In what way does my ID and proof of funds have anything to do with my conveyancing in Hazel Grove? Is this really warranted?

It is indeed that case that these requests have nothing to do with conveyancing in Hazel Grove. However these days you can not proceed with any conveyancing deal without first supplying evidence of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Remember if you are providing your driving licence as proof of ID it needs to be both the paper section as well as the photo card part, one is not acceptable without the other.

Verification of your source of monies is necessary in accordance with the Money Laundering Regulations. You should not be offended when you are asked to produce this as your conveyancing solicitor must have this information on record. Your Hazel Grove conveyancing lawyer will need to see evidence of proof of funds prior to accepting any money from you into their client account and they will also ask further queries concerning the source of monies.

I am buying a new build flat in Hazel Grove. 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 selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Hazel Grove

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.

Due to the input of my in-laws I had a survey completed on a house in Hazel Grove in advance of appointing lawyers. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies will not issue a mortgage on a flying freehold property.

It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Hazel Grove. Conveyancing may be slightly more expensive based on your lender's requirements.

What are your top tips when it comes to finding a Hazel Grove conveyancing practice to deal with our lease extension?

When appointing a property lawyer for lease extension works (regardless if they are a Hazel Grove conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with two or three firms including non Hazel Grove conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:

What are the legal fees for lease extension work?

I am the registered owner of a 1 bedroom flat in Hazel Grove, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Hazel Grove with over 90 years remaining are worth £195,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease ends on 21st October 2088

With only 63 years left to run we estimate the premium for your lease extension to range between £16,200 and £18,600 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.

I'm buying a house in Hazel Grove. I can find my conveyancer's company on the Law Society's list, but I can't find my conveyancer's name as listed on the regulator's website. Is this a big problem?

Not all staff in the law firm must be listed by the regulator. As long there is someone qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unqualified staff.