We see that you have a search directory identifying law firms on the TSB conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Chingford?
We are a listing service only for law firms wishing to communicate if they are on the TSB conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Chingford.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The conveyancers who conducted the conveyancing in Chingford 10 years ago have long since closed. Will I be able to sell the house?
These day there are copies made of almost everything, and your conveyancer will be aware precisely where to locate all the relevant documentation so you can purchase or dispose of your house without any difficulty. If duplicates are not available, your conveyancer can arrange cover in the form of insurance or indemnities against future claims on your premises.
How does conveyancing in Chingford differ for newly converted properties?
Most buyers of new build or newly converted property in Chingford come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is constructed. This is because builders in Chingford typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chingford or who has acted in the same development.
I'm refinancing my current home to a buy to let mortgage with Coventry Building Society and I will use the rest of the raised equity as a down payment on a second house. The area we are interested in is Chingford. Will your solicitors be able to act for both sets of mortgage companies and tie in the transactions?
Do use our search tool on this site to be sure that the solicitors are approved by both mortgage companies. Having checked that they are your conveyancer should be able to tie up the two conveyancing matters but you should talk with you conveyancer and specify your desired outcome and requirements.
I am tempted by the attractive purchase price for a two flats in Chingford which have approximately fifty years remaining on the leases. Should I regard a short lease as a deal breaker?
There are plenty of short leases in Chingford. The lease is a right to use the property for a period of time. As the lease shortens the value of the lease reduces and it becomes more costly to extend the lease. For this reason it is advisable to increase the term of the lease. More often than not it is difficulties arise selling premises with a short lease because mortgage lenders may be unwilling to lend money on properties of this type. Lease enfranchisement can be a protracted process. We recommend you get professional help from a solicitor and surveyor with experience in this arena.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Chingford conveyancing firm to represent me?
Where there is a missing landlord or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the LVT to determine the sum to be paid.
An example of a Freehold Enfranchisement decision for a Chingford premises is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case affected 2 flats. The unexpired term was 69.26 years.
Some months ago I was informed by my lender that their approved solicitors operate no sale no fee basis for conveyancing in Chingford. Our purchase aborted and now the lawyers have requested search fees! They are stating that the fees are independent!
By promising "no completion no fee" Chingford conveyancing lawyers are foregoing their charges for any work done. We must stress this is not to be regarded as an insurance scheme. Disbursements aren’t covered – where the property lawyer have to pay money out to independent parties, for example Chingford local search fees