We are acquiring our first home. The solicitor has calledto ask if we want to take out extra conveyancing searches. Unfortunately we have no idea as to what's appropriate for conveyancing in Covent Garden
The range of Covent Garden conveyancing searches depends primarily on the premises, the location, the probability of any of these risks, your knowledge of the region and risks, your overall approach to risk. What is important is that you adequately understand what information each search could supply. Then you can make a decision if you personally think you need that information. If in doubt, ask your solicitor to advise.
My bank has suggested a law firm on their panel based in Covent Garden but I would rather instruct a conveyancing lawyer in Covent Garden local to me. Are you able to assist?
It is by no means the case that all Covent Garden conveyancing solicitors are on all lender’s conveyancing panel. Do make use of the above search tool to find a Covent Garden conveyancing solicitor on the on the mortgage company panel.
I purchased a terraced Georgian house in Covent Garden. Conveyancing lawyer acted for me and Platform Home Loans Ltd. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Covent Garden and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing practitioner who completed the work.
Just had an offer accepted on a new build apartment in Covent Garden. Conveyancing is daunting 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.
Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Covent Garden
Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared. Please supply a car parking plan.
I was pointed in your direction by a few selling agents in Covent Garden to select a solicitor on your site. Is there a financial inducement for Estate Agents to promote your lawyers rather than another?
We don’t give any referral fee for pointing buyers and sellers to this site. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My brother has urged me to use his conveyancing solicitors in Covent Garden. Should I use them?
There are no two ways about it it’s preferable to select a conveyancing solicitor is to have referrals from friends or family who have previously instructed the conveyancer that you are considering.