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

It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Goring. However these days you will not be able to complete any conveyancing deal if you have not submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a council tax bill. Remember if you are providing your driving licence as proof of ID it needs to be both the paper element and photo card part, one is not acceptable in the absence of the other.

Verification of your origin of monies is required under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancer will need to retain this information on file. Your Goring conveyancing solicitor 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 queries concerning the origin of funds.

I am considering remortgaging my house in Goring, does my lawyer need to be on the Kent Reliance Conveyancing panel?

There is nothing to stop you using your solicitor, but Kent Reliance will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

I require fast conveyancing in Goring as I am faced with an ultimatum to complete within 2 weeks. Thankfully I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?

If.Given you are not obtaining a home loan you are at liberty not to do searches although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Goring the following are examples of what can crop up and adversely affect future saleability: Enforcement Actions, Outstanding Charges, Overdue Grants, Railway Schemes,...

Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Goring is the location of the property. Can you offer any opinion?

Flying freeholds in Goring are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Goring you would need to get your solicitor to go 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 Goring may ascertain 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 residence.

Back In 2008, I bought a leasehold flat in Goring. Conveyancing and Aldermore mortgage went though with no issue. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Goring 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. There is no need to incur the fees of a Goring conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I own a split level flat in Goring, conveyancing formalities finalised 10 years ago. How much will my lease extension cost? Comparable properties in Goring with over 90 years remaining are worth £255,000. The ground rent is £45 per annum. The lease runs out on 21st October 2097

With just 73 years left to run we estimate the premium for your lease extension to be between £8,600 and £9,800 plus legals.

The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.