My wife and I are hoping to acquire a property in Silvertown and are in fact using a Silvertown conveyancing practice. Within the last couple of days our lawyer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Barclays have this evening contacted us to advise us that they have now hit a problem as our Silvertown conveyancer is not on their conveyancing panel. Is this a problem?
Where you are buying a property requiring a mortgage it is normal for the purchasers' lawyers to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel and you may continue to use your own Silvertown solicitors, in which case your legal fees may increase, and it may delay matters as you have another set of people involved.
I have given 8 weeks notice to my existing landlord and must vacate my rented property in Silvertown by 17/11/2026. Conveyancing for my house purchase has just started. How realistic is it to complete in six weeks as don't want to have to move into short term accommodation?
It is unwise to serve notice on a rental unless your lawyer suggests that you should. If you have not previously done so, contact to your solicitor and request that they seek the assistance the owners side, try to get a realistic time scale from them that all parties will look to achieve
We are planning to purchase with Melton Mowbray Building Society. I popped in a few local solicitors yet cant to find a Silvertown conveyancing firm on the Melton Mowbray Building Society approved list. Can you assist?
You should take advantage of the search tool on this web page. Pick the building society and type Silvertown or your location and you will be presented with numerous conveyancers located in Silvertown or nearest you.
My wife and I are close to exchanging contracts on the sale of our house in Silvertown and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A high street Silvertown conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers used a factory type conveyancing firm as opposed to a conveyancing solicitor in Silvertown. Having lived in Silvertown for many years we know that this is a non issue. Should we contact our local Authority to seek clarification need.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am buying a new build apartment in Silvertown. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Silvertown
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Please confirm the Lease plans are surveyor prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Our conveyancer in Silvertown has discovered a a problem with the lease for the apartment we are purchasing in Silvertown. The other side have offered title insurance as a workaround. We are content with insurance and will cover the costs. Our solicitor says that as he is on the mortgage company conveyancing panel he must check that the lender is happy with this solution. Are we the client or is the bank?
Just because you have a mortgage offer from the mortgage company does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your Silvertown conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the lender are the client. These conveyancing instructions have to be complied with by the bank conveyancing panel who has to balance acting for you and the bank