We are a couple about to sign contracts for a property in Mile End. We have hit a snag. Our mortgage offer with Britannia expires on 19/8/2019 but the vendors are suggesting a completion date of 21/8/2019. Can one extend the mortgage offer?
The person best placed to deal with your question is your lawyer who is in a position to calculate whether they better off negotiating with the bank, owner’s representatives, estate agents or conceivably all three taking into account the history of your transaction as of today.
Is there a search tool that I can utilise to find out if the solicitor carrying out my conveyancing in Mile End is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Alliance & Leicester thus paying £187.00 plus VAT in another set of conveyancing costs.
You should take advantage of the find a lender approved solicitor tool on this web page. Pick the mortgage company and type ‘Mile End’ or your location and you will discover a number of lawyer offices in Mile End or nearest you.
Is it the case that all Mile End CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing list of approved practices?
A selection of lenders now utilise CQS as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
I can not work out if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Mile End bank branch on numerous occasions and was told it does not impact the mortgage offer and they would lend. My Mile End conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. Who do I believe?
As long as the property lawyer is on the mortgage company approved list, they must comply with the CML Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
After much negotiation I have agreed a price on a house in Mile End. My financial adviser pressured me to appoint their lawyer. I paid an upfront payment of £150. Shortly after, the conveyancer contacted me to say that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Mile End?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Mile End. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
My business partner and I are wishing to take an assignment of a lease of an office on the high street. Can you recommend solicitors offering no-move-no charges for non-domestic conveyancing in Mile End for under £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Mile End, including the sale and acquisition of businesses as well as simply premises. Whether you are hoping to acquire or lease a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right lawyer. Regarding the charges these will vary based on the structure and complexity of the deal. Please provide us with your details or phone so as to enable us to supply you with a detailed commercial conveyancing quote.
As co-executor for the will of my grandmother I am selling a residence in Monmouth but reside in Mile End. My solicitor (based 250 kilometers from meneeds me to sign a stat dec prior to completion. Can you recommend a conveyancing practitioner in Mile End to witness and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are located in Mile End