In what way does my ID and proof of funds have anything to do with my conveyancing in Chadwell Heath? Is this really warranted?
You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Chadwell Heath. Nowadays you will not be able to complete any conveyancing deal if you have not handing over evidence of your identity. This usually takes the form of a either your passport or driving licence and a council tax bill. Remember if you are supplying your driving licence as proof of ID it needs to be both the paper section and photo card part, one is not acceptable without the other.
Evidence of your source of funds is required under Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer must retain this information on file. Your Chadwell Heath conveyancing lawyer will require evidence of proof of funds before they are able to accept any money from you into their client account and they will also ask further questions concerning the source of monies.
Are there restrictive covenants that are commonly identified as part of conveyancing in Chadwell Heath?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Chadwell Heath. 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…’
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a straight forward, chain free conveyancing. Chadwell Heath is where the house is located. Can you shed any light on this issue?
Flying freeholds in Chadwell Heath are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chadwell Heath you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chadwell Heath may ascertain 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 premises.
I need to appoint a conveyancing solicitor for leasehold conveyancing in Chadwell Heath. I've stumble across a web site which appears to be the ideal offering If it is possible to get all this stuff done via phone that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I've recently bought a leasehold flat in Chadwell Heath. Do I have any liability for service charges for periods before my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I inherited a two-bedroom flat in Chadwell Heath. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for the purchase of the freehold?
Where there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the LVT to arrive at the price.
An example of a Lease Extension matter before the tribunal for a Chadwell Heath residence is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case was in relation to 1 flat. The unexpired residue of the current lease was 61.36 years.