In what way does my ID and proof of funds have anything to do with my conveyancing in Altrincham? Why is this being asked of me?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you are required to sign will no doubt confirm this. Your lender will also require certain documents to be viewed. Should you are unwilling to supply identification documents, your solicitor would not be able to act for you.
We are selling our home in Altrincham and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A high street Altrincham lawyer would know this is not the case. For the life of me I don't know why the purchasers are using a factory type conveyancing outfit as opposed to a conveyancing solicitor in Altrincham. Having lived in Altrincham for 5 years we know that this is a non issue. Should we get in touch with our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
four months have gone by since my purchase conveyancing in Altrincham completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Back In 2009, I bought a leasehold flat in Altrincham. Conveyancing and The Royal Bank of Scotland mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1994. The conveyancing practitioner in Altrincham who previously acted has now retired. Any advice?
The first thing you should do is contact HMLR to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. There is no need to instruct a Altrincham conveyancing practitioner to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a split level flat in Altrincham, conveyancing having been completed 8 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Altrincham with a long lease are worth £190,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease runs out on 21st October 2080
You have 62 years unexpired the likely cost is going to span between £17,100 and £19,800 plus costs.
The figure above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
My offer on house in Altrincham has been accepted, but there is a chain. The owners have offered on a property, however it’s not yet tied up, and are looking at other flats in the pipeline. I have selected a nearby conveyancing lawyer in Altrincham. What should be my next step? At what stage should I apply for the mortgage with Santander?
It is standard to have apprehensions where there is an associated chain as you are unlikely to want to incur expenses prematurely (mortgage application is in the region of £1k, then valuation, Altrincham conveyancing search charges, etc). First, you should ensure that your property lawyer is on the Santander approved list. Concerning the next steps this very much dictated by the uniqueness of your case, desire for the property and on the state of the market. In a hot market many home buyers would apply for a home loan with Santander and pay for the survey and only if it was satisfactory would they pay their conveyancer to proceed with searches.