When will exchange of contracts happen for domestic conveyancing in Shadwell and am I required to attend the conveyancers branch?
Where you are in close proximity to our conveyancing solicitors in Shadwell you are welcome to come in to sign the paperwork. However, the lender approved solicitors we work with supply countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you electronically. The executing of the contract is not the point of no return. A signed contract is necessary for the conveyancer to exchange contracts when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Shadwell)to be in the office at the appropriate time.
I have been told that property searches are the primary cause of delay in Shadwell house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in Shadwell.
Despite weeks of looking the Title Certificate and documents to my property are lost. The conveyancers who did the conveyancing in Shadwell 5 years ago are no longer around. What do I do?
Gone are the days when you need to hold title original deeds to establish that you are the registered proprietor of land or premises, given that the Land Registry hold details of all registered land or property electronically.
I decided to have a survey done on a property in Shadwell ahead of instructing solicitors. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some lenders will refuse to grant a mortgage on a flying freehold house.
It varies from the lender to lender. Santander has different requirements from Halifax. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Shadwell. Conveyancing will be smoother if you use a solicitor in Shadwell especially if they regularly deal with such properties in Shadwell.
How do I use the search facility to find a conveyancing lawyer in Shadwell on the panel for my lender?
First select a mortgage company such as Yorkshire Building Society, Coventry Building Society or Platform Home Loans Ltd then choose your preferred area a common one being Shadwell. Conveyancing practices in Shadwell and across England and Wales should be listed.
Fiveweeks into a sale of a flat in Shadwell. Conveyancing is fine but we are being charged a fortune by the freeholder. So far we have issued a cheque for £295.50 for a leasehold management pack and then a further £200 plus VAT for additional questions raised by the buyers solicitor.
Neither you or your property lawyer will have any control over the extent of the bill for this information but the typical fee for the information for Shadwell leasehold property is £350. For Shadwell conveyancing sales it is customary for the owner to cover the charges. The landlord or their agents are not duty bound to answer these questions although many will be willing to do so - albeit often at high prices out of proportion to the work involved. Unfortunately there is no statute that requires capped charges for administrative tasks. Neither is there any set time frame by which they are duty bound to issue the information.