Much to our surprise we have been told by our broker that my Isle of Dogs the law firm I have appointed is not on the lender Solicitor panel. What can I do to be sure if this is correct?
The sensible course of action for you to take is to contact your Isle of Dogs lawyer directly. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
Due to complete my purchase in Isle of Dogs next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the bank. What does the insurance need to cover?
Any lawyer on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These obligations are not unique to conveyancing in Isle of Dogs.
Forgive me if this question is silly but I am wet behind the ears as a first time buyer of a two bedroom flat in Isle of Dogs. Do I pick up the keys to the house on completion from my solicitor? If this is the case, I will find a local conveyancing solicitor in Isle of Dogs?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the purchase money to the vendor’s solicitors, and once they have received this, you will be invited to collect the keys from the Estate Agents and move into your new home. Usually this occurs between 1 and 3pm.
I am due to move home in April. Should my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you recommend a removal company in Isle of Dogs. Conveyancing solicitor was chosen before I stumbled across this site.
On the afternoon of completion you will need to collect the keys from your estate agent however this should only take place after the vendors conveyancers inform the agent that the monies to complete are in and the keys can be released. After that you can advise the removal company that they can start moving you in. We do not recommend a particular removal organisation but can assist you in locating a residential property solicitor in Isle of Dogs or a lawyer with expertise in conveyancing in Isle of Dogs.
We had selected conveyancers located in Isle of Dogs on the Principality solicitor approved list. They are now charging me a separate sum for the legal aspects of the Principality mortgage. Is this an additional conveyancing fee specified by Principality?
Provided it is contained in their Terms of Engagement or estimate then yes your lawyer can charge a fee for this. This fee is not set by Principality but by your Isle of Dogs conveyancer. Plenty of firms on the Principality panel will charge ’dealing with mortgage’ fee but many firms incorporate it on their overall fee.
I need some fast conveyancing in Isle of Dogs as I am under pressure to complete inside 3 weeks. Fortunately I do not need a mortgage. Can I avoid the conveyancing searches to save money and time?
As you are not obtaining a home loan you are at liberty not to have searches conducted although no conveyancer would advise that you don't. With plenty of history conveyancing in Isle of Dogs the following are instances of what can crop up and therefore impact the marketability of the property: Enforcement Notices, Overdue Fees, Outstanding Grants, Unadopted Roads,...
I own a terraced Edwardian property in Isle of Dogs. Conveyancing solicitor represented me and Nationwide Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the matching address. I thought I was buying a freehold how can I check?
You should 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Isle of Dogs and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing solicitor who conducted the purchase.
I am looking to sell my home. My past lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Isle of Dogs if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Isle of Dogs. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.