We note that you have a post code search directory identifying law firms on the HSBC conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Waltham Forest?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Waltham Forest.
A colleague recommended that where I am purchasing in Waltham Forest I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Waltham Forest conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Waltham Forest around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Waltham Forest Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Waltham Forest Education with plans and statistics, Local Amenities and other useful information about Waltham Forest.
How does conveyancing in Waltham Forest differ for newly converted properties?
Most buyers of new build premises in Waltham Forest approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Waltham Forest usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Waltham Forest or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Waltham Forest is the location of the property. Can you shed any light on this issue?
Flying freeholds in Waltham Forest are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Waltham Forest you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Waltham Forest 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 premises.
I'm converting the mortgage on my primary house to a buy to let mortgage with Barclays and I will use the rest of the raised equity as a deposit on further property. The area we are interested in is Waltham Forest. Will your solicitors be able to act for both sets of lenders and tie in the two deals?
Make use of our search tool on this page to be sure that the conveyancers are approved by both banks. On the basis that they are your conveyancer should be able to tie up the two transactions but you should talk with you conveyancer and make apparent your expectations and requirements.
Last December I purchased a leasehold property in Waltham Forest. Do I have any liability for service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Waltham Forest conveyancing firm to help?
Absolutely. We are happy to put you in touch with a Waltham Forest conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Waltham Forest property is 32 Howard Road in June 2012. the Tribunal held that premium payable for the freehold reversion should be £35,825 This case related to 2 flats. The remaining number of years on the lease was 64 years.