Is the fact that my solicitor in Fairlop is not on my mortgage company's conveyancing panel that there is a problem with the standard of her work?
That would most likely be an incorrect assumption to make. There are plenty of reasonable explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Fairlop conveyancing firm and ask them why they are no longer on the approved list for your bank.
I have Fifty Six years unexpired on my lease and need a lease extension for my flat in Fairlop. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 12/2/2025 the requirements read as follows :
What will a local search tell me concerning the house my wife and I purchasing in Fairlop?
Fairlop conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company such as Searches UK The local search plays an important part in many a Fairlop conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your property. The search should supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
Are there restrictive covenants that are commonly picked up during conveyancing in Fairlop?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Fairlop. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Fairlop differ for newly converted properties?
Most buyers of new build property in Fairlop contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is finished. This is because new home sellers in Fairlop typically acquire the land, 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 conveyancing solicitors 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 used to new build conveyancing in Fairlop or who has acted in the same development.
Looking forward to exchange soon on a basement flat in Fairlop. Conveyancing solicitors have said that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Fairlop should include some of the following:
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Where does the liability rest for maintaining the window frames Whether your lease has a provision for a reserve account for major repairs? Information concerning the obligations in the lease to to contribute towards maintenance costs - with regard to both the building, and the wider rights a leaseholder has Does the lease prevent you from renting out the flat, or working from home Do you need to have carpet in the flat or are you allowed wood flooring?
After years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Fairlop. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
if there is a missing landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to calculate the price.
An example of a Lease Extension case for a Fairlop premises is 104 Coventry Road in July 2014. The Tribunal determined that the lease extension permium should be £22,896.15 This case affected 1 flat. The unexpired lease term was 60.29 years.