It has come to my attention via my IFA that my Redbridge the law firm I have appointed is not on the bank Solicitor panel. How can I be sure whether this is correct?
The sensible course of action for you to take is to call your Redbridge conveyancer. You lawyer should notify you of the situation. Where they are not on the panel they may be able to suggest a Redbridge conveyancing firm that is on the conveyancing panel for your bank.
It is a dozen years since I purchased my home in Redbridge. Conveyancing solicitors have now been appointed on the sale but I can't locate my deeds. Is this a major issue?
Don’t worry too much. First the deeds may be with the lender or they could still be with the solicitor who acted in the purchase. Secondly in most cases the land will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. Nearly all conveyancing in Redbridge relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
Will our lawyer be asking questions concerning flooding as part of the conveyancing in Redbridge.
Flooding is a growing risk for lawyers dealing with homes in Redbridge. Some people will purchase a property in Redbridge, fully expectant that at some time, it may be flooded. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Solicitors are not best placed to impart advice on flood risk, but there are a number of searches that may be initiated by the buyer or on a buyer’s behalf which should figure out the risks in Redbridge. 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 determine if the property has suffered from flooding. If the property has been flooded in past which is not disclosed by the vendor, then a buyer could issue a claim for damages as a result of such an inaccurate response. A purchaser’s solicitors will also order an environmental report. This will indicate if there is any known flood risk. If so, additional inquiries will need to be initiated.
Over the last few months I have been searching for a flat up to £245,000 and identified one near me in Redbridge I like with open areas and transport links in the vicinity, however it's only got 52 years on the lease. There is not much else in Redbridge suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the shortness of the lease will likely be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you can request that they start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
Is it possible to switch conveyancer as I need to retain a firm on the Accord Mortgages Ltd conveyancing panel. I hired a high street conveyancing solicitor in Redbridge round the corner but the firm is not approved by Accord Mortgages Ltd
We will our best to assist in finding you a conveyancing solicitor in Redbridge on the Accord Mortgages Ltd panel. Please note that the property lawyers that we work with do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Redbridge. In utilising the find a conveyancing solicitor tool on this page, you can scrutinise fees for conveyancing solicitors in Redbridge and throughout England and Wales.
I need to appoint a conveyancing solicitor for residential conveyancing in Redbridge. I happened to land on a web site which looks to be the perfect offering If it is possible to get all the legals completed via phone that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?