I was recommended to a conveyancer who has quoted £995 for freehold conveyancing in Leyton. I’m selling a purpose built house for £150,000. This seems too much. Is it in excess of what I should be paying for conveyancing in Leyton?
The charges are a little high. If you shop around you might shave off some of the expense by perhaps £125. That being said, you mightcome to regret opting for an an untested solicitor. Don't forget to check that the firm can also act for your bank. You can use our comparison tool to select a Leyton conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Leyton.
We are about to sign contracts for a leasehold flat in Leyton. We encountered a snag. Our mortgage offer with Skipton Building Society expires on 18/6/2025 but the sellers are insisting on a completion date of 20/6/2025. Is it possible to extend the mortgage expiry date?
The best person to deal with your concern is your lawyer who should calculate whether he or she is corresponding with the bank, vendor’s representatives, selling agents or indeed all parties taking into account the circumstances your house move to date.
When looking at moneysavingexpert.com for a recommended lawyer in Leyton, many advise that I should use a CQS kitemarked solicitor. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in buying or selling property, trusted by some of the UK's major mortgage companies. Four years ago the Conveyancing Quality Scheme was officially recognised by the Association of British Insurers (ABI). CQS is not a scheme offered by the Council of Licensed Conveyancing. Leyton is one of the many areas of the UK where there are CQS lawyers.
My aunt pointed out to me me that in buying a property in Leyton there may be various restrictions preventing external alterations to the property. Is this right?
There are a number of properties in Leyton which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Leyton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am purchasing a property in Leyton. A rare aspect is that the roof has a solar panel. Leeds Building Society have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Leeds Building Society your lawyer must check the formal requirements set out in Part 2 of UK Finance Lenders’ Handbook for Leeds Building Society. The CML Handbook contains minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to Leeds Building Society where a lease does not satisfy these specifications. The specifications relate to the installation of panels on properties in England and Wales and is not isolated to Leyton.
I am expecting a DIP from Aldermore this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Aldermore recommend any Leyton solicitors on the Aldermore conveyancing panel, or is it better to go independently?
You will need to appoint Leyton solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
Have purchased a a semi-detached house in Leyton , What is the estimated time for the Land Registry to record the transfer to my name? My Leyton conveyancing solicitor works at snail pace, so I want to be sure the registration formalities are concluded.
As far as conveyancing in Leyton is concerned, registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timeframes can differ according to the party submitting the application, whether it is in order and if the Land registry have to notify any 3rd persons or bodies. Currently approximately 80% of submission are fully addressed in less than three weeks but some can be subject to protracted hold-ups. Historically registration is effected once the new owner has moved in to the property so 'speed' is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for an expedited registration.
How does conveyancing in Leyton differ for new build properties?
Most buyers of new build residence in Leyton contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is built. This is because builders in Leyton tend to buy the site, 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 Leyton or who has acted in the same development.