I am looking for value for money conveyancer. Should I go for for a nationwide conveyancer or a family Woodford conveyancing solicitor?
Existing third party relationships are another important factor to consider when appointing conveyancing solicitors. Woodford law firms often have connections with financial advisers and estate, local authorities, valuers and other conveyancing firms meaning you will move in shortest possible time. Having vast experience in the local area is also a plus .
I am under pressure from the seller of a property in Woodford to complete within four weeks. What can I do to expedite matters?
First, If the seller is applying pressure to sign contracts it is advisable to make sure that your solicitor is familiar with the area as they will benefit local relationships and know-how. It is even conceivable that they may have transacted previoushomes in the same road. You would be best advised to use a Woodford conveyancing firm. In addition, check that the conveyancing firm is on the lender panel. It is estimated that 18% of Woodford conveyancing deals are suspended or derailed after finding out that a buyer’s conveyancer was not on their banks member panel. In many cases this discovery resulted in the conveyancing being delayed by as much as 21 days. It is understood that this issue affects in the region of one hundred thousand home moves every year. Many Woodford conveyancing practices can not act for certain lenders so do check as early as possible.
I used Wolstenholmes several years past for my conveyancing in Woodford. I now require my papers but the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Woodford of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm purchasing a new build house in Woodford benefiting from help to buy. The developers would not move on the price so I negotiated five thousand pounds worth of extras instead. The sale representative told me not to tell my lawyer about the extras as it may affect my mortgage with Halifax. Is this normal?.
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.
I am a negotiator for a busy estate agency in Woodford where we have witnessed a few flat sales derailed due to short leases. I have been given conflicting advice from local Woodford conveyancing firms. Could you clarify whether the seller of a flat can commence the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I inherited a basement flat in Woodford. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?
Absolutely. We are happy to put you in touch with a Woodford conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Woodford flat is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case was in relation to 2 flats. The unexpired term was 69.26 years.
I am looking to buy a flat and need a conveyancing solicitor in Woodford who is on the lender approved panel. Can you recommend a Woodford or local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who do conveyancing in Woodford. We dont recommend any particular solicitor.