Completed the sale of my flat in Victoria Docks last July yet the purchaser is texting me to moan that their conveyancer is waiting to hear from myconveyancer. What should my lawyer have done following completion?
Following your disposal your lawyer should send the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your lawyer should also send confirmation that the mortgage has been discharged to the buyers conveyancers. There is unlikely to be post completion formalities unique to conveyancing in Victoria Docks.
What is the optimum way to investigate if the solicitor handling my conveyancing in Victoria Docks is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Godiva Mortgages Ltd thus paying £192.00 in additional legal invoice.
You should take advantage of the find a conveyancing panel solicitor tool on this web page. Pick the lender and type ‘Victoria Docks’ or your preferred area and you will see numerous conveyancers offices in Victoria Docks or near you.
Will my conveyancer be making enquiries about flooding as part of the conveyancing in Victoria Docks.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Victoria Docks. Plenty of people will acquire a property in Victoria Docks, completely aware that at some time, it may be flooded. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the premises. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Conveyancers are not best placed to impart advice on flood risk, however there are a various checks that may be carried out by the purchaser or on a buyer’s behalf which will give them a better understanding of the risks in Victoria Docks. The standard property information forms sent to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) contains a usual inquiry of the owner to find out whether the premises has suffered from flooding. In the event that the property has been flooded in past which is not revealed by the seller, then a purchaser may commence a claim for damages stemming from an inaccurate answer. The buyer’s conveyancers should also carry out an enviro search. This will indicate whether there is any known flood risk. If so, more detailed inquiries will need to be carried out.
I am looking for a leasehold apartment up to £305k and found one round the corner in Victoria Docks I like with open areas and railway links nearby, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Victoria Docks for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage the shortness of the lease will likely be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
My company is wishing to take an assignment of a lease of an office on the high street. Can you recommend solicitors offering no-sale-no costs for commercial conveyancing in Victoria Docks for under 2k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Victoria Docks, including the sale and acquisition of businesses as well as simply premises. Whether you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right firm. Regarding the costs this will depend on the structure and complexity of the deal. Let us have your details or phone us so that we may provide you with a fixed commercial conveyancing calculation.
My partner is buying a shared ownership flat in Victoria Docks. He was given a quote by the solicitor connected to the estate agents and it came to £1245 . It was ten years ago since I sold and purchased a property and the bill was £600. Have fees really gone up that much?
We would recommend that you e-mail 3 or 4 local Victoria Docks conveyancing solicitors seeking estimates. You should base your choice not solely on cost, but on promptness and on how comprehensive the reply was.