Do the conveyancing lawyers identified via your search tool handle auction conveyancing in West Smithfield?
There are a number of niche practitioners we can connect you with those specialising in auction conveyancing. West Smithfield is just one of the many locations in which our lawyers are based.
What does my ID and proof of funds have anything to do with my conveyancing in West Smithfield? Is this really warranted?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in West Smithfield. However these days you will not be able to proceed with any conveyancing process if you have not providing proof of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a council tax bill. Please note that if you are supplying your driving licence as proof of identification it needs to be both the paper section and photo card part, one is not satisfactory in the absence of the other.
Verification of the origin of funds is required in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer must have this information on record. Your West Smithfield conveyancing practitioner will need to see evidence of proof of funds prior to accepting any monies from you into their client account and they may also ask further questions regarding the source of funds.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a property in West Smithfield? or I am told that there is a law dating back centuries that means some house owners living in a parish church boundary may be liable to contribute towards repairs to the chancel in proximity to the church. Is this a legitimate concern for conveyancing in West Smithfield?
Unless a prior purchase of the premises took place post 12 October 2013 you may expect solicitors conducting conveyancing in West Smithfield to remain encouraging a chancel search and or insurance against a claim.
Me and my brother own a renovated Victorian house in West Smithfield. Conveyancing practitioner acted for me and Bank of Scotland. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold under the exact same address. Is it worth asking Bank of Scotland to clarify?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in West Smithfield and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing practitioner who conducted the purchase.
What does commercial conveyancing in West Smithfield cover?
Commercial conveyancing in West Smithfield incorporates a broad array of advice, offered by qualified solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
Due to sign contracts shortly on a ground floor flat in West Smithfield. Conveyancing lawyers assured me that they report fully on Monday. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in West Smithfield should include some of the following:
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specifics of the parties to the lease, for instance these could be the (you), superior lessor, freeholder The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Additions to the property It needs to be made clear to you if the lease allows you to alter or improve anything in the property- you should be made aware as to whether any restrictions applies to all alterations or just structural alteration, and whether consent is required
I am the registered owner of a garden flat in West Smithfield. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?
if there is a missing freeholder or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to make a decision on the amount due.
An example of a Lease Extension decision for a West Smithfield property is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case related to 1 flat. The unexpired residue of the current lease was 66.8 years.