Just contacted my conveyancing solicitor in Goodmayes who completed the legal work 18 months ago requesting a conveyancing quote based on an identical type of house sale & purchase (a leasehold residence and a freehold premises) of almost identical values with a loan from Barclays . I am now being charged double. Better the devil I know or should I try and find an alternative conveyancer?
The estimate does seem a tad on the high side. If you are willing to spend time contrasting costs you could get the conveyancing a bit cheaper by as much as a hundred pounds. That being said, assuming were happy with the conveyancing the firm offered you maylive to regret opting for an a cheaper conveyancer. Remember to be sure that the solicitor can represent Barclays . You can make use of our search tool to find a Goodmayes conveyancing firm on the Barclays member panel, which can often include conveyancing solicitors in Goodmayes.
I am approaching an exchange on a flat in Goodmayes and my mum and dad have transferred the exchange deposit to my solicitor. I am now informed that as the deposit has been sent from someone other than me my lawyer needs to make a notification to my lender. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I informed the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really necessary for this now to delay the deal?
Your property lawyer is legally required to check with the bank to ensure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you agree, failing which, your lawyer must cease to continue acting.
We are planning to buy with Coventry BS. I dropped in a couple of high street solicitors yet am struggling to find a Goodmayes conveyancing firm on the Coventry BS panel. Please you help?
Please do take advantage of the search tool on this web page. Pick the building society and type Goodmayes or your preferred area and you will discover a number of lawyer based in Goodmayes or nearest you.
I opted to have a survey carried out on a property in Goodmayes prior to instructing conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some banks tend not grant a mortgage on a flying freehold home.
It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Goodmayes. Conveyancing will be smoother if you use a solicitor in Goodmayes especially if they are acquainted with such properties in Goodmayes.
We're novice buyers - had an offer accepted, but the selling agent informed us that the owners will only go ahead if we use the agent's recommended conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a high street solicitor used to conveyancing in Goodmayes
We suspect that the owner is not behind this request. Should the owner want ‘a quick sale', taking such a hostile approach to a motivated purchaser is counter productive. Avoid the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you will continue to use your preferred Goodmayes conveyancing solicitors - rather thanthe ones that will give their negotiator at the agency a kickback or achieve conveyancing targets pre-set by corporate headquarters.
Can you provide any advice for leasehold conveyancing in Goodmayes with the aim of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Goodmayes can be bypassed where you get in touch lawyers the minute you market your property and request that they start to put together the leasehold information needed by the buyers’ solicitors. You believe that you know the number of years remaining on your lease but it would be advisable double-check by asking your conveyancers. A buyer’s conveyancer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is below 80 years. It is therefore essential at an early stage that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. If you have carried out any alterations to the premises would they have required Landlord’s permission? Have you, for example installed wooden flooring? Goodmayes leases often stipulate that internal structural alterations or addition of wooden flooring necessitate a licence issued by the Landlord approving such alterations. Where you fail to have the paperwork to hand you should not communicate with the landlord without contacting your solicitor in the first instance. If you have had any disputes with your landlord or managing agents it is essential that these are settled prior to the flat being marketed. The buyers and their solicitors will be reluctant to purchase a flat where there is a current dispute. You may have to bite the bullet and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is clearly preferable to reveal the dispute as historic rather than ongoing.
My wife and I have hit a brick wall in trying to reach an agreement for a lease extension in Goodmayes. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Where there is a absentee landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to determine the price payable.
An example of a Lease Extension matter before the tribunal for a Goodmayes flat is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case was in relation to 1 flat. The unexpired term was 61.36 years.