Me and my partner are due to complete on the purchase of a property in Leytonstone but as a result of wreckage from a small fire at the property I have was able negotiate recompense from the owner in the sum of £3k by way of a reduction in the price. This was going to be addressed as part of the conveyancing process but Barclays will not agree to this. Why were they involved?
Any conveyancing practitioner that is on a Barclays approved list is required to advise Barclays of any changes to the purchase price. If you prohibit your conveyancing practitioner to disclose the price change to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new conveyancing practitioner for your conveyancing in Leytonstone.
I had intended to instruct a property lawyer in Leytonstone for our home move. Our broker has since notified us that our bank The Royal Bank of Scotland won't deal with them. Surely this is unfair competition?
A mortgage company will direct that an approved conveyancer act for it. Borrowers are expected to meet the cost of this. Do use our directory service to find a solicitor to carry conveyancing in Leytonstone on the The Royal Bank of Scotland member panel.
If you had a top tip for choosing a conveyancing solicitor in Leytonstone what would it be?
We would encourage you not to base your choice on the cheapest Leytonstone conveyancing quote. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
My wife and I buying a 3 bedroom semi in Leytonstone. Our aim is to convert the garage to an office at the property.Will the conveyancing process involve enquiries to see if these alterations are permitted?
Your property lawyer should review the deeds as conveyancing in Leytonstone will occasionally identify restrictions in the title documents which prevent categories of works or require the consent of a 3rd party. Many additions call for local authority planning permissions and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.
I have instructed a Leytonstone lawyer having made sure that they are on the Yorkshire BS conveyancing panel. Does my lawyer arrange the survey of the property?
Yorkshire BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Yorkshire BS 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 Leytonstone 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.
I am planning on selling our property in Leytonstone and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A local lawyer would know that there is no such problem. It does beg the question why the buyers used an online conveyancing practice as opposed to a conveyancing solicitor in Leytonstone. We have lived in Leytonstone for six years we know that this is a non issue. Should we contact our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I have a renovated Edwardian property in Leytonstone. Conveyancing practitioner acted for me and Barnsley Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching address. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Leytonstone and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with your conveyancing solicitor who completed the work.
How does conveyancing in Leytonstone differ for new build properties?
Most buyers of new build property in Leytonstone contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Leytonstone typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Leytonstone or who has acted in the same development.