We opted for a high street lawyer for our conveyancing in Silvertown last week. Reviewing the Terms I noteI am liable for costs even if the sale aborts. Should I ditch them and choose an on-line lawyer promoting no completion no cost conveyancing in Silvertown?
Generally there is a concession along the lines that if "No Completion No Fee" is offered then the conveyancing charges will generally be more expensive to neutralise the transactions that abort. Also remember that such offerings rarely cover expenditure for instance Silvertown conveyancing search costs.
My wife and I are due to complete buying a house in Silvertown but as a consequence of damage from the recent storms I have was able negotiate recompense from the owner in the sum of three thousand pounds taking the form of a reduction in the price. I had intended this to be addressed as part of a side agreement but Leeds Building Society are not allowing this. Should they have been involved?
Any property lawyer that is on the Leeds Building Society conveyancing panel is obliged to disclose to Leeds Building Society of any variations to the sale price. If you prohibit your lawyer to notify the reduction to Leeds Building Society then they would have to discontinue acting for you. In addition, Leeds Building Society and you would have to appoint a new solicitor for your conveyancing in Silvertown.
We note that you have a post code search directory listing firms on the Santander conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Silvertown?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Silvertown.
Should my conveyancer be raising enquiries regarding flooding during the conveyancing in Silvertown.
Flooding is a growing risk for conveyancers specialising in conveyancing in Silvertown. There are those who acquire a property in Silvertown, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Solicitors are not best placed to impart advice on flood risk, however there are a numerous checks that can be carried out by the buyer or by their conveyancers which should give them a better appreciation of the risks in Silvertown. The standard completed inquiry forms given to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard inquiry of the seller to find out whether the premises has historically flooded. In the event that the property has been flooded in past and is not revealed by the seller, then a buyer may issue a claim for damages resulting from an incorrect response. The buyer’s lawyers will also commission an enviro search. This should higlight if there is a recorded flood risk. If so, further investigations will need to be initiated.
I have been on the look out for a ground for flat up to £195,000 and found one near me in Silvertown I like with open areas and railway links nearby, however it's only got 51 years on the lease. I can't really find anything else in Silvertown suitable, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage the shortness of the lease may be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
Is it possible to switch conveyancer as I have to retain one who is on the Halifax conveyancing list. I had appointed a family conveyancing solicitor in Silvertown round the corner but she is not accepted by Halifax
We will our best to assist in finding you a conveyancing solicitor in Silvertown on the Halifax panel. Please note that the solicitors that we work with do not pay us fee if you instruct them and are fully regulated by the SRA who regulate all conveyancing solicitors in Silvertown. Using the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Silvertown.