Can the conveyancing lawyers that you recommend carry out right to buy conveyancing in Kempston?

We do have a number of conveyancing solicitors carrying out right to buy conveyancing work Please e-mail us in order to get a costs calculation.

In what way does my ID and proof of funds have anything to do with my conveyancing in Kempston? Is this really necessary?

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

In accordance with Money Laundering Regulations, property lawyers are duty bound to ascertain not only the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. Refusal 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 conveyancers will have an obligation to inform the relevant authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.

I am buying my first flat in Kempston with a loan from HSBC Bank. The sellers would not move on the amount so I negotiated 6k of extras instead. The estate agent told me not to tell my lawyer about the extras as it may adversely affect my mortgage with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

My partner has recommend that I instruct his conveyancing solicitors in Kempston. Should I use them?

There are no two ways about it the best way to find a conveyancing practitioner is to get feedback from friends or relatives who have experience in using the conveyancer that you are considering.

What are your top tips when it comes to finding a Kempston conveyancing practice to deal with our lease extension?

If you are instructing a conveyancer for lease extension works (regardless if they are a Kempston conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We recommend that you talk with several firms including non Kempston conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:

Can they put you in touch with clients in Kempston who can give a testimonial? What are the charges for lease extension conveyancing?

I purchased a leasehold flat in Kempston, conveyancing formalities finalised 3 years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Kempston with over 90 years remaining are worth £260,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease finishes on 21st October 2099

With 74 years remaining on your lease we estimate the price of your lease extension to range between £8,600 and £9,800 plus legals.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.