We see that you have a post code search directory listing law firms on the Virgin Money conveyancing panel. Do firms pay you a referral fee if I retain them for our conveyancing in Romford?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Romford.
When it comes to mortgage companies such as Principality, do Romford solicitors incur a yearly amount to be on the list of approved solicitors?
We are unaware of any lender fees to register on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
It is not clear whether my bank requires a lease extension. I have telephoned my Romford bank branch on various occasions and was told it does not affect the mortgage offer and they will lend. My Romford conveyancing solicitor - who is on the lender conveyancing panel- called and was told they would not lend based on their specific requirements. I have no idea who is right.
The property lawyer must follow the CML Handbook section two requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the bank 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 bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
Yorkshire BS have agreed my mortgage in principle, my offer on a property in Romford has been agreed to, now what?
Your estate agent will need to know who your solicitors are (make sure the conveyancers are on the bank’s approved list). Telephone Yorkshire BS or your broker and finalise any outstanding paperwork. Yorkshire BS will appoint a valuer who will get in contact with the estate agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Yorkshire BS will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Romford.
Are there restrictive covenants that are commonly picked up during conveyancing in Romford?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Romford. 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…’
Is it possible to transfer to a new solicitor as I have to find a firm on the Halifax conveyancing panel. I hired a local conveyancing solicitor in Romford round the corner but he is not accepted by Halifax
We will our best to assist in finding you a conveyancing solicitor in Romford on the Halifax panel. Please note that the law firms that we on the directory do not pay us commission if you instruct them and are regulated by the SRA who regulate all conveyancing solicitors in Romford. In utilising the find a conveyancing solicitor tool on this page, you can scrutinise fees for conveyancing solicitors in Romford and throughout England and Wales.
Planning to sign contracts shortly on a leasehold property in Romford. Conveyancing lawyers inform me that they are sending me a report within the next couple of days. What should I be looking out for?
Your report on title for your leasehold conveyancing in Romford should include some of the following:
-
The total ownership of the property. This could be the apartment itself but could also incorporate a loft or storage are if appropriate. The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. What the implications are if you are in breach of your lease terms? Specifying your legal entitlements in respect of common areas in the block.For example, does the lease contain a right of way over an accessway or staircase?
After months of correspondence we cannot 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 premises 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 term was 57.5 years.
How much should conveyancing in Romford cost?
The amount you are levied for conveyancing in Romford are likely to be calculated at:
- a standard charge; or
- an hourly rate (i.e. the time spent on the particular case).
In practice you seldom hear of Romford conveyancing firms charge by the clock