I have been referred to a conveyancing solicitor in Chingford. I need to find out whether they are on the Bank of Ireland conveyancing panel. Can you assist?
The first thing to do is call your solicitor and enquire whether they are on the lender panel. Otherwise please call Bank of Ireland who may be able to confirm.
Can I be sure that the Chingford conveyancing solicitor on the Barclays panel is any good?
When it comes to conveyancing in Chingford seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer carrying out your conveyancing.
Last month we had a mortgage agreed in principle with Co-operative. Chingford conveyancing lawyers are appointed. How long does it take for Co-operative to send the offer to the lawyer?
Some lenders take longer than others. Have Co-operative done the survey? Have you informed Co-operative as to your lawyers' details and checked that your lawyers are on the Co-operative conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Chingford building society branch on various occasions and was told they are content with the situation and they will lend. My Chingford conveyancing solicitor - who is on the lender conveyancing panel- called and was told they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Provided that the conveyancing practitioner is on the mortgage company panel, she or he must follow the CML Handbook specifications for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
A relative recommended that if I am buying in Chingford I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Chingford conveyancing searches. It is not a small report of about 40 pages, listing and setting out important information about Chingford around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Chingford Education with maps and statistics, Local Amenities and other useful data about Chingford.
The deeds to my property can not be found. The solicitors who dealt with the conveyancing in Chingford 10 years ago no longer exist. What are my next steps?
As long as the title is registered the details of your proprietorship will be held by the Land Registry with a Title Number. It is easy to execute a search at the Land Registry, find your house and obtain current copies of the Registered Entries for less than a fiver. Where the title is Leasehold then the Land Registry will in most cases hold a file copy of the Registered Lease and again, a copy can be ordered for a small fee.
I was pointed in your direction by numerous selling agents in Chingford to get a quote from a solicitor on your site. Is there a financial upside for Estate Agents to recommend your services rather than alternative conveyancing organisations?
We don’t give any financial incentive for directing people our way. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
In scouring the world wide web for the phrase on line conveyancing in Chingford it brings up many conveyancersin the vicinity. How do I determine which is the suitable property lawyer for my move?
The ideal way of finding the right conveyancer is through a personal recommendation, so ask colleagues and those you trust who have acquired a property in Chingford or a respected estate agent or financial adviser. Charges for conveyancing in Chingford differ, so it's sensible to request at least four fee estimates from different conveyancers. Be sure to obtain confirmation that the fees are fixed.