Is there a search tool that I can use to investigate if the solicitor carrying out my conveyancing in Isle of Dogs is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for TSB thus paying £175.00 in supplemental conveyancing costs.
You should make use of the search tool on this page. Pick the lender and type ‘Isle of Dogs’ or your preferred area and you will discover a number of lawyer based in Isle of Dogs or nearest you.
It has been four months since my purchase conveyancing in Isle of Dogs completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Isle of Dogs differ for newly converted properties?
Most buyers of new build residence in Isle of Dogs come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Isle of Dogs tend to buy the real estate, 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 Isle of Dogs or who has acted in the same development.
As co-executor for the estate of my aunt I am disposing of a property in Cardiff but I am based in Isle of Dogs. My solicitor (who is 300 miles awayrequires that I execute a statutory declaration before completion. Could you suggest a conveyancing solicitor in Isle of Dogs to witness this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are Isle of Dogs based
I am looking at a couple of flats in Isle of Dogs which have about 50 years left on the lease term. Do I need to be concerned?
A lease is a legal document that entitles you to use the premises for a period of time. As a lease gets shorter the marketability of the lease decreases and results in it becoming more expensive to acquire a lease extension. This is why it is generally wise to extend the lease term. Sometimes it is difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this arena.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Isle of Dogs conveyancing firm to help?
Where there is a absentee freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the LVT to calculate the premium.
An example of a Freehold Enfranchisement decision for a Isle of Dogs property is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case affected 3 flats. The remaining number of years on the lease was 101.61 years.
A couple of months ago I was advised by my lender that their panel lawyers work on no completion no charge basis for conveyancing in Isle of Dogs. My purchase did not proceed and now the lawyers have requested search fees! They are stating that the fees are independent!
in offering "no move no fee" Isle of Dogs conveyancing firms are foregoing their fees for any work conducted. We should make it clear that this is not to be regarded as an insurance scheme. you will still be expected to pay for any charges that the lawyer has expended on your behalf for instance Isle of Dogs local authority searches