The lawyer who helped my previous purchase has quoted just over a thousand pound for freehold conveyancing in Beckton. I’m hoping to sell a modern detached home for £275,000. Are these estimated fees excessive? Is it in excess of the norm for conveyancing in Beckton?
The charges are a bit high. If you shop around you could shave off some of the cost by perhaps a hundred pounds. On the other hand, you maycome to regret opting for an a cheaper solicitor. Don't forget to ensure that the firm can act for your bank. You can employ our search tool to find a Beckton conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Beckton.
Completed the sale of my flat in Beckton last November but my buyer keeps SMS messaging me complaining that their lawyer needs to hear from mine. What are the post completion sale legalities following completion?
Following your house sale your conveyancer should deliver the transfer deeds and all of the paperwork to the purchaser's solicitors. Depending on the transaction, your solicitor must also evidence that the mortgage has been redeemed to the purchasers conveyancers. There are no post completion tasks just for conveyancing in Beckton.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to have this when buying a property in Beckton? or Apparently there is an ancient law that means some homeowners living in a parish church boundary may be liable to contribute towards maintenance towards the chancel in proximity to the church. Is this appropriate for conveyancing in Beckton?
Unless a previous acquisition of the premises took place post 12 October 2013 you could assume that lawyers handling conveyancing in Beckton to remain encouraging a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly picked up during conveyancing in Beckton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Beckton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Last June I purchased a leasehold flat in Beckton. Do I have any liability for service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I am the registered owner of a garden flat in Beckton. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?
if there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the LVT to assess the price.
An example of a Lease Extension matter before the tribunal for a Beckton premises is 46 Credon Road in January 2014. On 11 September 2013 Deputy District Judge Price sitting at the Bow County Court made a vesting order that the freeholder surrender his lease and be granted a new lease of the Premises on such terms as may be determined by the First Tier Tribunal (Property Chamber).The appropriate sum as concluded by the Tribunal was £7225 This case related to 1 flat. The unexpired term was 69.77 years.
Me and my fiance are soon to complete buying a house in Beckton but as a result of damage from the recent storms I have agreed compensation from the owner of £3k taking the form of a adjustment in the price. I had intended this to be addressed as part of the conveyancing process yet the mortgage company will not permit this. Why were they notified?
Your property lawyer being on a lender approved list is required to disclose to the lender of any changes to the sale price. In the event that you prohibit your conveyancing practitioner to report the reduction to your bank then they would have no choice but to discontinue acting for you and the bank.