We note that you have a post code search directory identifying law firms on the Santander conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Victoria Docks?
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 Victoria Docks.
My uncle pointed out to me me that in buying a property in Victoria Docks there may be a number of restrictions as to what one can do in terms of external changes to a property. Is this right?
There are a number of properties in Victoria Docks which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Victoria Docks should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Please help - my lawyer advises that restrictive coveneant insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Victoria Docks?
The right level of restrictive coveneant indemnity insurance should be dictated by who your lender. It would differ for example between HSBC Bank and Chelsea Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.
We have agreed to purchase a house in Victoria Docks. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Aldermore be concerned?
Given that your lender is Aldermore your lawyer must comply with the conveyancing instructions outlined in Part two of UK Finance Lenders’ Handbook for Aldermore. The Council of Mortgage Lenders’ Handbook sets out minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to Aldermore where a lease fails to comply with these provisions. The requirements relate to the installation of panels on properties countrywide and is not limited to Victoria Docks.
What can a local search tell me about the house my wife and I buying in Victoria Docks?
Victoria Docks conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations such as PSG The local search plays a central part in many a Victoria Docks conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search will reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
I'm purchasing my first flat in Victoria Docks with a mortgage from Lloyds TSB Bank. The sellers would not reduce the price so I negotiated £7000 of additionals instead. The estate agent advised me not to tell my lawyer about this extras as it may affect my mortgage with the lender. 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.
Hoping to buy a property located in Victoria Docks and I am already nervous. I couldn't find anything specific about Victoria Docks. Conveyancing will be needed in due course but do you know about the Victoria Docks area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Victoria Docks. In the meantime here are some basic statistics that we found
Partway through the sale of a leasehold flat in Victoria Docks. Conveyancing is fine but we have been asked to pay an extortionate amount from the managing agents. To date we have paid £268 for a leasehold management pack and then another £118 for additional queries supplied by the purchaser's property lawyer.
Your lawyer will unlikely have any control over the level of the fee for this information but the typical costs for the information for Victoria Docks leasehold property is £350. For Victoria Docks conveyancing sales it is conventional for the seller to pay for these costs. The landlord or their agents are not duty bound to address such questions although many will be willing to do so - albeit often at high prices disproportionate to the work involved. Regretfully there is no statute that requires set charges for administrative tasks. Neither is there any prescriptive time limit by which they are obliged to provide the information.