In what way does my ID and proof of funds have anything to do with my conveyancing in Ravenglass? Why is this being asked of me?
Ravenglass conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and evidence of address (usually a Utility Bill no more than three months).
Confirmation of the origin of monies is also required under the money laundering regulations as lawyers are obliged to check that the money you are using to buy a property (whether it be the deposit for exchange or the full purchase monies if you are a cash purchaser) has originated from an acceptable source (such as an inheritance) as opposed to the proceeds of illegitimate behaviour.
What can a local search inform me concerning the house my wife and I purchasing in Ravenglass?
Ravenglass conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search organisations for example Searchflow The local search is essential in every Ravenglass conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
Just had an offer accepted on a new build flat in Ravenglass. Conveyancing is necessary evil 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.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Ravenglass
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply a car parking plan.
I am looking for a ground for flat up to £305k and found one close by in Ravenglass I like with a park and station in the vicinity, however it only has 49 years on the lease. There is not much else in Ravenglass suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a mortgage the shortness of the lease may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
I am looking for a conveyancing lawyer in Ravenglass for my home move. Is there any facility to check a firm’s complaints history with the legal regulator?
Anyone may find presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The regulator may monitor call for training purposes.
Frank (my husband) and I may need to rent out our Ravenglass 1st floor flat temporarily due to a career opportunity. We instructed a Ravenglass conveyancing firm in 2002 but they have closed and we did not have the foresight to seek any guidance as to whether the lease allows us to sublet. How do we find out?
The lease dictates the relationship between the landlord and you the flat owner; specifically, it will set out if subletting is not allowed, or permitted but only subject to certain caveats. The rule is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Ravenglass do not prevent strict prohibition on subletting – such a provision would undoubtedly devalue the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly supplying a copy of the tenancy agreement.
Ravenglass Leasehold Conveyancing - Examples of Questions you should ask Prior to Purchasing
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It would be wise to discover if there are any onerous prohibitions in the lease. For example it is fairly common in Ravenglass leases that pets are not permitted in in a block in Ravenglass. If you love the apartmentin Ravenglass yet your cat is not allowed to live with you then you will be faced difficult compromise. Most Ravenglass leasehold flats will incur a service charge for maintenance of the building levied on behalf of the management company. If you acquire the apartment you will have to meet this liability, normally periodically accross the year. This could differ from a few hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge to be met annual, ordinarily this is not a large amount, say approximately £50-£100 but you should to check it because sometimes it could be prohibitively expensive. Is anyone aware of any major works on the horizon that could increase the maintenance fees?