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

It is indeed that case that these requests have nothing to do with conveyancing in Clerkenwell. However these days you can not complete any conveyancing process without first submitting evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence and a utility bill. Remember if you are supplying your driving licence as evidence of ID it must be both the paper section and photo card part, one is not satisfactory in the absence of the other.

Proof of the origin of money is mandated under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancing solicitor will need to have this information on record. Your Clerkenwell conveyancing practitioner will require evidence of proof of funds before they are able to accept any monies from you into their client account and they will also ask additional questions regarding the origin of funds.

What can a local search inform me about the property my wife and I buying in Clerkenwell?

Clerkenwell conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations such as PSG The local search plays a central role in most Clerkenwell conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your new home. The search will reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.

I am buying a new build apartment in Clerkenwell. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Clerkenwell

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision.

I am looking for a flat up to £245,000 and found one near me in Clerkenwell I like with amenity areas and transport links nearby, the downside is that it's only got 49 years on the lease. I can't really find anything else in Clerkenwell suitable, so just wondered if I would be making a mistake purchasing a short lease?

Should you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.

Taking into account that I am about to spend hundreds of thousands of pounds on a terraced house in Clerkenwell I would like to have a conversation with the conveyancer concerning thehouse move before appointing the firm. Can this be arranged?

This is something that we encourage - we would be pleased to talk to you we do not take any clients on without you liaising with the lawyer who will be carrying out your conveyancing in Clerkenwell.There is no ‘factory style conveyancing’ - each client is an important person, not a file number. The practices that we put you in touch with believe that the figure you are provided with for residential conveyancing in Clerkenwell should be the amount on the final invoice that you are charged.