Can your site be used to find a Conveyancing solicitor in Wanstead even if I’m not buying or selling a house, for example if I wish to buy a shop in Wanstead with a mortgage from The Mortgage Works?
Our search tool is primarily utilised to select domestic conveyancing solicitors in Wanstead but we have set out at the end of this page a selection of Wanstead commercial conveyancing firms. You will need to speak with the solicitors directly to check if they can also act for The Mortgage Works
Are there restrictive covenants that are commonly identified as part of conveyancing in Wanstead?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Wanstead. 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…’
I'm buying my first flat in Wanstead with a mortgage from Nottingham Building Society. The builders would not move on the amount so I negotiated £7000 of additionals instead. The property agent told me not reveal to my lawyer about this side-deal as it may adversely affect my loan with Nottingham Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Do I need to be concerned about 3rd parties that I am dealing with are recommending a factory type conveyancing firm rather than a High Street Wanstead conveyancing company?
As with lots of service providers, often referrals from family and friends can be extremely useful or valuable. Yet there are lots of players in a conveyancing deal; estate agents, financial adviser and lenders might all put forward solicitors to select. Sometimes the solicitors might be known to one of the organisations as being good in their field, but sometimes there exists a financial incentive behind the recommendation. You are at liberty to choose your own conveyancer. You need to be aware that some lenders operate an approved list of conveyancers you are obliged to use for the mortgage related work in your transaction.
As co-executor for the will of my grandmother I am disposing of a property in Monmouth but reside in Wanstead. My solicitor (approximately 300 kilometers awayrequires that I execute a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing practitioner in Wanstead to witness this legal document for me?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are Wanstead based
I own a leasehold flat in Wanstead. Conveyancing and Alliance & Leicester mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in Wanstead who previously acted has long since retired. Do I pay?
First make enquiries of the Land Registry to make sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. You do not need to instruct a Wanstead conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Wanstead conveyancing firm to help?
Where there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to assess the sum to be paid.
An example of a Freehold Enfranchisement matter before the tribunal for a Wanstead flat is 36 New Wanstead in August 2010. The Tribunal arrived at a valuation of the premium for the freehold of £22,359. This case was in relation to 2 flats. The unexpired term as at the valuation date was 73.92 years.