Unfortunately I am unable to travel far from Forest Gate. Is there a reason why all Forest Gate conveyancing practitioners aren't automatically on all bank panels?
As inequitable as it may seem for lenders to restrict who can represent them, from the public’s or solicitor’s perspective, the other side of the coin is that lending institutions are becoming ever more anxious and regard it imperative to protect them against illegal activities. As a consequence of this concern mortgage companies are limiting their conveyancing panel to a manageable size.
I am purchasing a terraced house in Forest Gate. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Forest Gate you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Forest Gate.
A friend informed me that in buying a property in Forest Gate there could be a number of restrictions preventing external changes to the property. Is this right?
There are anumerous of properties in Forest Gate which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Forest Gate should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We have agreed to purchase a house in Forest Gate. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender TSB be concerned?
Given that you are obtaining a mortgage with TSB your lawyer must check the formal requirements set out in Part 2 of UK Finance Lenders’ Handbook for TSB. The Council of Mortgage Lenders’ Handbook contains minimum requirements for solar panel roof-space leases, and lawyers are required to report to TSB where a lease does not comply with these provisions. The specifications relate to the installation of panels on properties nationwide and is not restricted to Forest Gate.
I am due to exchange contracts on my apartment. I had a double glazing fitted in November 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Aldermore are being difficult. The Forest Gate solicitor who is on the Aldermore conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
My wife and I are downsizing from our house in Forest Gate and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A high street Forest Gate lawyer would know this is not the case. It does beg the question why the purchasers are using a nationwide conveyancing firm rather than a conveyancing solicitor in Forest Gate. Having lived in Forest Gate for many years we know that this is a non issue. Do we get in touch with our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing firm already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
In what way can the Landlord & Tenant Act 1954 impact my commercial property in Forest Gate and how can you help?
The particular law that you refer to affords security of tenure to commercial lessees, giving them the right to apply to court for a new tenancy and remain in occupation when the lease comes to an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Forest Gate is one of our hundreds of locations in which the firms we work with are located
My husband and I are new on the property ladder - agreed a price, yet the selling agent advised that the vendor will only issue a contract if we appoint their preferred conveyancers as they want a ‘quick sale’. My instinct tells me that we should use a family solicitor used to conveyancing in Forest Gate
We suspect that the owner is not behind this ultimatum. Should the seller desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is not the way to achieve this. Bypass the agents and go straight to the owners and make the point that (a)you are motivated buyers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to use your own,trusted Forest Gate conveyancing firm - as opposed tothose that will earn their estate agent a introducer fee or hit his conveyancing figures set by corporate headquarters.