My IFA has asked me for my Hyde Park lawyer’ panel member for the Santander conveyancing panel. What is the best way to find this out. I have e-mailed my local Hyde Park office but they have not got back to me yet.
The sensible thing to do is ask for this information from your Hyde Park conveyancer . Most Hyde Park conveyancing practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
My fiancee and I are purchasing our first property. Our lawyer has calledto ask if we would like to order extra conveyancing searches. We are really unsure what's recommended for conveyancing in Hyde Park
The range of Hyde Park conveyancing searches depends primarily on the premises, the location, the possibility of any of these risks, your familiarity of the region and risks, your overall appetite to risk. What is important is that you properly appreciate what information each search could supply. You may then decide if you consider that you need that search. Should you be uncertain, ask the lawyer to guide you.
What does my ID and proof of funds have anything to do with my conveyancing in Hyde Park? Is this really necessary?
It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Hyde Park. Nowadays you can not proceed with any conveyancing deal if you have not supplying proof of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are supplying your driving licence as evidence of identification it needs to be both the paper part as well as the photo card part, one is not acceptable without the other.
Verification of your origin of money is necessary under Money Laundering Regulations. You should not be offended when you are asked to produce this as your lawyer must have this information on file. Your Hyde Park conveyancing lawyer will need to see evidence of proof of funds prior to accepting any monies from you into their client account and they may also ask additional questions concerning the source of monies.
My relative suggested that if I am buying in Hyde Park I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Hyde Park conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Hyde Park around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Hyde Park Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Hyde Park Education with plans and statistics, Local Amenities and other useful information about Hyde Park.
Just had an offer accepted on a new build apartment in Hyde Park. 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 conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Hyde Park
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?