Willusing a Highams Park conveyancing practitioner make the ownership transfer easier?
Highams Park is a special area, where regional know-how counts for a lot. The laid-back lifestyle has an upside – just not for your conveyancing. The conveyancers that we work with combine specialist Highams Park knowledge with a proactive, hands-onapproach that helps everything runs smoothly. It will certainly help if they can make use of established rapport with financial advisers, search providers, surveyors and counterpart Highams Park conveyancing solicitors
In what way does my ID and proof of funds have anything to do with my conveyancing in Highams Park? Why is this being asked of me?
In order to comply with Money Laundering Regulations any Highams Park conveyancing firm will require evidence of your identity in all conveyancing matters. This is usually dealt with by provision of a passport and an original bank statement or utility account evidencing where you reside.
Under Money Laundering Regulations, conveyancing solicitors are obliged by law to validate not simply the identity of conveyancing clients but also the origin of the money that they receive in respect of any matter. Refusal to disclose this may lead to your conveyancer cancelling their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers will have an obligation to make a disclosure to the relevant authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.
The Highams Park conveyancing solicitors that I recently instructed on my house acquisition in Highams Park have without warning closed. I only went with them because I needed a firm on the Nationwide conveyancing panel and my previous Highams Park lawyer was not. I wrote them a cheque for two hundred pounds in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Nationwide conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help.
What is your number one tip for choosing a conveyancing solicitor in Highams Park
Do not opt for the lowest Highams Park conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We are aiming to move property in July. Does my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you suggest a removal company in Highams Park. Conveyancing lawyer was organised before I stumbled across your page.
On the day of completion you can collect the keys from your property agent however this should only happen once the previous owners lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be released. After that you can advise the removal company that they can start moving you in. We are not in a position to suggest a specific removal company but can assist you in choosing a conveyancing in Highams Park or a firm that specialises in conveyancing in Highams Park.
is it true that all Highams Park solicitors on the Barclays conveyancing panel are governed by the SRA?
As solicitors, in order to be on the Barclays approved list of solicitors they would need to be overseen by the SRA. Some mortgage companies do permit licenced conveyancers on their panel and in such a situation the organisation would be governed by the Council of Licensed Conveyancers.
I have been on the look out for a flat up to £305k and identified one close by in Highams Park I like with open areas and station nearby, however it's only got 51 remaining years left on the lease. There is not much else in Highams Park for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
Taking into account that I will soon spend £400,000 on a property in Highams Park I wish to have a conversation with the lawyer about myhouse move in advance of appointing the firm. Can this be arranged?
This is something that we recommend - we would be delighted to talk to you we do not take any clients on without you liaising with the lawyer who will be carrying out your conveyancing in Highams Park.There is no ‘factory style conveyancing’ - every client is an important person, not a case reference. The law firms that we put you in touch with believe that the figure you are quoted for your conveyancing in Highams Park should be the amount on the final invoice that you end up paying.