I am looking for value for money conveyancer. Should I go for for a nationwide conveyancer or a local Snaresbrook conveyancing solicitor?
On the whole conveyancing practitioners in your location will have strong alliances with your local authority, which could assist with your Snaresbrook conveyancing searches that your lawyer will require on your transaction. It can only be a plus if they have strong connections with the Land Registry in your area Snaresbrook, other property lawyers in the neighbourhood and Snaresbrook Estate Agents.
My husband and I are only a couple days away from an exchange on a house in Snaresbrook and my parents have sent the ten percent deposit to my lawyer. I am now advised that as the deposit has been sent from someone other than me my conveyancing practitioner needs to disclose this to my mortgage company. I am advised that, in also acting for the bank he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the bank concerning my parents' contribution when I applied for the mortgage, so is it really necessary for this now to hold matters up?
The property lawyer is legally required to clarify with the bank to ensure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
I am the registered owner of a freehold residence in Snaresbrook yet invoiced for rent, why is this and what is this?
It is rare for properties in Snaresbrook and has limited impact for conveyancing in Snaresbrook but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
What will a local search tell me about the house my wife and I buying in Snaresbrook?
Snaresbrook conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for example Searches UK The local search plays an important part in many a Snaresbrook conveyancing purchase; that is if you don’t want any nasty once you have moved into your new home. The search should reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
I used Stirling Law several years ago for my conveyancing in Snaresbrook. Now, I need my documents however the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Snaresbrook of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Snaresbrook differ for new build properties?
Most buyers of new build or newly converted property in Snaresbrook come to us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because developers in Snaresbrook typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Snaresbrook or who has acted in the same development.