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

Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with before they can accept their conveyancing instruction. The Terms and Conditions that you need to sign should confirm this. Your lender will also require certain documents to be checked. If you are unwilling to provide ID verification documents, your solicitor will not be able to take you on as a client.

I have been told that property searches are the number one cause of stalling in Bispham house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays during the legal transfer of property. Local searches are not likely to feature in any delay in conveyancing in Bispham.

In what way does the Landlord & Tenant Act 1954 affect my business offices in Bispham and how can your lawyers assist?

The 1954 Act affords protection to commercial leaseholders, granting the legal entitlement to apply to court for a new tenancy and remain in occupation at the end of an expired lease. There are limited grounds where a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Bispham is one of the many locations in which our lawyers are based

I've found a house that appears to meet my requirements, at a great figure which is making it all the more appealing. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Bispham. Conveyancing lawyers have not yet been instructed. Will they explain the issues?

The majority of houses in Bispham are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. it is apparent that you are buying in Bispham in which case you should be looking for a Bispham conveyancing practitioner and check that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. As a tenant you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example requiring the landlord’sconsent to carry out alterations. You may also be required to pay a contribution towards the upkeep of the estate where the house is part of an estate. Your solicitor should advise you fully on all the issues.

Leasehold Conveyancing in Bispham - Examples of Queries before buying

It would be prudent to find out if the the lease includes any onerous restrictions in the lease. For instance it is fairly common in Bispham leases that pets are not allowed in certain buildings in Bispham. If you love the apartmentin Bispham however your dog is not allowed to make the move with you then you have a very hard choice. Who is in charge of the building?

When it comes to my conveyancing in Bispham should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee

(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Bispham conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancer's time in submitting the funds this way.