In what way does my ID and proof of funds have anything to do with my conveyancing in East Sheen? What am I being asked for?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identification documents of the potential client they are dealing with before they can accept their conveyancing instruction. The Terms of Engagement that you need to sign should stipulate this. Your lender will also require certain documents to be viewed. Should you are unwilling to hand over ID verification documents, your solicitor would not be able to accept instructions from you.
I am selling my flat in East Sheen. Will the conveyancing practitioner have to be required to be on the Santander conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Santander conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
Just had an offer accepted on a new build flat in East Sheen. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in East Sheen
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I opted to have a survey done on a house in East Sheen prior to appointing solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some banks may not grant a loan on this type of house.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in East Sheen. Conveyancing may be slightly more expensive based on your lender's requirements.
Are you able to clarify the aspects of conveyancing supplied by East Sheen conveyancing solicitors?
For the most part East Sheen conveyancing firms will handle a wide range of legal advice to residential and agricultural land proprietors, sellers, first time buyers, freeholders and tenants such as:
Standard residential sale conveyancing in East Sheen and throughout the rest of the country
Private residential purchase conveyancing in East Sheen and beyond
East Sheen conveyancing for Buying off mortgagees in possession in and outside of East Sheen Leasehold and freehold schemes for new build and conversion projects representing landlords and seeking possession against tenants, licensees or squatters in and outside of East Sheen All types of leasehold property including, flats and maisonettes