Just been in touch with my conveyancing lawyer in Leyton who completed the legal work 18 months ago and wanted a conveyancing estimate based on the same type of home move (a leasehold property and a freehold premises) of almost identical values with a home loan from Aldermore. I am now being charged twice the amount. Stick with what I know or do I seek out an alternative property lawyer?
The charges seem a tad high. If you are happy to invest time scrutinising quotes you might reduce the fees marginally by say £100 plus VAT. That being said, if you were content with the service the firm offered you mightlive to regret choosing an a cheaper lawyer. Don't forget to check that the conveyancer can represent Aldermore. You can make use of our search tool to find a Leyton conveyancing firm on the Aldermore member panel, which can often include conveyancing solicitors in Leyton.
Can you point me to a directory of Santander panel conveyancers in Leyton on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the CML or Building Society Association websites. Very few lending institutions make their panel listings available over the internet. If you are in need of a Leyton property lawyer on the Santander please use our facility.
I've digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Leyton solicitor - who is on the HSBC conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
HSBC will need an independent valuation of the property. Your lawyer will not arrange this. Usually HSBC will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Leyton surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
At last I have had an offer on a maisonette in Leyton accepted, but there is a chain. The vendors have offered on somewhere, but it’s not yet agreed to, and have viewings of other apartments in the pipeline. I have chosen a high street conveyancing solicitor in Leyton. What should be my next step? When do I get the mortgage application with Co-operative going?
It is normal to have anxieties where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is approx one thousand pounds, then valuation, Leyton conveyancing search costs, etc). First, you should check that your property lawyer is on the Co-operative approved list. As to the subsequent phase this very much depends on the uniqueness of your case, attraction to the property and on the state of the market. During a hot market the majority of purchasers will apply for the mortgage with Co-operative and arrange for the valuation and only if it comes back ok would they request their conveyancer to press on with the conveyancing in Leyton.
What will a local search tell me concerning the property my wife and I buying in Leyton?
Leyton conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company such as Onsearch The local search is essential in every Leyton conveyancing purchase; as long as you don’t want any nasty surprises after you move into your new home. The search should provide data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
The deeds to my property are lost. The conveyancers who did the conveyancing in Leyton 10 years ago are no longer around. What are my next steps?
Assuming the title is registered the information relating to your proprietorship will be evidenced by HMLR with a Title Number. It is easy to perform a search at the Land Registry, identify your property and order current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will usually hold a file duplicate of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a quick, no chain conveyancing. Leyton is the location of the property. Can you shed any light on this issue?
Flying freeholds in Leyton are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Leyton you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leyton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Leyton and how can you help?
The 1954 Act provides a safeguard to business tenants, granting the dueness to apply to court for a continuation of occupancy when the lease comes to an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and assist with commercial conveyancing in Leyton