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

In order to comply with Money Laundering Regulations any Forest Gate conveyancing firm will require proof of identity in all conveyancing matters. This is usually dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.

In accordance with Money Laundering Regulations, property lawyers are duty bound to investigate not only the ID of conveyancing clients but also the source of the money that they receive in respect of any matter. Refusal to disclose this may lead to your lawyer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your property lawyers are duty bound to inform the appropriate authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.

Is there a search tool that I can use to investigate if the solicitor carrying out my conveyancing in Forest Gate is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for National Westminster Bank thus spending £187.00 plus VAT in supplemental conveyancing costs.

You should take advantage of the search tool on this web page. Pick the lender and type ‘Forest Gate’ or your location and you will be presented with a number of lawyer offices in Forest Gate or nearest you.

In what way can the Landlord & Tenant Act 1954 affect my business property in Forest Gate and how can you help?

The particular law that you refer to affords security of tenure to commercial tenants, granting the dueness to apply to court for a new lease and remain in occupation at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and handle your commercial conveyancing in Forest Gate

I am 3 weeks into a freehold purchase having been recommend to solicitors by the local agent to execute conveyancing in Forest Gate. I am am extremely dissatisfied with the level of service. Can you help me find new conveyancers?

They would have to be very bad in order to consider replacing them. Has the loan offer been issued? In the event that it has you will need to make them aware of the new solicitor and get the offer are re-sent. Your new solicitor ideally needs to be on the banks approved list to avoid added fees and delays. So that should be your starting point. The find a solicitor tool will help you find a bank approved conveyancer for your conveyancing in Forest Gate

My wife and I purchased a leasehold house in Forest Gate. Conveyancing and Nationwide Building Society mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Forest Gate who previously acted has now retired. Do I pay?

The first thing you should do is make enquiries of the Land Registry to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Forest Gate conveyancing practitioner to do this as it can be done on-line for £3. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Forest Gate conveyancing firm to represent me?

You certainly can. We are happy to put you in touch with a Forest Gate conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a Forest Gate flat is 52 & 54 Green Street in February 2010. Following a vesting order by the County Court the Tribunal decided that the price that the Applicant for the freehold interest should pay is £20,543 This case related to 2 flats. The unexpired term as at the valuation date was 78 and 80.