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

In order to comply with Money Laundering Regulations any Chiswick conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility account showing where you reside.

Under Money Laundering Regulations, conveyancing solicitors are duty bound to investigate not simply the identity of conveyancing clients but also the source of the money that they receive in respect of any matter. An unwillingness to disclose this may result in your lawyer terminating their retainer 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 inform the appropriate authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.

Can you point me to a directory of Coventry BS panel conveyancers in Chiswick on the Council of Mortgage Lender’s Website?

Unfortunately not yet. There is no such tool on the CML or Building Society Association websites. A small selection of mortgage companies make their panel listings available on the web. Where you are looking for a Chiswick conveyancer on the Coventry BS please use our tool.

We previously chose solicitors based in Chiswick on the Coventry BS solicitor approved list. They are now charging me a supplemental amount for the legal aspects of the Coventry BS mortgage. Is this a supplemental conveyancing fee specified by Coventry BS?

Unfortunately, so long as it is in their Terms and Conditions or Quote then yes your conveyancer may levy a fee for this. This fee is not dictated by Coventry BS but by your Chiswick conveyancing practitioner. Plenty of firms on the Coventry BS panel will quote ’dealing with mortgage’ fee and others do not.

The mortgage over my property is with Leeds Building Society for my property in Chiswick. Conveyancing was finalised 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Leeds Building Society?

You must advise Leeds Building Society prior to letting out your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Leeds Building Society directly. You need not do this via a Leeds Building Society conveyancing panel solicitor.

I got the keys to my apartment on 6 August and my personal details are still not registered. Any reason for this? My conveyancing solicitor in Chiswick expressed confidence that it would be concluded in less than a month. Are transfers in Chiswick uniquely lengthy to register?

There is nothing unique about conveyancing in Chiswick registration formalities. Rather than based on location, timeframes can vary depending on who lodges the application, whether there are errors and whether the Land registry have to notify any other persons or bodies. Currently in the region of three quarters of submission are fully addressed in less than three weeks but some can be subject to longer delays. Historically registration is effected once the buyer has moved in to the premises therefore 'speed' is not usually top priority but if there is a degree of urgency associated with the registration then you or your conveyancer must communicate with the Registry to express the reasoning for the application to be prioritised.

I am looking into buying my first house which is in Chiswick and I am already nervous. I couldn't find anything specific about Chiswick. Conveyancing will be needed in due course but do you know about the Chiswick area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Chiswick. In the meantime here are some basic statistics that we found

I've recently bought a leasehold property in Chiswick. Do I have any liability for service charges for periods before my ownership?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element 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 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 Chiswick conveyancing firm to assist?

if there is a missing landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to determine the premium.

An example of a Lease Extension case for a Chiswick premises is Flat 1 30 Ennismore Avenue in September 2010. the Tribunal adopted and arrived at a premium for the lease extension of £29, 900 This case related to 1 flat. The unexpired residue of the current lease was 68.34 years.