I am expecting a offer of a home loan from Santander. My intention is to instruct a Licensed Conveyancer in Silvertown. Does the Santander Conveyancing panel include Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
What is the first thing I need to know regarding purchase conveyancing in Silvertown?
Not many law firms shout this from the rooftops but conveyancing in Silvertown or throughout England and Wales is an adversarial process. In other words, when it comes to conveyancing there is lots of opportunity for confrontation between you and others involved in the legal transfer of property. For instance, the vendor, estate agent and on occasion a bank. Choosing a lawyer for your conveyancing in Silvertown should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the legal process whose interest is to look after your legal interests and to keep you safe.
Sometimes a third party with a vested interest may attempt to persuade you that it is in your interests to do things their way. For example, the selling agent may claim to be helping by claiming that your solicitor is wrong. Or your mortgage broker may try to convince you to do take action that is contrary to your solicitors recommendation. You should always trust your lawyer above all other parties in the home moving process.
I require quick conveyancing in Silvertown as I have pressure to exchange contracts within one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are are a cash purchaser you have the choice not to do searches although no law firm would recommend that you don't. With plenty of history conveyancing in Silvertown the following are examples of what can arise and therefore impact future mortgageability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...
The deeds to my home can not be found. The conveyancers who handled the conveyancing in Silvertown 5 years ago are no longer around. What are my next steps?
You no longer need to hold title official documentation to prove you are the owner of your registered land or property, as the Land Registry have everything they need in a digital format.
I am buying a new build house in Silvertown with a mortgage from TSB. The builders refused to move on the price so I negotiated 6k of additionals instead. The house builders rep advised me not inform my lawyer about the extras as it could adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In what way can the Landlord & Tenant Act 1954 impact my commercial premises in Silvertown and how can your lawyers assist?
The 1954 Act affords a safeguard to business lessees, giving them the legal entitlement to make a request to court for a renewal lease and continue in occupation at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Silvertown is one of the many locations in which the firms we work with are located