Can the conveyancing solicitors via your comparison service execute conveyancing in Malpas by way of an attended exchange?

We do have a number of conveyancing experts who can conduct personalised exchanges. You should e-mail us to secure a conveyancing quote and details as to dates.

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

In order to comply with Money Laundering Regulations any Malpas conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility account showing your correct address.

Under Money Laundering Regulations, property lawyers are required to validate not just the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this will lead to your conveyancer 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 make a disclosure to the relevant authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.

I am purchasing my first flat in Malpas benefiting from help to buy. The builders refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent suggested that I not reveal to my lawyer about this side-deal as it may impact my loan with Alliance & Leicester . Is this normal?.

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.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Malpas is where the house is located. Can you offer any guidance?

Flying freeholds in Malpas are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Malpas you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Malpas 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 residence.

Can you provide any advice for leasehold conveyancing in Malpas from the point of view of expediting the sale process?

• Much of the frustration in leasehold conveyancing in Malpas can be reduced if you appoint lawyers the minute you market your property and ask them to collate the leasehold information needed by the purchasers’ representatives.
In the event that you altered the property did you need the Landlord’s consent? In particular have you installed wooden flooring? Malpas leases often stipulate that internal structural alterations or addition of wooden flooring necessitate a licence issued by the Landlord approving such changes. Where you dont have the approvals in place you should not contact the landlord without contacting your solicitor in advance. If there is a history of any disputes with your freeholder or managing agents it is essential that these are resolved before the property is put on the market. The buyers and their solicitors will be reluctant to purchase a property where a dispute is ongoing. You will have to accept that you will have to pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is clearly preferable to present the dispute as historic as opposed to unresolved. You may think that you are aware of the number of years left on your lease but it would be advisable verify this via your lawyers. A buyer’s lawyer will be unlikely to recommend their client to to exchange contracts if the lease term is under 75 years. It is therefore important at an as soon as possible that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale.

Leasehold Conveyancing in Malpas - A selection of Questions you should ask Prior to buying

Its a good idea to find out as much as you can concerning the company managing the building as they will either make your life much simpler or uncomfortable. As the proprietor of a leasehold property you will be in the clutches of the managing agents from a financial perspective and when it comes to every day issues like the cleanliness of the common parts. Enquire of other tenants what they think of them. Finally, investigate as to the dates that the service fees are due to the managing agents and specifically what it includes. How much is the annual maintenance fee and ground rent?