What does my ID and proof of funds have anything to do with my conveyancing in Northamptonshire? Is this really warranted?
You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Northamptonshire. However these days you will not be able to proceed with any conveyancing process without first handing over proof of your identity. This usually takes the form of a either your passport or driving licence and a utility bill. Please note that if you are providing your driving licence as evidence of ID it needs to be both the paper element and photo card part, one is not sufficient without the other.
Evidence of your source of funds is required in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer will need to have this information on record. Your Northamptonshire conveyancing practitioner will need to see evidence of proof of funds prior to accepting any funds from you into their client account and they will also ask further queries concerning the source of funds.
What does commercial conveyancing in Northamptonshire cover?
Commercial conveyancing in Northamptonshire covers a broad array of guidance, given by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I am looking for a conveyancing practitioner in Northamptonshire for my house move. Can I check a firm’s record with the legal regulator?
One may search for documented Solicitor Regulator Association (SRA) decisions arising from investigations commenced on or after 1 January 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA sometimes monitor call for training reasons.
Having checked my lease I have discovered that there are only 72 years unexpired on my flat in Northamptonshire. I am keen to get lease extension but my freeholder is absent. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. However, you will be required to demonstrate that you have used your best endeavours to locate the lessor. On the whole an enquiry agent should be helpful to try and locate and to produce an expert document which can be accepted by the court as proof that the landlord can not be located. It is advisable to get professional help from a conveyancer in relation to devolving into the landlord’s disappearance and the vesting order request to the County Court covering Northamptonshire.
I acquired a 2 bed flat in Northamptonshire, conveyancing formalities finalised in 1995. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Northamptonshire with over 90 years remaining are worth £201,000. The ground rent is £45 per annum. The lease runs out on 21st October 2090
With only 64 years left to run we estimate the premium for your lease extension to be between £15,200 and £17,600 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.
How up-to-date is your database of lawyers on the lender conveyancing panel in Northamptonshire? Do the mortgage companies send you an updated list?
Northamptonshire law firm practices and firms conducting conveyancing in Northamptonshire themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the lender directly.