It may have been a long time coming a mortgage offer from Santander for the remortgage of my 3 bedroom garden flat is coming by the end of next week. Are you able to suggest a low cost conveyancing lawyer in Waltham Forest?
You are on the wrong site if you are in need of the lowest fares for conveyancing in Waltham Forest. Our intention is to offer cost effective conveyancing but we do not work with the cheapest lawyers. Avoid the trap of appointing brokers teasing you with ninety nine pound conveyancing in Waltham Forest. The optimum result, in choosing a lawyer for cheap conveyancing, you will get your money’s worth and at worst you will end up being stung for extras and still not end up with the service required.
What does my ID and proof of funds have anything to do with my conveyancing in Waltham Forest? What am I being asked for?
Waltham Forest conveyancing solicitors and indeed property lawyers throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to check the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to disclose two forms of certified identification; proof of ID (usually a Passport or Driving Licence) and proof of address (typically a Utility Bill no more than three months).
Proof of source of funds is also required under the money laundering laws as solicitors are mandated to ensure that the monies you are using to purchase a property (be it the exchange deposit or the total purchase price if you are buying mortgage free) has come from a reputable source (such as an inheritance) as opposed to the proceeds of criminal behaviour.
How does conveyancing in Waltham Forest differ for newly converted properties?
Most buyers of new build property in Waltham Forest contact us having been asked by the developer to sign contracts and commit to the purchase even before the residence is completed. This is because house builders in Waltham Forest usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Waltham Forest or who has acted in the same development.
My business partner and I are wishing to take over a lease of an office on the high street. Can you recommend solicitors offering competitive costs for commercial conveyancing in Waltham Forest for less than 1500k?
We can recommend firms who have specialist knowledge of commercial conveyancing in Waltham Forest, including the sale and purchase of businesses as well as simply property. Whether you are looking to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. Regarding the fees these will vary based on the structure and nuances of the proposed transaction. Please provide us with your contact information or telephone us so that we can furnish you with a detailed commercial conveyancing calculation.
My wife and I purchased a leasehold flat in Waltham Forest. Conveyancing and The Royal Bank of Scotland mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1994. The conveyancing solicitor in Waltham Forest who acted for me is not around. What should I do?
First contact HMLR to make sure that the individual purporting to own the freehold is in fact the new freeholder. You do not need to instruct a Waltham Forest conveyancing practitioner to do this as it can be done on-line for less than a fiver. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
We have reached the end of our tether in trying to purchase the freehold in Waltham Forest. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to make a decision on the sum to be paid.
An example of a Freehold Enfranchisement decision for a Waltham Forest property is 32 Howard Road in June 2012. the Tribunal held that premium payable for the freehold reversion should be £35,825 This case affected 2 flats. The unexpired term as at the valuation date was 64 years.