We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel solicitor as I would prefer to instruct a Stoke Newington based conveyancing firm?
You should check but the chances are that give you one of their panel solicitors should you take up the "fee-free" incentive. Contact the mortgage company to determine if they allow a cash alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Stoke Newington.
Is it necessary to take out insurance to address the risk of chancel repairs when purchasing a residence in Stoke Newington?
Unless a previous acquisition of the house took place after 12 October 2013 you can expect lawyers delivering conveyancing in Stoke Newington to remain encouraging a chancel search and or chancel repair liability insurance.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Stoke Newington is where the house is located. What do you suggest?
Flying freeholds in Stoke Newington are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Stoke Newington you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stoke Newington may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
In my capacity as executor for the estate of my grandfather I am selling a residence in Monmouth but live in Stoke Newington. My lawyer (approximately 250 kilometers from merequires that I sign a stat dec prior to completion. Can you recommend a conveyancing lawyer in Stoke Newington to witness this legal document for me?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are located in Stoke Newington
Expecting to sign contracts shortly on a garden flat in Stoke Newington. Conveyancing lawyers have said that they are sending me a report next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Stoke Newington should include some of the following:
-
Are pets allowed in the flat? It needs to be made clear to you if the lease permits you to alter or improve anything in the property- you must know whether any restrictions applies to all alterations or limited to structural alteration, and whether consent is mandated necessary You should be sent a copy of the lease Rent payments - how much and what the invoice dates are, and also know whether this is subject to change Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice?
Having spent years of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Stoke Newington. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing freeholder or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the LVT to decide the premium.
An example of a Lease Extension matter before the tribunal for a Stoke Newington residence is Lower Flat 16A Beatty Road in September 2012. The premium payable was £13,577. The terms of the lease has been agreed between the Applicants and the First Respondent and the Tribunal did not seek to disturb that agreement. This case affected 1 flat.
Our conveyancing solicitor in Stoke Newington has informed me that he requires personal identification documents stating that this forms part of his legal duty as a solicitor on the bank Solicitor panel. Can you confirm whether this is the case?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the bank. This is not unique to conveyancing in Stoke Newington