Much to our surprise we have been informed by our estate agent that my Romford lawyer is not on the lender Solicitor panel. What can I do to check?
The first thing you need to do is to call your Romford lawyer directly. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
What is the first thing I need to know concerning purchase conveyancing in Romford?
You may not hear this from too many lawyers but conveyancing in Romford or throughout Essex is often a confrontational process. In other words, when it comes to conveyancing there exists plenty of room for conflict between you and other parties involved in the home moving process. For example, the vendor, property agent and sometimes a lender. Selecting a solicitor for your conveyancing in Romford is a critical decision as your conveyancer is your adviser, and is the ONE party in the transaction whose role it is to act in your legal interests and to protect you.
We are witnessing a worrying emergence in the "blame" culture- someone must be blamed for the process being so protracted. You your first instinct should be to trust your lawyer ahead of all other parties when it comes to the legal transfer of property.
Have completed on a a semi-detached house in Romford , how long should it take for the Land Registry to register my ownership? My Romford conveyancing solicitor has been painfully slow, so I want to be sure the registration is dealt with.
There is nothing unique when it comes to conveyancing in Romford registration formalities. Rather than based on location, timeframes can vary subject to the party submitting the application, whether it is in order and whether the Land registry need to notify any other parties. At present approximately three quarters of submission are fully addressed in less than three weeks but some can be subject to extensive delays. Registration is effected after the new owner has moved in to the property thus an expedited registration is not usually primary concern yet where it is urgent that the the registration takes place urgently then you or your solicitor could contact the land registry and explain the circumstances.
How does conveyancing in Romford differ for new build properties?
Most buyers of new build or newly converted property in Romford approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is finished. This is because new home sellers in Romford typically 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 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 accustomed to new build conveyancing in Romford or who has acted in the same development.
I own a leasehold flat in Romford. Conveyancing and Aldermore mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Romford who previously acted has now retired. Do I pay?
First contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Romford conveyancing firm to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have had difficulty in trying to purchase the freehold in Romford. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Where there is a missing freeholder or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to arrive at the premium.
An example of a Lease Extension case for a Romford property is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case related to 1 flat. The unexpired term was 57.5 years.
What is the best way of identifying a auction conveyancing in Romford?
First ask the people you trust who they would recommend. Second, use a search tool on the web for conveyancing in Romford. Call a couple or more firms from the list and request that they email you their conveyancing quote and speak to the lawyer who will handle your conveyancing before you make your choice. Option 3 is to make use of this site to assist you in finding the right lawyers for you based on your unique requirements including location,speed, complexity and who your intended mortgage company is.Resist the temptation to appoint £99 conveyancing solicitors in Romford