I am progressing with the sale of my apartment in Bethnal Green and the EA has just telephoned to say that the purchasers are changing their law firm. The excuse is that the bank will only deal with property lawyers on their conveyancing panel. On what basis would a leading lender only work with specific law firms rather the firm that they want to select for their conveyancing in Bethnal Green ?
Lenders have always had panels of law firms that can act for them, but in the past few years big names such as Nationwide, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for decades.
Banks point to the increase in fraud as the reason for the cull – criteria have been stiffened as a smaller panel is easier to keep an eye on. Banks tend not to reveal how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is being contacted daily by practices that have been removed from panels. Plenty of firms do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your purchasers are not going to have any sway in the decision.
We are looking to buy a flat and need a conveyancing solicitor in Bethnal Green who is on the Kent Reliance solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Bethnal Green.
I am purchasing a house and need a conveyancing solicitor in Bethnal Green who is on the Coventry Building Society approved. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Coventry Building Society in certain locations such as Bethnal Green. We dont recommend any particular firm.
I used Arc property Solicitors a few years ago for my conveyancing in Bethnal Green. Now, I need the documents however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bethnal Green of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build flat in Bethnal Green. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Bethnal Green
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
We are in the throes of a leasehold sale of a flat in Bethnal Green. Conveyancing is fine but we have been asked to pay an extortionate amount by the managing agents. So far we have paid £295.50 for a leasehold management pack and then another £134.40 for supplemental queries supplied by the buyers lawyer.
Your conveyancer will not have any sway over the extent of the bill for this information however the typical fee for the information for Bethnal Green leasehold property is £395. When it comes to Bethnal Green conveyancing transactions it is conventional for the seller to cover the charges. The landlord or their agents are under no statutory obligation to address such questions most will be content to do so - albeit often at exorbitant prices out of proportion to the work involved. Regretfully there is no legislation that mandates set charges for administrative tasks. There is no set time limit by which they are obliged to issue the information.