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Find a St Leonard Shoreditch Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in St Leonard Shoreditch? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your St Leonard Shoreditch conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in St Leonard Shoreditch

2 months have gone by following my purchase conveyancing in St Leonard Shoreditch took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I've recently found out that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. St Leonard Shoreditch is where the house is located. Is there any guidance you can impart?

Flying freeholds in St Leonard Shoreditch are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside St Leonard Shoreditch you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in St Leonard Shoreditch may decide 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.

In what way does the Landlord & Tenant Act 1954 affect my business offices in St Leonard Shoreditch and how can you help?

The particular law that you refer to affords security of tenure to commercial leaseholders, giving them the dueness to apply to court for a new tenancy and remain in occupation when the lease reaches an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and handle your commercial conveyancing in St Leonard Shoreditch

I need to instruct a conveyancing solicitor for leasehold conveyancing in St Leonard Shoreditch. I've land on a web site which appears to be the ideal offering If there is a chance to get all the legals done via phone that would be preferable. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

My conveyancer in St Leonard Shoreditch has informed me that he requires ID documents asserting that this forms part of his obligations as a conveyancer on the lender Conveyancing panel. Is this right?

Anti-terror and anti-money-laundering rules require St Leonard Shoreditch conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that the bank also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the lender's UK Finance Lenders’ Handbook requirements

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Find out more about how flying freehold can affect your the value of a property.