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Recently asked questions about conveyancing in Birchgrove

In what way does my ID and proof of funds have anything to do with my conveyancing in Birchgrove? What am I being asked for?

Birchgrove conveyancing solicitors as well as nationwide property lawyers throughout the UK have an obligation under money laundering regulations to verify the identity of any client in order to ensure that clients are who they say they are.

Conveyancing clients will need to produce two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and evidence of address (usually a Bank Statement less than 3 months old).

Confirmation of source of monies is also necessary in compliance with the money laundering regulations as solicitors have a duty to ensure that the funds you are using to acquire a property (whether it be the deposit for exchange or the total purchase price if you are buying mortgage free) has originated from a reputable source (such as employment savings) rather than the fruits of criminal activity.

Should commercial conveyancing searches reveal impending roadworks that could affect a commercial estate in Birchgrove?

Many commercial conveyancing solicitors in Birchgrove will conduct a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Birchgrove. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Birchgrove.

For each commercial conveyancing transaction in Birchgrove it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Birchgrove commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for residential conveyancing in Birchgrove.

As co-executor for the will of my aunt I am selling a property in Monmouth but reside in Birchgrove. My lawyer (based 250 kilometers from merequires that I sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing lawyer in Birchgrove to witness and place their company stamp on the document?

strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are located in Birchgrove

Harry (my fiance) and I may need to rent out our Birchgrove garden flat for a while due to a career opportunity. We instructed a Birchgrove conveyancing firm in 2001 but they have closed and we did not think at the time get any advice as to whether the lease permits subletting. How do we find out?

Some leases for properties in Birchgrove do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably refuse but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

Birchgrove Conveyancing for Leasehold Flats - Sample of Questions you should consider before buying

    How much is the yearly maintenance fee and ground rent? Who is in charge of the block?

When it comes to my conveyancing in Birchgrove should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee

(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Birchgrove conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancer's time in submitting the funds this way.

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