In what way does my ID and proof of funds have anything to do with my conveyancing in Purley? Is this really necessary?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Purley. Nowadays you can not complete any conveyancing process in the absence handing over proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are providing your driving licence as evidence of identification it needs to be both the paper section as well as the photo card part, one is not satisfactory in the absence of the other.
Proof of the origin of money is required under Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancer will need to have this information on record. Your Purley conveyancing solicitor will require evidence of proof of funds prior to accepting any monies from you into their client account and they will also ask further questions regarding the source of funds.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Purley?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Purley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm converting the mortgage on my existing property to a buy to let mortgage with Santander and I will use the rest of the raised equity as a down payment on another house. The neighborhood we are interested in is Purley. Will your conveyancers be able to act for the two mortgage companies and link together the transactions?
Do use our search tool on this site to ensure that the lawyers are approved by both banks. Assuming that they are the lawyer will be able to tie up the two transactions but you should have a chat with you conveyancer and make apparent your expectations and needs.
I need to retain a conveyancing solicitor for sale conveyancing in Purley. I happened to stumble across a web site which looks to be the perfect solution If there is a chance to get all the legals completed via email that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I own a leasehold flat in Purley. Conveyancing and The Mortgage Works mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1991. The conveyancing solicitor in Purley who previously acted has long since retired. Any advice?
First make enquiries of HMLR to make sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Purley conveyancing firm to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have given up trying to reach an agreement for a lease extension in Purley. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most certainly. We can put you in touch with a Purley conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Purley flat is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case affected 6 flats. The remaining number of years on the lease was 78.32 years.