What does my ID and proof of funds have anything to do with my conveyancing in St John's Wood? What am I being asked for?

You are right in the requirement set out by your lawyer has nothing to do with conveyancing in St John's Wood. Nowadays you will not be able to complete any conveyancing process if you have not supplying proof of your identity. This usually takes the form of a either your passport or driving licence plus a bank statement. Please note that if you are supplying your driving licence as proof of ID it needs to be both the paper section and photo card part, one is not sufficient in the absence of the other.

Evidence of your origin of monies is required under Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancer will need to have this information on file. Your St John's Wood conveyancing lawyer will require evidence of proof of funds before they are able to accept any funds from you into their client account and they will also ask further queries regarding the source of funds.

I am buying a property and need a conveyancing solicitor in St John's Wood who is on the Barclays Direct approved. Can you recommend a local solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Barclays Direct in certain locations such as St John's Wood. We dont recommend any particular firm.

I am looking for a ground for flat up to £235,500 and identified one round the corner in St John's Wood I like with open areas and station nearby, however it only has 49 remaining years left on the lease. There is not much else in St John's Wood for this price, so just wondered if I would be making a grave error buying a short lease?

If you require a mortgage that many years may be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.

My father-in-law has encouraged me to use his lawyers for conveyancing in St John's Wood. Should I choose my own solicitor?

There are no two ways about it the ideal way to select a conveyancing solicitor is to seek guidance from friends or family who have actually used the firm that you are contemplating using.

I’m about to sell my ground floor apartment in St John's Wood. Conveyancing solicitors are to be appointed soon, however I have recently had a quarterly service charge invoice – Do I pay up?

Your conveyancing lawyer is likely to suggest that you should discharge the service charge as you normally would given that all ground rent and service charges should be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I am the proprietor of a ground floor flat in St John's Wood. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the premium payable for the purchase of the freehold?

if there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to arrive at the premium.

An example of a Lease Extension case for a St John's Wood property is Garden Flat 195 Goldhurst Terrace in May 2012. The Tribunal held in accordance with section 48 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 that the premium for the extended lease should be £60,855.00. This case affected 1 flat. The number of years remaining on the existing lease(s) was 60.16 years.