The Isle of Dogs conveyancing solicitors that I recently instructed on my house acquisition in Isle of Dogs have without warning shut down. They were on acting for me because I had to have a lawyer on the Nationwide conveyancing panel and my family Isle of Dogs lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nationwide conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.
Are there restrictive covenants that are commonly identified during conveyancing in Isle of Dogs?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Isle of Dogs. 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…’
Just had an offer accepted on a new build flat in Isle of Dogs. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Isle of Dogs
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Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. 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.
Due to the guidance of my in-laws I had a survey completed on a property in Isle of Dogs in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies may refuse to issue a loan on such a premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Isle of Dogs. Conveyancing may be slightly more expensive based on your lender's requirements.
Do I need to be suspicious about 3rd parties that I am dealing with are recommending an online conveyancing firm as opposed to a local Isle of Dogs conveyancing firm?
As with many professional services, often recommendations from connections can be worth their weight in gold. Nevertheless there are numerous players in a conveyancing matter; estate agents, mortgage brokers and mortgage companies may suggest conveyancers to appoint. Sometimes these lawyers might be known to one of the organisations as being good in their field, but occasionally there exists a financial incentive behind the endorsement. You are free to choose your own conveyancer. You need to be aware that some lenders specify a panel list of law firms you are obliged to use for the mortgage aspect of your home move.
As co-executor for the estate of my grandfather I am disposing of a residence in Swansea but I am based in Isle of Dogs. My lawyer (based 200 kilometers from mehas requested that I execute a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing lawyer in Isle of Dogs to witness and place their company stamp on the document?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are located in Isle of Dogs