My partner’s sister is a solicitor. I suspect that I'll be able to get friends and family fee for conveyancing, However if that does not come through, what kind of fees should I be expecting for conveyancing in Canary Wharf?
It’s sensible to look for 3 or more like-for-like conveyancing estimates. Do use our comparison tool on this page. The amounts may be different but service levels do are distinct between solicitors as is true with the vast majority of professional services.
We were just about to exchange contracts for a leasehold flat in Canary Wharf. We encountered a problem. The mortgage offer with Yorkshire Building Society runs out on 13/8/2026 but the vendors are putting forward a completion date of 17/8/2026. Can one prolong the mortgage expiry date?
The person best placed to address this issue is your conveyancer who is in a position to calculate whether they should be discussing with the mortgage broker, seller’s solicitors, property agents or possibly all three taking into account what has gone on in your transaction to date.
It is is a decade since I acquired my house in Canary Wharf. Conveyancing solicitors have recently been instructed on the sale but I can't track down my title deeds. Is this a major issue?
You need not be too concerned. First there is a chance that the deeds will be retained by the lender or they may be in the possession of the conveyancers who oversaw the purchase. Secondly the chances are that the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in Canary Wharf relates to registered property but in the unlikely event that your property is not registered it is more of a problem but is not insurmountable.
We're in Canary Wharf, First timers purchasing with a mortgage (lender is Skipton , and our lawyer is on the Skipton conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Skipton conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Just had an offer accepted on a new build apartment in Canary Wharf. 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 is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Canary Wharf
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Please supply evidence that the form of Lease proposed has been approved by the Land Registry. 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? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Canary Wharf is where the house is located. Is there any advice you can give?
Flying freeholds in Canary Wharf are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Canary Wharf you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Canary Wharf may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.