Souldinstructing a Bow conveyancing solicitor make the ownership transfer smoother?
In the main conveyancing solicitors in your area will have excellent alliances with your local authority, which could assist with your Bow conveyancing searches that your lawyer will need to carry out. It can only assist if they have existing rapport with the Land Registry covering your area Bow, other property lawyers in the neighbourhood and Bow property agents.
We were just about to sign contracts for a property in Bow. We have hit a snag. Our loan offer with Nationwide Building Society runs out on 27/10/2025 but the owners are suggesting a completion date of 29/10/2025. Is it possible to extend the loan offer?
The best person to address this question is your conveyancer who is in a position to calculate if he or she is corresponding with the mortgage company, seller’s representatives, estate agents or possibly all three taking into account the history of your house move as of today.
I purchased a freehold residence in Bow but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Bow and has limited impact for conveyancing in Bow but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
My bid for a property was accepted at auction in Bow. Conveyancing is necessary. What happens now?
Now that you are legally committed yourself to purchase you must retain a conveyancing lawyer quickly as you now have a pending a fixed date to complete the purchase. All auction property should have an associated auction set of papers. This will include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the auction pack may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You should give this to the lawyer working for you as soon as possible. You also need to ensure that your finances are in order to complete the transaction on the set completion date.
We are due to move home in November. Will my conveyancing solicitor call the removal company on the completion day. Incidentally, can you suggest a removal company in Bow. Conveyancing lawyer was organised prior to coming across your website.
On the day of completion you will need to collect the house keys from the selling agent but this should only take place once the previous owners lawyers advise the agent that the monies to complete are in and the keys can be released. You can inform the removal men that they can start moving you in. We are not in a position to suggest a specific removal organisation but can help you locate a conveyancing in Bow or a legal practice with expertise in conveyancing in Bow.
I've digested plenty of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Bow solicitor - who is on the Bank of Ireland conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Bow postcode. As you are getting a mortgage with Bank of Ireland, you could contact them to see if they have a list of approved surveyors in Bow.
I am purchasing my first flat in Bow with a loan from Coventry Building Society. The developers refused to reduce the amount so I negotiated 6k of extras instead. The property agent told me not inform my conveyancer about this extras as it may put at risk my loan with the bank. Do I keep my lawyer in the dark?.
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.
My business partner and I are planning to take an assignment of a lease of an office on the high street. Can you recommend lawyers offering fixed fees for non-domestic conveyancing in Bow for less than 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Bow, including the sale and acquisition of businesses as well as simply premises. Whether you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. As for the fees these will vary based on the structure and terms of the deal. Let us have your contact information or telephone so as to enable us to provide you with a fixed commercial conveyancing quote.