Am I correct in assuming that the fact that my solicitor in Romford is not on my lender's solicitor panel that there is a problem with the standard of his conveyancing?
That is most likely a wrong assumption to make. There are plenty of plausible explanations. A recent report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Romford conveyancing firm and ask them why they are no longer on the approved list for your bank.
Would the conveyancing lawyers listed on your site execute conveyancing in Romford by way of an attended exchange?
There are a few conveyancing experts who can conduct 24hr exchanges. Do contact us to secure a costs illustration and details as to dates.
The estate agent has sent us the confirmation of our purchase of a new build flat in Romford. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Romford
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Is it possible to change solicitor as I need to retain a firm on the National Westminster Bank conveyancing panel. I hired a family conveyancing solicitor in Romford five minutes from me but the firm is not approved by National Westminster Bank
It would be our pleasure to help you select a conveyancing solicitor in Romford on the National Westminster Bank panel. Please note that the property lawyers that we on the directory do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Romford. Using the find a conveyancing solicitor tool on this website, you can scrutinise costs for conveyancing solicitors in Romford and throughout England and Wales.
I am using a search engine for the term cheap conveyancing in Romford it reveals many property lawyersin the vicinity. How do I determine which is the suitable conveyancer for purchase transaction?
The best method of seeking the right conveyancer is through a trusted testimonial, so enquire of friends and those you trust who have bought a property in Romford or the local estate agent or financial adviser. Charges for conveyancing in Romford differ, so it's advisable to request at least four fee calculations from varying types of property lawyers. Dont forget to clarify that the fees are fixed.
I am employed by a busy estate agent office in Romford where we see a few flat sales jeopardised as a result of leases having less than 80 years remaining. I have been given contradictory information from local Romford conveyancing solicitors. Can you confirm whether the owner of a flat can start the lease extension process for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
After months of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Romford. Can we issue an application to the Residential Property Tribunal Service?
Absolutely. We can put you in touch with a Romford conveyancing firm who can help.
An example of a Lease Extension case for a Romford residence is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case related to 1 flat. The unexpired lease term was 57.5 years.