We instructed a Upper Tean based firm for our conveyancing in Upper Tean last week. Going through the small print it is apparent thatI am responsible for charges even if the sale aborts. Would I be best advised to use an on-line conveyancing brokerage who offer no completion no cost conveyancing in Upper Tean?

Generally there is a concession along the lines that if "No Completion No Fee" is offered then the fee levels will tend to be be higher to cover those cases that do not go ahead. You should be mindful that such schemes tend not to protect you from outlay e.g. Upper Tean conveyancing search costs.

I have given 2 months notice to my current landlord and must be out of my let out property in Upper Tean by 29/4/2025. Conveyancing for my house purchase is underway. Is it possible to complete in six weeks as don't want to have to move into temporary accommodation?

It is unwise to provide notice for your lease unless you have exchanged. If you have not already done so, speak to your solicitor and urge them to they cajole the other lawyers, try to an acceptable time-line that everyone will look to achieve

In what way does my ID and proof of funds have anything to do with my conveyancing in Upper Tean? What am I being asked for?

Upper Tean conveyancing solicitors and indeed property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to verify the ID of any client with a view to satisfy themselves that clients are who they say they are.

Conveyancing clients are required to provide two forms of certified identification; proof of ID (typically a Passport or Driving Licence) and evidence of address (typically a Utility Bill no older than three months).

Evidence of source of funds is also required under the money laundering statutes as lawyers are duty bound to check that the funds you are utilising to acquire a property (be it the exchange deposit or the total purchase price where you are a cash purchaser) has come from a reputable source (such as an inheritance) and is not the fruits of criminal behaviour.

About to purchase a new build flat in Upper Tean. Conveyancing is necessary evil 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 legal work.

Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Upper Tean

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. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are surveyor prepared.

My lawyers in Upper Tean have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the bank. Is it case that being on the bank conveyancing panel they need to have retained the file for a prescribed period?

Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the bank directly.