Me and my wife are buying our first home. Our solicitor has e-mailedto check if we would like to order supplemental conveyancing searches. We are really unsure what's relevant for conveyancing in Hurst
The quantity and type of Hurst conveyancing searches should be triggered based primarily on the premises, the location, the possibility of any of these risks, your knowledge of the area and risks, your general approach to risk. What matters is that you properly appreciate what information each search could give you. Then you can decide if you consider that you need that search. If unclear, ask your solicitor to recommend.
In what way does my ID and proof of funds have anything to do with my conveyancing in Hurst? Is this really necessary?
Hurst conveyancing solicitors and indeed property lawyers throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to verify the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and proof of address (typically a Bank Statement less than 3 months old).
Proof of source of funds is also necessary in compliance with the money laundering laws as lawyers are mandated to check that the money you are using to purchase a property (be it the exchange deposit or the total purchase monies where you are a cash purchaser) has originated from a reputable source (such as an inheritance) as opposed to the product of illegitimate activity.
Are there restrictive covenants that are commonly identified as part of conveyancing in Hurst?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Hurst. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Just had an offer accepted on a new build flat in Hurst. 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 is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Hurst
-
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. 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. Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
In my capacity as executor for the will of my aunt I am selling a property in Neath but reside in Hurst. My lawyer (based 300 miles from merequires that I sign a stat dec ahead of the transaction finalising. Could you suggest a conveyancing lawyer in Hurst to witness and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Hurst based
Me and my husband are disposing of a Hurst property we inherited seven years ago in 2010. I have over a decades worth of conveyancing know-how and, although retired, intend to do the legal work. The buyer's property lawyer has informed me that their building society will not allow you to do your own conveyancing mandating that the funds to be released via a solicitor's bank account.
Mortgage requirements to conveyancing practitioners from all mainstream lenders specify that If the seller does not have legal representation the buyer’s lawyers should check whether the lender needs to be told so that a decision can be made if they are prepared to move forward.