I am need of leasehold conveyancing for an apartment in a relatively new development (seven years old) in East London. Almost all the properties are already occupied. Do I need carry out the conveyancing searches as part of conveyancing in East London?
You are opening yourself up to an unnecessary risk in refusing to carrying out East London conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal necessity to have them, but we would absolutely advise in the strongest possible terms that you have them. Where accelerating the process and price are primary issues you should consider with your conveyancer about the options such as contingency insurance available to you
After reading online forums for an affordable solicitor in East London, many say that I should look for a CQS accredited solicitor. What is CQS?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * compliance with best practice conveyancing procedures via the scheme protocol the standard includes numerous partnerships who execute conveyancing in East London.
My wife and I purchased a semi-detached Victorian house in East London. Conveyancing practitioner acted for me and Bank of Scotland. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in East London and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing practitioner who conducted the work.
The estate agent has sent us the confirmation of our purchase of a new build apartment in East London. Conveyancing is necessary evil 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 are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in East London
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. 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. 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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
We're FTB’s - agreed a price, but the estate agent advised that the owners will only proceed if we appoint the agent's chosen lawyers as they need a ‘quick sale’. My instinct tells me that we should use a high street solicitor accustomed to conveyancing in East London
We suspect that the owner is not behind this ultimatum. If they require ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Speak to the owners direct and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you intend to appoint your preferred East London conveyancing lawyers - not the ones that will earn the negotiator at the agency a introducer fee or hit his conveyancing figures pre-set by senior management.
Can a conveyancer remove a name from the title of my property in East London ?
Subtracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a property lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a solicitor