In what way does my ID and proof of funds have anything to do with my conveyancing in Mousehole? Is this really warranted?
Mousehole conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to disclose two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and evidence of address (usually a Bank Statement less than 3 months old).
Confirmation of the origin of monies is also necessary under the money laundering statutes as conveyancers are obliged to investigate that the monies you are using to acquire a property (whether it be the deposit for exchange or the full purchase price if you are buying mortgage free) has come from legitimate source (such as an inheritance) rather than the fruits of criminal behaviour.
five months have gone by following my purchase conveyancing in Mousehole concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Mousehole differ for new build properties?
Most buyers of new build or newly converted property in Mousehole contact us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is finished. This is because builders in Mousehole usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Mousehole or who has acted in the same development.
We are 17 days into a freehold purchase having been recommend to solicitors by the high street agent to do our conveyancing in Mousehole. I am am extremely dissatisfied with the level of service. Could you help me find new conveyancers?
They would need to be very bad in order to consider replacing them. Has the mortgage been issued? In the event that it has you must make them aware of the replacement solicitor and have the loan are re-issued. Your new conveyancer needs to be on the banks panel to avoid added costs and frustration. So that should be your starting point. Our find a solicitor tool will assist you in finding a bank approved solicitor for your conveyancing in Mousehole
I am intending to sublet my leasehold flat in Mousehole. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?
Notwithstanding that your last Mousehole conveyancing solicitor is not around you can review your lease to see if you are permitted to let out the premises. The accepted inference is that if the deeds are non-specific, subletting is allowed. Quite often there is a prerequisite that you must obtain consent via your landlord or other appropriate person before subletting. The net result is you not allowed to sublet without first obtaining permission. Such consent must not not be unreasonably withheld. If the lease prohibits you from subletting the property you will need to ask your landlord for their consent.
I own a split level flat in Mousehole, conveyancing formalities finalised August 2011. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Mousehole with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease comes to an end on 21st October 2083
With only 58 years remaining on your lease the likely cost is going to be between £22,800 and £26,400 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.
I have been recommended a conveyancing solicitor in Mousehole. I need to find out if they are listed on the bank's conveyancing panel. Could you assist?
You should contact the solicitor to enquire if they are on the lender's panel. If that does not help get in touch with us and we can make some checks for you. Should the firm not be on the conveyancing panel we can certainly arrange a specialist conveyancing solicitor in Mousehole on the panel for your mortgage company.