What does my ID and proof of funds have anything to do with my conveyancing in Longlands? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in Longlands. However these days you will not be able to complete any conveyancing transaction without first handing over proof of your identity. This usually takes the form of a either your passport or driving licence as well as a utility bill. Remember if you are supplying your driving licence as evidence of identification it must be both the paper element as well as the photo card part, one is not satisfactory in the absence of the other.
Proof of your source of money is mandated under Money Laundering Regulations. You should not be offended when you are asked to produce this as your conveyancing solicitor will need to have this information on record. Your Longlands conveyancing practitioner will require evidence of proof of funds prior to accepting any funds from you into their client account and they will also ask further queries concerning the origin of funds.
I am remortgaging my apartment in Longlands, does my lawyer have to be on the Co-operative Conveyancing panel?
In theory, you could use a solicitor that is not on the Co-operative conveyancing panel, but Co-operative would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I have decided to exercise my right to buy my property in Longlands off the council. I have a mortgage agreed with Yorkshire BS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
Completion of my remortgage has taken place for my property in Longlands. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Barclays have agreed my mortgage in principle, my offer on a flat in Longlands has been accepted, what are the next steps?
The property agent will want to know who your solicitors are (ensure that the solicitors are on the bank’s panel). Telephone Barclays or your financial adviser and finish off any appropriate paperwork. Barclays will sellect a valuer who will get in contact with the estate agent or vendor to schedule a slot for the valuation to happen. Once conducted (assuming no problems) it takes on average a week to get a mortgage offer. Barclays will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Longlands.
Is it necessary to pay for insurance to address the risk of chancel repairs when acquiring a house in Longlands?
Unless a prior acquisition of the property completed post 12 October 2013 you can take it that solicitors conducting conveyancing in Longlands to continue to suggest a chancel search and or insurance against a claim.
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Longlands is where the house is located. Is there any advice you can give?
Flying freeholds in Longlands are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Longlands you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Longlands may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I today plan to offer on a house that appears to meet my requirements, at a reasonable figure which is making it more attractive. I have since found out that the title is leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a leasehold house in Longlands. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Longlands ?
Most houses in Longlands are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. It is clear that you are buying in Longlands so you should seriously consider looking for a Longlands conveyancing practitioner and check that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the freeholder’spermission to conduct alterations. You may also be required to pay a maintenance charge towards the upkeep of the communal areas where the property is located on an estate. Your conveyancer will appraise you on the various issues.
Following years of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Longlands. Can we issue an application to the Residential Property Tribunal Service?
Where there is a missing freeholder or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to make a decision on the price.
An example of a Lease Extension matter before the tribunal for a Longlands residence is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case affected 1 flat.