My IFA requires my Barnsbury solicitor’s panel member for the Nationwide conveyancing panel. How do I find this out. I have called my local Barnsbury branch but they have not got back to me yet.

The sensible thing to do is ask for this information from your Barnsbury solicitor . Most Barnsbury law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.

In what way does my ID and proof of funds have anything to do with my conveyancing in Barnsbury? Why is this being asked of me?

In order to comply with Money Laundering Regulations any Barnsbury 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 bill showing where you reside.

In accordance with Money Laundering Regulations, property lawyers are obliged by law to ascertain not just the identity of conveyancing clients but also the origin of fund that they receive in respect of any matter. Refusal to disclose this may result in your solicitor ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers will have an obligation to make a disclosure to the appropriate authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.

In looking at consumer advice sites for an online lawyer in Barnsbury, most advise that I must instruct a CQS kitemarked lawyer. Can you explain what CQS is?

The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to prudent and efficient conveyancing processes through the scheme protocol It covers numerous organisations who execute conveyancing in Barnsbury.

In what way does the Landlord & Tenant Act 1954 impact my commercial premises in Barnsbury and how can you help?

The particular law that you refer to gives a safeguard to business leaseholders, granting the dueness to apply to court for a new tenancy and remain in occupation at the end of the lease term. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Barnsbury is one of our hundreds of locations in which the firms we work with have offices

Due to sign contracts shortly on a leasehold property in Barnsbury. Conveyancing lawyers assured me that they report fully within the next couple of days. What should I be looking out for?

The report on title for your leasehold conveyancing in Barnsbury should include some of the following:

Details of the parties to the lease, for example these could be the tennant, head lessor, freeholder The landlord’s rights to access the premises. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? Changes to the flat Whether your lease provides for a sinking account for major repairs?

I have tried to negotiate informally with with my landlord to extend my lease without success. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Barnsbury conveyancing firm to assist?

in cases where there is a missing freeholder or if there is disagreement about what the lease extension should cost, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to arrive at the premium.

An example of a Lease Extension decision for a Barnsbury residence is Flat 120, Clare Court Judd Street in August 2013. the Tribunal held that the premium to be paid for the extension of the lease should be £64,650 This case affected 1 flat. The unexpired term as at the valuation date was 62.79 years.