I am expecting a mortgage offer from Santander. I intend to employ the services of a Licensed Conveyancer in Canary Wharf. Does the Santander Solicitor panel include conveyancers regulated by the CLC?
The Santander approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Last February we completed a house move in Canary Wharf. We have noticed several problems with the house which we believe were overlooked in the conveyancing searches. What action can we take? What searches should? have been conducted as part of conveyancing in Canary Wharf?
It is not clear from the question as to the nature of the problems and if they are unique to conveyancing in Canary Wharf. Conveyancing searches and investigations undertaken as part of the buying process are designed to help avoid problems. As part of the legal transfer of property, the vendor answers a questionnaire referred to as a Seller’s Property Information Form. answers turns out to be misleading, you may have a misrepresentation claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Canary Wharf.
This question may be naive but I am unseasoned as a 1st time purchaser of a garden flat in Canary Wharf. Do I collect the keys to the property on completion from my lawyer? If this is the case, I will find a local conveyancing solicitor in Canary Wharf?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the seller's lawyers, and shortly after the monies have arrived, you will be called to receive the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
Are all Canary Wharf Conveyancing Quality Solicitors on the Yorkshire BS conveyancing list of approved practices?
A selection of banks and building societies now utilise the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of firms.
Is it the case that all Canary Wharf solicitors on the Clydesdale conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the Clydesdale conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Some banks do allow licenced conveyancers on their panel and in such a situation the firms would be overseen by the CLC.
I have been on the look out for a flat up to £305k and identified one close by in Canary Wharf I like with open areas and transport links nearby, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Canary Wharf for this price, so just wondered if I would be making a mistake buying a short lease?
Should you require a mortgage that many years may be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
I am looking into buying my first house which is in Canary Wharf and I am already nervous. I couldn't find anything specific about Canary Wharf. Conveyancing will be needed in due course but do you know about the Canary Wharf area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Canary Wharf. In the meantime here are some basic statistics that we found
Is it the case that all Canary Wharf conveyancers on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can drop into your local bank branch in Canary Wharf. Chances are that they will know some good conveyancing solicitors in Canary Wharf