What does my ID and proof of funds have anything to do with my conveyancing in Goffs Oak? Is this really necessary?

Goffs Oak conveyancing solicitors as well as nationwide property practitioners accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the identity of any client with a view to ensure that clients are who they say they are.

Conveyancing clients will need to disclose two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and proof of address (typically a Bank Statement less than 3 months old).

Proof of the origin of monies is also required in accordance with the money laundering statutes as lawyers are required to ensure that the funds you are utilising to acquire a property (whether it be the deposit for exchange or the full purchase price where you are buying without a mortgage) has come from a reputable source (such as an inheritance) and is not the proceeds of criminal activity.

Is there a search tool that I can use to investigate if the solicitor carrying out my conveyancing in Goffs Oak is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Nottingham Building Society thus paying £192.00 in another set of conveyancing charges.

Feel free to take advantage of the search tool on this site. Pick the mortgage company and type ‘Goffs Oak’ or your location and you will be presented with numerous conveyancers based in Goffs Oak or near you.

Just had an offer accepted on a new build apartment in Goffs Oak. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Goffs Oak

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared. 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.

I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Goffs Oak is the location of the property. Is there any advice you can give?

Flying freeholds in Goffs Oak are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Goffs Oak you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Goffs Oak may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

What are your top tips when it comes to appointing a Goffs Oak conveyancing firm to carry out our lease extension conveyancing?

When appointing a conveyancer for lease extension works (regardless if they are a Goffs Oak conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you make enquires with two or three firms including non Goffs Oak conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:

How familiar is the firm with lease extension legislation? If the firm is not ALEP accredited then what is the reason?

Goffs Oak Conveyancing for Leasehold Flats - Sample of Queries before buying

Make sure you find out if the the lease contains any onerous restrictions in the lease. For instance some leases prohibit pets being permitted in certain buildings in Goffs Oak. If you like the propertyin Goffs Oak but your cat is not allowed to move with you then you will be faced hard determination. This question is important as a) areas may cause problems for the block as the communal areas may start to deteriorate where repairs are not paid for b) if the leasehold owners have an issue with the running of the building you will need to have complete disclosure Does the lease contain onerous restrictions?