Me and my fiance are buying an apartment in Canary Wharf. My Conveyancer is not listed on the mortgage company approved list. Can I still appoint my Canary Wharf conveyancing solicitor even though they are not on the bank approved list?
You will need to instruct a conveyancer to complete the formalities when you require a loan to buy your property. They will conduct all the necessary due diligence on the property, ensuring that you’re properly registered as the owner and ensure that all the necessary mortgage paperwork is in place. You can instruct a Canary Wharf solicitor of your choosing. However, where the property lawyer appointed is not on the bank solicitor panel additional costs will be incurred as separate legal representation will be need by the bank. Conveyancing panel applications can be submitted, so where your conveyancer has not previously applied for membership they should do so.
My wife and I have just bought a house in Canary Wharf. We have noticed several issues with the property which we suspect were overlooked in the conveyancing searches. Do we have any recourse? Can you clarify the nature of searches that needed to have been ordered for conveyancing in Canary Wharf?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Canary Wharf. Conveyancing searches and due diligence initiated during the legal transfer of property are supposed to help avoid problems. As part of the process, the vendor completes a form known as a SPIF. answers turns out to be inaccurate, then you may have a claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Canary Wharf.
Why do I have to pay up front for conveyancing in Canary Wharf?
Where you are retaining lawyers for conveyancing in Canary Wharf your solicitor will request that you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. When the deposit is payable against the total price then this should be needed immediately in advance of contracts are exchanged. The closing balance that is due should be sent to your lawyer a few days prior to the completion date.
I used Arc property Solicitors several years past for my conveyancing in Canary Wharf. I now require my file but the law firm has closed. What do I do?
Do call 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 Canary Wharf 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 Canary Wharf. 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 conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Canary Wharf
Please confirm the Lease plans are architect prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan.
I am thinking of appointing a conveyancing solicitor in Canary Wharf for my home move. Can I check a firm’s complaints history with the profession’s regulator?
You may review published Solicitor Regulator Association (SRA) decisions resulting from inquisitions commenced on or after Jan 2008. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator may recorded telephone calls for training requirements.