Recently been in touch with my conveyancing solicitor in Canning Town who completed the legal work two years ago and wanted a conveyancing estimate based on an identical type of house sale & purchase (a leasehold residence and a freehold property) of almost identical values with a home loan from Clydesdale. It looks as though am now being charged twice the amount. Am I right to be tempted to shop around for a cheaper online property lawyer?
The estimate fees are a tad high. If you shop around you could get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, providing that you were content with the legal work the firm gave you maycome to rue choosing an an unknown conveyancer. Remember to be sure the conveyancer can act for Clydesdale. Do employ our search tool to find a Canning Town conveyancing firm on the Clydesdale approved list of lawyers, which can often include conveyancing solicitors in Canning Town.
My property lawyer in Canning Town is not on the National Westminster Bank Solicitor Panel. Is it possible for me to use my prefered solicitor even though they are not on the National Westminster Bank approved list?
Your options are as follows:
- Carry on with your existing Canning Town lawyers but National Westminster Bank will need to retain a lawyer on their panel. This will inevitably rack up the total conveyancing charges as well as cause delays.
- Get a new practitioner to act in the purchase, remembering to check they are National Westminster Bank approved.
- Persuade your National Westminster Bank based solicitor to seek to join the National Westminster Bank panel
I have been told that property searches are the primary reason for delay in Canning Town conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any holding up conveyancing in Canning Town.
Are there restrictive covenants that are commonly identified as part of conveyancing in Canning Town?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Canning Town. 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…’
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one close by in Canning Town I like with open areas and transport links nearby, the downside is that it's only got 49 years on the lease. I can't really find anything else in Canning Town for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan that many years will be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
Is planning permission required to split a single dwelling into a couple of appartments in Canning Town? This has occurred to a property next door to a relative in Canning Town and was unaware of it happening until after the works were done.
Planning consent is required for splitting a single dwelling in Canning Town into flats but possibly not for converting back to single dwelling-house so, in answer to your query, yes.