My Solicitor in St Leonard Shoreditch is not listed on the Accord Mortgages Ltd Solicitor Panel. Can I still continue with my family solicitor even though they are excluded from the Accord Mortgages Ltd panel of approved conveyancing solicitors?
The limited options available to you here include:
- Carry on with your existing St Leonard Shoreditch lawyers but Accord Mortgages Ltd will need to instruct a solicitor on their list of acceptable firms. This will inevitably rack up the overall conveyancing fees and result in delays.
- Get an alternative solicitor to to deal with the conveyancing, remembering to check they are Accord Mortgages Ltd approved.
- Try to convince your Accord Mortgages Ltd solicitor to seek to join the Accord Mortgages Ltd panel
Despite weeks of looking the Title Certificate and documents to our property are lost. The solicitors who conducted the conveyancing in St Leonard Shoreditch 10 years ago have long since closed. What do I do?
Gone are the days when you need to have the physical official documentation to evidence that you are the owner of your registered land or premises, given that the Land Registry have everything they need in a digital format.
I am buying a new build flat in St Leonard Shoreditch. 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 are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in St Leonard Shoreditch
-
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. There must be mutual enforceability of lessee’s covenants.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one round the corner in St Leonard Shoreditch I like with amenity areas and railway links in the vicinity, however it's only got 51 years on the lease. I can't really find anything else in St Leonard Shoreditch suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a mortgage that many years may be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
Is there anything unique about your site and other online quote calculators when it comes to conveyancing in St Leonard Shoreditch?
At this site get a conveyancing quote via a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in St Leonard Shoreditch. Unlike many estate agents and many comparison sites we do not operate commission arrangements with solicitors. Some agents and online brokers 'recommend' solicitors paying the highest commission, as opposed to the best value conveyancing in St Leonard Shoreditch
Our conveyancing solicitor in St Leonard Shoreditch has requested from me proof of ID documents saying that this is part of his legal duty as a solicitor on the bank Solicitor panel. Is this right?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the mortgage company. This is not unique to conveyancing in St Leonard Shoreditch