What does my ID and proof of funds have anything to do with my conveyancing in Haringey? Is this really necessary?
In order to comply with Money Laundering Regulations any Haringey conveyancing firm will require evidence of your identity in all conveyancing matters. This is usually satisfied by provision of a passport and an original bank statement or utility account evidencing your correct address.
Under Money Laundering Regulations, conveyancing solicitors are duty bound to validate not just the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this will result in your conveyancer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers are duty bound to inform the appropriate authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
I require fast conveyancing in Haringey as I am faced with a deadline to exchange contracts within 3 weeks. Fortunately I do not need a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are not getting a home loan you have the choice not to do searches although no lawyer would suggest that you don't. Drawing on our experience of conveyancing in Haringey the following are instances of what can appear and adversely impact future saleability: Enforcement Actions, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
I'm refinancing my current house to a BTL mortgage with Birmingham Midshires and I will use the rest of the raised equity as a deposit on a second property. The area we are talking about is Haringey. Will your conveyancers be able to act for the two lenders and link together the transactions?
Do use our search tool on this site to check that the conveyancers are on the appropriate lender panels. Assuming that they are the solicitor will be able to connect the two transactions but you should talk with you lawyer and make clear your expectations and needs.
I am tempted by the attractive purchase price for a two maisonettes in Haringey which have approximately fifty years remaining on the leases. Should I regard a short lease as a deal breaker?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease gets shorter the value of the lease reduces and results in it becoming more costly to extend the lease. For this reason it is generally wise to extend the lease term. It is often difficult to sell a property with a short lease as mortgage lenders may be unwilling to lend money on properties of this type. Lease extension can be a difficult process. We recommend you seek professional assistance from a conveyancer and surveyor with experience in this arena.
Having spent months of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Haringey. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
You certainly can. We can put you in touch with a Haringey conveyancing firm who can help.
An example of a Lease Extension case for a Haringey premises is 16 Langham Close in June 2009. The Tribunal determined that the premium to be paid by the Applicant to the Respondent for the grant of a new lease was £45,672. This case affected 1 flat. The remaining number of years on the lease was 25.4 years.
What are the specific benefits to instructing a high street conveyancing practitioner in Haringey
Home movers in Haringey select a nearby high street conveyancer so that they can visit just in case they have questions, and to deliver documents without using the post.
There is a slight advantage when selecting a solicitor nearby to the premises you are buying, due to the in-depth knowledge of the area and possible local concerns - but this is debatable. Many conveyancers are now online and may be any place in the world.