Willappointing a New Beckenham conveyancing lawyer make the legal transfer of property easier?
Established third party connections is an important consideration when appointing conveyancing solicitors. New Beckenham conveyancers enjoy connections with mortgage brokers and agents, local authorities, surveyors and other law firms meaning you will move in shortest possible time. Hosting years of insight into the local area is also a plus .
We are a couple about to exchange contracts for a garden flat in New Beckenham. We have hit a snag. The loan offer with Virgin Money expires on 8/11/2021 but the sellers are putting forward a completion date of 10/11/2021. Can one prolong the mortgage offer?
The person best placed to address this issue is your solicitors who is in a position to calculate whether he or she is corresponding with the lender, seller’s lawyers, property agents or possibly all parties based on the history of your conveyancing as of today.
In what way does my ID and proof of funds have anything to do with my conveyancing in New Beckenham? Is this really warranted?
In order to comply with Money Laundering Regulations any New Beckenham conveyancing firm will require proof of identity in all conveyancing transactions. This is usually dealt with by provision of a passport and an original bank statement or utility bill evidencing your correct address.
Under Money Laundering Regulations, conveyancers are duty bound to ascertain not only the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. Refusal to disclose this may result in your solicitor ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to inform the relevant authorities should they consider that any monies received by them may contravene the Money Laundering Regulations.
The estate agent has sent us the confirmation of our purchase of a new build flat in New Beckenham. 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 conveyancing.
Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in New Beckenham
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. New Beckenham is where the house is located. Can you shed any light on this issue?
Flying freeholds in New Beckenham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside New Beckenham you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in New Beckenham may decide 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 property.
I am thinking of appointing a conveyancing lawyer in New Beckenham for my house move. Can I check a firm’s complaints history with the legal regulator?
Anyone can search for documented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The SRA may recorded call for training requirements.