What does my ID and proof of funds have anything to do with my conveyancing in Appleby In Westmorland? Why is this being asked of me?

It is indeed that case that these requests have nothing to do with conveyancing in Appleby In Westmorland. However these days you will not be able to complete any conveyancing deal 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 utility bill. Remember if you are providing your driving licence as evidence of identification it must be both the paper section as well as the photo card part, one is not satisfactory in the absence of the other.

Evidence of your origin of monies is necessary under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancer must have this information on record. Your Appleby In Westmorland conveyancing lawyer will require evidence of proof of funds before they are able to accept any monies from you into their client account and they may also ask further questions concerning the origin of monies.

I'm buying a new build house in Appleby In Westmorland with the aid of help to buy. The developers would not budge the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep told me not disclose to my solicitor about this deal as it would impact my mortgage with Halifax. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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.

I have been pointed in your direction by a few estate agents in Appleby In Westmorland to select a conveyancer on your site. What’s the financial upside for Estate Agents to recommend your services over and above another?

We refuse to offer any commission for directing people to this site. We found it would be just too difficult a fee as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

I have just appointed agents to market my garden apartment in Appleby In Westmorland. Conveyancing lawyers have not yet been instructed, however I have just received a yearly service charge invoice – what should I do?

The sensible thing to do is pay the invoice as normal because all ground rent and maintenance charges should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I acquired a leasehold flat in Appleby In Westmorland, conveyancing formalities finalised in 1999. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Appleby In Westmorland with a long lease are worth £192,000. The ground rent is £55 yearly. The lease ceases on 21st October 2078

You have 54 years left to run we estimate the premium for your lease extension to range between £32,300 and £37,400 as well as legals.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.

I am hoping to put an offer on a small detached house that seems to meet my requirements, at a great figure which is making it more attractive. I have just been informed that the title is leasehold as opposed to freehold. I would have thought that there are issues purchasing a leasehold house in Appleby In Westmorland. Conveyancing solicitors have not yet been appointed. Will they explain the issues?

The majority of houses in Appleby In Westmorland are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area can assist with the conveyancing process. it is apparent that you are purchasing in Appleby In Westmorland in which case you should be looking for a Appleby In Westmorland conveyancing solicitor and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example requiring the freeholder’sconsent to carry out alterations. You may also be required to pay a service charge towards the maintenance of the estate where the house is part of an estate. Your lawyer should advise you fully on all the issues.