What does my ID and proof of funds have anything to do with my conveyancing in Tredegar? Is this really warranted?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing business. The Terms of Engagement that you are required to sign will no doubt reaffirm this. Your lender will also require certain documents to be viewed. If you refuse to supply identification documents, your solicitor would not be able to act for you.
I have 71 years remaining on my lease and need a lease extension for my flat in Tredegar. Conveyancing solicitors on the Platform panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 2/9/2024 the requirements read as follows :
Do commercial conveyancing searches reveal planned roadworks that could affect a commercial site in Tredegar?
Many commercial conveyancing solicitors in Tredegar will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Tredegar. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Tredegar.
For each commercial conveyancing transaction in Tredegar it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Tredegar commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Tredegar.
Me and my brother have a semi-detached Georgian house in Tredegar. Conveyancing solicitor represented me and TSB. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the matching property. Is it worth asking TSB to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Tredegar and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing solicitor who conducted the conveyancing.
I was pointed in your direction by numerous selling agents in Tredegar to locate a conveyancer on your site. Is there a financial advantage for Estate Agents to offer your lawyers over and above a competitor’s?
We refuse to make any referral fee for sending work in our direction. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.