Forgive me if this question is silly but I am unseasoned as FTB of a garden flat in Stoke Newington. Do I collect the keys to the property on the completion date from my lawyer? If this is the case, I will find a local conveyancing solicitor in Stoke Newington?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the vendor’s lawyers, and once they have received this, you should be called to pick up the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.
I am expecting a DIP from Kent Reliance this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Stoke Newington solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Stoke Newington solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
Planning on purchasing a maisonette in Stoke Newington. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the HSBC conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Stoke Newington lawyer is on the HSBC conveyancing panel.
I need some fast conveyancing in Stoke Newington as I am under a deadline to complete within one month. A home loan is not required. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a cash buyer you are at liberty not to do searches although no lawyer would recommend that you don't. Drawing on years of experience of conveyancing in Stoke Newington the following are instances of issues that can arise and therefore affect the marketability of the property: Refused Planning Applications, Overdue Fees, Overdue Grants, Unadopted Roads,...
I used Wolstenholmes a few years ago for my conveyancing in Stoke Newington. I now require my file but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate 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 Stoke Newington of the conveyancing firm of solicitors you previously retained, 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 Stoke Newington differ for newly converted properties?
Most buyers of new build residence in Stoke Newington come to us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in Stoke Newington 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 conveyancing solicitors 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 used to new build conveyancing in Stoke Newington or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a house in Stoke Newington prior to appointing conveyancers. I have been advised that there is a flying freehold element to the property. The surveyor has said that some mortgage companies will not give a loan on a flying freehold premises.
It depends who your proposed lender is. HSBC has different requirements from Halifax. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Stoke Newington. Conveyancing may be slightly more expensive based on your lender's requirements.
I am in need of some leasehold conveyancing in Stoke Newington. Before diving in I require certainty as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and almost all are in Stoke Newington - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I have had difficulty in trying to purchase the freehold in Stoke Newington. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most certainly. We are happy to put you in touch with a Stoke Newington conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Stoke Newington flat is Lower Flat 16A Beatty Road in September 2012. The premium payable was £13,577. The terms of the lease has been agreed between the Applicants and the First Respondent and the Tribunal did not seek to disturb that agreement. This case related to 1 flat.