remain encouraging a chancel search and or insurance against a claim.
Despite weeks of looking the Title Certificate and documents to our home are lost. The lawyers who did the conveyancing in Helmsley 5 years ago no longer exist. What are my options?
Nowadays there are copies made of almost everything, and your lawyer will be aware precisely where to find all the relevant paperwork so you may purchase or sell your property without a hitch. If duplicates can’t be found, your solicitor may be able to arrange cover in the form of insurance or indemnities protecting you against possible claims on the property.
As co-executor for the will of my grandfather I am selling a residence in Monmouth but live in Helmsley. My solicitor (based 235 miles awayrequires that I sign a stat dec prior to the transaction finalising. Can you recommend a conveyancing solicitor in Helmsley to attest this legal document for me?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are based in Helmsley
My wife and I purchased a leasehold flat in Helmsley. Conveyancing and Barclays Direct mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing practitioner in Helmsley who acted for me is not around. Do I pay?
First contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. You do not need to instruct a Helmsley conveyancing lawyer to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I inherited a basement flat in Helmsley, conveyancing was carried out in 2008. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Helmsley with a long lease are worth £186,000. The ground rent is £55 charged once a year. The lease ends on 21st October 2077
With only 53 years left to run the likely cost is going to span between £27,600 and £31,800 as well as professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.