Me and my wife are buying residence in Homerton. My Solicitor is not listed on the lender approved list. Can I still use my Homerton conveyancing solicitor notwithstanding that they are excluded from the bank approved list?
You have a number of options open to you here
- Complete the purchase with your existing Homerton solicitor but your lender will undoubtedly retain a conveyancing practitioner on their approved panel. This will result in additional fees and potential frustration.
- Appoint a new conveyancer to act in the purchase, making sure they are on the mortgage company conveyancing panel.
- Convince your conveyancer to pull out all the stops to get accepted on the mortgage company conveyancing panel
We are buying a house and require a conveyancing solicitor in Homerton who is on the Leeds Building Society conveyancing panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Homerton.
Should our solicitor be making enquiries regarding flooding as part of the conveyancing in Homerton.
Flooding is a growing risk for lawyers dealing with homes in Homerton. Plenty of people will acquire a property in Homerton, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Conveyancers are not qualified to give advice on flood risk, but there are a numerous searches that can be carried out by the purchaser or on a buyer’s behalf which should give them a better appreciation of the risks in Homerton. The conventional set of property information forms sent to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard inquiry of the vendor to determine whether the premises has suffered from flooding. If the premises has been flooded in past which is not notified by the vendor, then a purchaser may issue a claim for damages resulting from an misleading answer. The buyer’s lawyers should also conduct an enviro search. This should indicate if there is any known flood risk. If so, further inquiries should be conducted.
Do I need to be wary that 3rd parties that I am dealing with are suggesting a nationwide conveyancing firm as opposed to a High Street Homerton conveyancing practice?
As is the case with many service providers, often suggestions from family and friends can be extremely useful or valuable. But there are lots of people with a keen interest in a conveyancing transaction; estate agents, mortgage brokers and lenders might all put forward lawyers to choose. On occasion the lawyers might be known to one of the organisations as one of the best in their field, but occasionally there exists a commercial relationship behind the endorsement. You are free to select your own lawyer. Don't forget that many lenders specify a panel list of solicitors you have to use for the lender aspect of your conveyancing.
As co-executor for the will of my uncle I am disposing of a property in Monmouth but reside in Homerton. My lawyer (who is 300 miles awayhas requested that I sign a stat dec ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Homerton to attest this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Homerton based
Having had my offer accepted I require leasehold conveyancing in Homerton. Before I set the wheels in motion I would like to find out the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Homerton - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Homerton conveyancing firm to help?
Absolutely. We are happy to put you in touch with a Homerton conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Homerton flat is 104 Nightingale Road in May 2009. The Tribunal's Decision is that the premium torbe paid for the enfranchisement in this case is £112,174 This case was in relation to 10 flats. The remaining number of years on the lease was 71.25 years.