We are approaching an exchange on a house in Forest Gate and my parents have transferred the ten percent deposit to my conveyancer. I am now informed that as the deposit has been sent from someone other than me my conveyancer needs to disclose this to my mortgage company. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the bank regarding my parents' contribution when I applied for the mortgage, so is it really necessary for this now to delay the deal?
Your conveyancing practitioner is legally required to check with lender to ensure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
Having sold my house in Forest Gate last January yet the purchaser is Skype messaging me to moan that his lawyer is waiting to hear from mysolicitor. What are the post completion sale formalities following completion?
Following your disposal your lawyer should forward the transfer deeds and all of the paperwork to the buyer’s lawyers. Where relevant, your lawyer must also evidence that the home loan has been repaid to the purchasers solicitors. There is unlikely to be post completion steps specific conveyancing in Forest Gate.
We are aiming to move house in April. Does my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you put forward a removal company in Forest Gate. Conveyancing solicitor was organised before I stumbled across your website.
On the day of completion you will need to pick up the house keys from the estate agent but this should only be done after the sellers lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be collected. You should tell the removal company that you are ready to move in. As a matter of policy we do not suggest a specific removal organisation but can assist you in finding a conveyancing in Forest Gate or a lawyer with expertise in conveyancing in Forest Gate.
I am purchasing a 3 bedroom semi in Forest Gate. We would like to an extension at the rear at the property.Will the conveyancing process involve checks to see if these works were previously refused?
Your conveyancer should review the registered title as conveyancing in Forest Gate can sometimes identify restrictions in the title documents which prohibit certain changes or require the consent of a 3rd party. Certain extensions need local authority planning consent and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be prudent to check these things with a surveyor before you commit yourself to a purchase.
I have today made my last payment due on my mortgage with UBS. I assume I don't need a Forest Gate lawyer on the UBS panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
I need some expedited conveyancing in Forest Gate as I am under pressure to exchange contracts within 3 weeks. Thankfully I do not need a mortgage. Can I decline from having conveyancing searches to save money and time?
As you are are a cash buyer you are at free not to have searches carried out although no solicitor would suggest that you don't. With plenty of history conveyancing in Forest Gate the following are instances of what can show up and therefore impact the marketability of the property: Enforcement Actions, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
What advice can you give us when it comes to finding a Forest Gate conveyancing practice to carry out our lease extension conveyancing?
When appointing a property lawyer for lease extension works (regardless if they are a Forest Gate conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with two or three firms including non Forest Gate conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:
How familiar is the firm with lease extension legislation? What volume of lease extensions have they carried out in Forest Gate in the last year?
I inherited a a ground floor purpose built flat in Forest Gate. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the sum payable for a lease extension?
in cases where there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to decide the price payable.
An example of a Freehold Enfranchisement matter before the tribunal for a Forest Gate premises is 52 & 54 Green Street in February 2010. Following a vesting order by the County Court the Tribunal decided that the price that the Applicant for the freehold interest should pay is £20,543 This case related to 2 flats. The unexpired residue of the current lease was 78 and 80.
Do banks and building societies provide you with an approved list of Forest Gate solicitors? How do you know who is on the mortgage company conveyancing panel?
Forest Gate firms and firms conducting conveyancing in Forest Gate themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the mortgage company directly.