Why would I appoint a Nunhead conveyancing company given that online alternatives are more affordable?

By all means make sure that you contrast conveyancing costs in Nunhead and you should seek a competitive estimate but don’t be focused with looking for the lowest priced Nunhead conveyancer. Locating the right conveyancer can be the distinction between a seamless and a distressing house move. It is important that you ensure that you have expert advice from a trusted lawyer. An e-mail can never replace a phone conversation and are no substitute for a one to one appointment. The firms that we work with will appoint you a qualified and top rated conveyancing solicitor that will tackle your conveyancing from start to finish, giving the sort of hand holding that you are unlikely to received from an online conveyancer. Our lawyers will contact you regularly to update you on any developments making sure that you are regularly updated. If you ever need to call the office you will be sure who to ask for and we'll be sure you're not left wondering what's going on.

What does my ID and proof of funds have anything to do with my conveyancing in Nunhead? What am I being asked for?

Nunhead conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to check the ID of any client in order to ensure that clients are who they say they are.

Conveyancing clients will need to produce two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement no older than three months).

Proof of the origin of monies is also necessary under the money laundering regulations as solicitors are required to check that the funds you are utilising to acquire a property (whether it be the deposit for exchange or the total purchase monies if you are buying mortgage free) has originated from an acceptable source (such as employment savings) and is not the fruits of illegitimate behaviour.

It has been three months following my purchase conveyancing in Nunhead concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am a negotiator for a busy estate agent office in Nunhead where we see a number of flat sales put at risk due to short leases. I have been given inconsistent advice from local Nunhead conveyancing firms. Please can you confirm whether the vendor of a flat can initiate the lease extension formalities for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Nunhead conveyancing firm to act on my behalf?

in cases where there is a missing landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to determine the sum to be paid.

An example of a Freehold Enfranchisement decision for a Nunhead residence is 41 Endwell Road in March 2013. this matter relateed to the acquisition of the freehold of a mid- terraced Victorian house converted into three separate self-contained dwellings. By an order dated 28/11/2012, Deputy District Judge Cole in the Bromley County Court held that the leaseholders were entitled to acquire the freehold and directed that the premium payable be determined by this Tribunal. The Tribunal assessed the premium to be £14,753 This case related to 3 flats. The unexpired lease term was 80.01 years.

I'm purchasing a house in Nunhead. I have found my conveyancer's company on the CLC list, but I can't locate my lawyer's name on the list. Should I be concerned?

Not every individual in the law firm must be listed by the regulator. As long there is a manager qualified to 'oversee' the conveyancing, the actual day-to-day activity can be undertaken by unlicensed staff.