What does my ID and proof of funds have anything to do with my conveyancing in Burton Latimer? What am I being asked for?

It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Burton Latimer. Nowadays you can not proceed with any conveyancing process without first providing proof of your identity. This usually takes the form of a either your passport or driving licence plus a utility bill. Please note that if you are supplying your driving licence as evidence of identification it needs to be both the paper part and photo card part, one is not acceptable without the other.

Evidence of your source of monies is required under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your lawyer must have this information on record. Your Burton Latimer conveyancing practitioner will require evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask further questions concerning the source of funds.

Do commercial conveyancing searches disclose impending roadworks that could impact a commercial land in Burton Latimer?

Its becoming the norm that commercial conveyancing solicitors in Burton Latimer will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Burton Latimer. 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 Burton Latimer.

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

Despite weeks of looking the Title Certificate and documents to my house are lost. The conveyancers who did the conveyancing in Burton Latimer 4 years ago have long since closed. What do I do?

Gone are the days when you need to hold title original deeds to establish that you are the owner of your registered land or premises, as the Land Registry hold details of all registered land or property electronically.

I have been pointed in your direction by two or three local estate agents in Burton Latimer to find a property lawyer using your seach tool. What’s the financial upside for Estate Agents to recommend your site over and above alternative conveyancing organisations?

We don’t offer any commission for sending work in our direction. We thought it would be too underhand to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.

Can you provide any advice for leasehold conveyancing in Burton Latimer from the point of view of expediting the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Burton Latimer can be avoided where you appoint lawyers as soon as your agents start marketing the property and request that they start to put together the leasehold documentation needed by the buyers’ representatives.
If you have had conflict with your freeholder or managing agents it is essential that these are resolved before the property is put on the market. The buyers and their solicitors will be reluctant to purchase a flat where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as historic rather than unsettled. You believe that you know the number of years remaining on your lease but it would be wise to double-check by asking your conveyancers. A purchaser's lawyer will not be happy to advise their client to to exchange contracts if the remaining number of years is less than 80 years. In the circumstances it is essential at an as soon as possible that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. If you are supposed to have a share in the freehold, you should make sure that you have the original share document. Obtaining a new share certificate is often a time consuming formality and slows down many a Burton Latimer conveyancing transaction. If a new share certificate is needed, do contact the company director and secretary or managing agents (where relevant) for this at the earliest opportunity. If you have carried out any alterations to the property would they have required Landlord’s consent? Have you, for example installed wooden flooring? Most leases in Burton Latimer state that internal structural alterations or addition of wooden flooring require a licence from the Landlord acquiescing to such works. Should you fail to have the consents to hand you should not communicate with the landlord without checking with your lawyer in advance.

Burton Latimer Conveyancing for Leasehold Flats - Sample of Queries before Purchasing

Most Burton Latimer leasehold properties will be liable to pay a service charge for maintenance of the block invoiced by the freeholder. Should you acquire the flat you will have to pay this contribution, normally periodically throughout the year. This can differ from several hundred pounds to thousands of pounds for bigger purpose-built buildings. In all likelihood there will be a ground rent to be met annual, normally this is not a significant sum, say approximately £25-£75 but you need to check it because sometimes it could be surprisingly expensive. The answer will be helpful as a) areas may cause problems for the building as the communal areas may start to deteriorate where services remain unpaid b) if the leaseholders have a dispute with the managing agents you will wish to have all the details Please note if it is less than 80 years it will impact the salability of the flat. Check with your lender that they are content with residual term of the lease. Leases with fewer than 80 years remaining means that you will most likely require a lease extension at some point and you need to have some idea of how much this would cost. For most Burton Latimerlease extensions you would need to own the property for 24 months in order to be eligible to extend the lease.