Much to our surprise we have been told by our IFA that my Leyton property lawyer is not on the bank Conveyancing panel. What can I do to be certain that this is indeed the case?
Your first step should be to call your Leyton conveyancer. You lawyer should advise 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 bank.
We are buying a flat and need a conveyancing solicitor in Leyton who is on the Virgin Money approved panel. Can you recommend a local 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 Virgin Money . We don't recommend any particular firms conducting conveyancing in Leyton.
I am buying a new build apartment in Leyton. 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 are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Leyton
Please confirm the Lease plans are architect prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Due to the encouragement of my in-laws I had a survey completed on a house in Leyton prior to appointing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some lenders may not issue a mortgage on such a home.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. If you e-mail us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Leyton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Leyton to see if the conveyancing costs will increase in light of this.
My business partner and I are hoping to lease a unit on the high street. Can you recommend solicitors offering competitive costs for non-domestic conveyancing in Leyton for less than 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Leyton, including the disposal and purchase of businesses as well as simply property. If you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. As for the costs these will vary based on the structure and nuances of the proposed transaction. Please provide us with your details or call us so that we can furnish you with a fixed commercial conveyancing quote.
My mortgage broker has suggested using their property lawyer for the conveyancing in Leyton - won’t it be advisable to just instruct them?
This is not necessarily the case and you are entitled to instruct whichever property lawyer you decide for your Leyton conveyancing. A lawyer recommended by a 3rd party adviser may not always be the right property lawyer, they may suggest their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your conveyancing practitioner and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.