At what point will exchange of contracts occur in residential conveyancing in St John's Wood and do I need to attend the conveyancers branch?
If you are in close proximity to our conveyancing solicitors in St John's Wood you are invited in to sign documents. However, the firms we work with offer countrywide coverage for conveyancing and give just as detailed and professional a job for you when communicating with you digitally. The signing of the purchase agreement is not the critical part. Signing on the dotted line is just a prerequisite for the firm to exchange contracts at the suitable time, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in St John's Wood)to be in the office at the appropriate time.
My brother-in-law has suggested I instruct a conveyancing solicitor in St John's Wood. I I am struggling to find out whether they are accepted on the Barclays Direct conveyancing panel. Can you help?
You should phone the conveyancer and enquire if they are on the lender panel. Alternatively please get in touch with Barclays Direct who may be able to help.
Should our conveyancer be raising questions about flooding as part of the conveyancing in St John's Wood.
The risk of flooding is if increasing concern for lawyers specialising in conveyancing in St John's Wood. There are those who buy a house in St John's Wood, fully expectant that at some time, it may be flooded. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Conveyancers are not qualified to give advice on flood risk, but there are a numerous searches that may be undertaken by the buyer or by their solicitors which will give them a better appreciation of the risks in St John's Wood. The conventional set of information supplied to a buyer’s lawyer (where the Conveyancing Protocol is adopted) includes a standard question of the seller to find out if the property has suffered from flooding. In the event that flooding has previously occurred which is not revealed by the seller, then a buyer may issue a claim for damages as a result of such an incorrect response. A purchaser’s solicitors may also commission an enviro report. This should disclose whether there is a recorded flood risk. If so, additional investigations will need to be initiated.
I decided to have a survey done on a house in St John's Wood ahead of instructing lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some banks may not grant a mortgage on a flying freehold property.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you e-mail us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in St John's Wood. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in St John's Wood to see if the conveyancing will be more expensive.
In what way can the Landlord & Tenant Act 1954 affect my business offices in St John's Wood and how can your lawyers assist?
The 1954 Act provides security of tenure to business leaseholders, giving them the dueness to make a request to court for a continuation of occupancy when the lease comes to an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and handle your commercial conveyancing in St John's Wood
In my capacity as executor for the will of my aunt I am selling a property in Swansea but I am based in St John's Wood. My conveyancer (approximately 250 miles from merequires that I execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in St John's Wood who can attest and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are located in St John's Wood