Having sold my house in Forest Gate last January yet the purchaser is SMS messaging me to moan that their solicitor needs to hear from myconveyancer. What should have happened following completion?
Post completion of your house sale your solicitor should send the transfer documentation and all additional paperwork to the buyer’s lawyers. Where appropriate, your conveyancer should also send confirmation that the mortgage has been repaid to the purchasers solicitors. There are no post completion procedures specific conveyancing in Forest Gate.
My father pointed out to me me that in buying a property in Forest Gate there could be various restrictions prohibiting external alterations to the property. Is this right?
We are aware of a number of properties in Forest Gate which have some sort of restriction or requirement of consent to carry out 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.
I am the only recipient of my late mum's will and I have everything in my name now, including the house in Forest Gate. Conveyancing formalities meant that the Land Registry date was in October. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', which means that my property ownership could be considered the same way as though I had purchased the house in October. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. How sensible a view mortgage companies take of it, depend on the lender as this requirement is primarily there to capture subsales or the flipping of property.
When it comes to mortgage companies such as Principality, do Forest Gate solicitors have to pay a fee to be on the conveyancing panel?
We are not aware of any lender fees to register on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
My partner and I are intent on selling our home 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 conveyancer would know that there is no such problem. For the life of me I don't know why the buyers instructed a factory type conveyancing practice rather than a conveyancing solicitor in Forest Gate. We have lived in Forest Gate for six years we know of no issue. Should we get in touch with our local Authority to seek confirmation need.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You should check with 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 sickness)
I used Stirling Law several years ago for my conveyancing in Forest Gate. I now require my file however the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Forest Gate of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Forest Gate differ for new build properties?
Most buyers of new build residence in Forest Gate come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because house builders in Forest Gate 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 property lawyers 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 Forest Gate or who has acted in the same development.
What does commercial conveyancing in Forest Gate cover?
Forest Gate conveyancing for business premises covers a broad range of services, provided by regulated solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.