Me and my husband are purchasing a maisonette in Wapping. My Conveyancer is not on the mortgage company approved panel. Can I still appoint my Wapping conveyancing solicitor notwithstanding that they are not on the bank panel?
You have a couple of alternatives open to you here
- Complete the purchase with your preferred Wapping property lawyer but your lender will no doubt retain a solicitor on their approved list. The net result is additional charges together with likely delay.
- Appoint a fresh lawyer to act in the purchase, ensuring that they are on the lender conveyancing panel.
- Convince your conveyancing practitioner to pull out all the stops to get listed on the mortgage company panel of solicitors
Can I use your services to recommend a Conveyancing solicitor in Wapping even if I’m not buying or disposing of a house, for example where I wish to acquire a shop in Wapping with a mortgage from Aldermore?
The service is predominantly utilised to select residential conveyancing solicitors in Wapping but we have set out at the bottom of this page a few Wapping commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they are also authorised to represent Aldermore
The estate agent has sent us the confirmation of our purchase of a new build apartment in Wapping. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Wapping
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
Due to the encouragement of my in-laws I had a survey completed on a house in Wapping prior to retaining lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some banks will refuse to give a loan on a flying freehold home.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wapping. Conveyancing will be smoother if you use a solicitor in Wapping especially if they are familiar with such properties in Wapping.
Is it simple use the search facility to choose a conveyancing solicitor in Wapping on the approved list for my lender?
Step one is to pick a bank such as Nationwide Building Society, Virgin Money or Britannia then choose your location for example Wapping. Conveyancing firms in Wapping and across England and Wales should be shown.
How and when do I pay stamp duty payable for my Wapping house purchase?
The lawyer should complete a Land Transaction Return Form for you during your Wapping conveyancing transaction for signature. After completion your solicitor will submit your Land Transaction application to the Inland Revenue and - assuming they have the funds - settle any tax bill liability on your behalf.