We are looking to buy a property and require a conveyancing solicitor in Plaistow who is on the Leeds Building Society conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Plaistow.
My house in Plaistow is up for sale and I have a buyer. Will the conveyancer need to be on the Barclays conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Barclays conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
Should our conveyancer be raising questions concerning flooding as part of the conveyancing in Plaistow.
The risk of flooding is if increasing concern for lawyers conducting conveyancing in Plaistow. Some people will acquire a property in Plaistow, completely expectant that at some time, it may be flooded. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Lawyers are not qualified to impart advice on flood risk, however there are a numerous searches that can be carried out by the purchaser or on a buyer’s behalf which will give them a better appreciation of the risks in Plaistow. The conventional set of completed inquiry forms supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) contains a standard inquiry of the seller to find out if the property has historically flooded. If flooding has previously occurred which is not notified by the owner, then a buyer could issue a claim for damages as a result of such an incorrect reply. The purchaser’s lawyers will also order an enviro report. This will reveal whether there is any known flood risk. If so, more detailed inquiries should be made.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one close by in Plaistow I like with amenity areas and transport links in the vicinity, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Plaistow in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
I’m about to sell my garden flat in Plaistow. Conveyancing lawyers have not yet been instructed, but I have recently received a quarterly maintenance charge demand – Do I pay up?
It best that you clear the invoice as you normally would because all ground rent and service invoices will be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Plaistow conveyancing firm to assist?
Most certainly. We are happy to put you in touch with a Plaistow conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Plaistow premises is Ravensbourne Lodge 4 Highland Road in February 2013. the Tribunal held that the amount payable for the freehold was £22,268
What do I do if I am not happy with the conveyancing practitioner who undertook my conveyancing in Plaistow?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that sometimes things do go wrong. That being said there is recourse where you were unhappy with your conveyancing in Plaistow. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their regulator. If you remain unhappy you may consider getting in touch with the Legal Ombudsman.