My wife and I are due to exchange buying a house in Lea Bridge but as a result of damage from the recent storms I have was able negotiate compensation from the seller of £3k in the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process however Aldermore will not agree to this. Why were they informed?
Your conveyancer being on a Aldermore approved list is duty bound to disclose to Aldermore of any variations to the purchase price. If you prohibit your conveyancer to notify the reduction to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new conveyancer for your conveyancing in Lea Bridge.
We are buying a flat in Lea Bridge. It might be a silly question but how we can trust a lawyer? At some point we have to deposit our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I just bought a house at auction in Lea Bridge. Conveyancing is necessary. What happens now?
Having exchanged you should retain a conveyancing practitioner quickly as you now have a tight deadline in which to complete the property. An auction property will ordinarily have an associated legal set of papers. This will likely include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the conveyancing papers should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You must hand this to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that your finances are organised to complete the transaction on the set completion date.
I have been advised by my conveyancer that breach of easement insurance is needed on my purchase. What is the level of cover for Lea Bridge conveyancing?
The right level of breach of easement indemnity insurance depends on who your lender is. It would differ for example between Birmingham Midshires and Coventry Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Lea Bridge is the location of the property. Is there any guidance you can give?
Flying freeholds in Lea Bridge are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lea Bridge you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lea Bridge may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Are there any apps to help identify a Lea Bridge law firm on the National Westminster Bank conveyancing panel? I have wheels and am happy to travel upto 10miles to meet the lawyer.
You can use the facility on this website. Please choose the mortgage company and your location and you will see a number of Lea Bridge conveyancing lawyers based on proximity. We have listed some Lea Bridge conveyancing firms towards the end of this page and you can call them to verify whether they are on the National Westminster Bank approved list
As co-executor for the estate of my grandfather I am selling a residence in Monmouth but live in Lea Bridge. My conveyancer (approximately 300 miles awayhas requested that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Lea Bridge to attest this legal document for me?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are located in Lea Bridge
I require the services of a bank panel solicitor in Lea Bridge. Could you help me?
Unfortunately it’s not apparent why you need a Lea Bridge panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Lea Bridge are on their panel . If you do find such a firm in Lea Bridge not listed please direct them to our site to list. After all the cost is only one £1 a month