What does my ID and proof of funds have anything to do with my conveyancing in New Cross? Is this really warranted?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in New Cross. Nowadays you can not complete any conveyancing transaction if you have not submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Remember if you are supplying your driving licence as proof of identification it needs to be both the paper part and photo card part, one is not acceptable in the absence of the other.
Proof of your source of money is required in accordance with the Money Laundering Regulations. Don’t be offended when when this is requested of you as your lawyer will need to have this information on record. Your New Cross conveyancing practitioner will require evidence of proof of funds prior to accepting any money from you into their client account and they may also ask further questions concerning the origin of monies.
My lawyer in New Cross is not listed on the TSB Approved Panel. Is it possible for me to retain my prefered solicitor even though they are excluded from the TSB approved list?
The limited options open to you here include:
- Complete the purchase with your existing New Cross solicitors but TSB will need to retain a lawyer on their panel. This will inevitably rack up the overall legal fees as well as cause delays.
- Get a new lawyer to act in the conveyancing, remembering to check they are TSB approved.
- Persuade your TSB solicitor to seek to join the TSB panel
I opted to have a survey carried out on a house in New Cross in advance of retaining conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some banks may refuse to give a mortgage on a flying freehold home.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you e-mail us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in New Cross. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it simple use the search app to get a costs illustration from a conveyancing lawyer in New Cross on the authorised to act for my lender?
First choose a mortgage company such as Barclays , Norwich and Peterborough Building Society or Aldermore then choose your location a common one being New Cross. Conveyancing organisations in New Cross and further afield will then be identified.
I am looking for a conveyancing solicitor in New Cross for my remortgage. Can I see a firm’s complaints history with the legal regulator?
You can find presented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. For details Pre 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The SRA may recorded telephone calls for training requirements.
I am on look out for some leasehold conveyancing in New Cross. Before I set the wheels in motion I would like to find out the remaining lease term.
Assuming the lease is recorded at the land registry - and most are in New Cross - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
After years of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in New Cross. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing freeholder or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to determine the price.
An example of a Freehold Enfranchisement case for a New Cross residence is 41 Endwell Road in March 2013. this matter relateed to the acquisition of the freehold of a mid- terraced Victorian house converted into three separate self-contained dwellings. By an order dated 28/11/2012, Deputy District Judge Cole in the Bromley County Court held that the leaseholders were entitled to acquire the freehold and directed that the premium payable be determined by this Tribunal. The Tribunal assessed the premium to be £14,753 This case was in relation to 3 flats. The unexpired residue of the current lease was 80.01 years.