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Recently asked questions about conveyancing in Carbis Bay

What does my ID and proof of funds have anything to do with my conveyancing in Carbis Bay? Is this really necessary?

In order to comply with Money Laundering Regulations any Carbis Bay conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing where you live.

In accordance with Money Laundering Regulations, property lawyers are duty bound to validate not just the identity of conveyancing clients but also the origin of monies that they receive in respect of any matter. Refusal to disclose this will lead to your lawyer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your property lawyers will have an obligation to notify the relevant authorities should they consider that any monies received by them may contravene the Money Laundering Regulations.

Are there restrictive covenants that are commonly identified during conveyancing in Carbis Bay?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Carbis Bay. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Carbis Bay is where the house is located. Can you offer any guidance?

Flying freeholds in Carbis Bay are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Carbis Bay you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Carbis Bay may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

In what way does the Landlord & Tenant Act 1954 impact my business premises in Carbis Bay and how can your lawyers assist?

The 1954 Act provides protection to business tenants, giving them the dueness to make a request to court for a renewal lease and remain in occupation at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act for protection and handle your commercial conveyancing in Carbis Bay

Do online conveyancing companies undertake everything a high street Carbis Bay solicitor does or must I employ a solicitor for the final stages for my conveyancing in Carbis Bay?

If you use an online conveyancer they will undertake all the work your Carbis Bay conveyancer will cover.

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Neighbouring Locations

St Ives
Carbis Bay
Hayle
Mousehole
Penzance
Marazion
Porthleven

Find out more about how flying freehold can affect your the value of a property.