I am obtaining a mortgage offer from Nat West. I hope to instruct a Licensed Conveyancer in Woolwich. Does the Nat West Conveyancing panel include Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
What can a local search reveal concerning the property we're buying in Woolwich?
Woolwich conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company such as Onsearch The local search plays an important role in many a Woolwich conveyancing purchase; that is if you don’t want any nasty surprises after you move into your property. The search will supply data on, amongst other things, details on planning applications relevant 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 13 topic headings.
I have todayfound out that Stirling Law have been shut down. They carried out my conveyancing in Woolwich for a purchase of a leasehold apartment 10 months ago. How can I check that my home is in my name in the name of the former proprietor?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Woolwich conveyancing specialists.
I am purchasing a new build house in Woolwich benefiting from help to buy. The builders refused to reduce the price so I negotiated five thousand pounds worth of extras instead. The estate agent suggested that I not to tell my conveyancer about the side-deal as it would jeopardize my mortgage with Chelsea Building Society. Should I keep quiet?.
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.
My husband and I are new to the buying process - agreed a price, yet the agent advised that the seller will only move forward if we appoint the agent's preferred solicitors as they are insisting on an ‘expedited deal’. We would rather use a local conveyancer accustomed to conveyancing in Woolwich
We suspect that the seller is not behind this requirement. If they desire ‘a quick sale', alienating a genuine purchaser is not the way to achieve this. Bypass the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you will continue to use your own,trusted Woolwich conveyancing solicitors - not the ones that will give their estate agent a introducer fee or hit his conveyancing thresholds demanded by head office.
Estate agents have just been given the go-ahead to market my garden apartment in Woolwich. Conveyancing is yet to be initiated, however I have recently had a half-yearly service charge invoice – what should I do?
It best that you pay the invoice as usual given that all ground rent and service charges will be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Woolwich conveyancing firm to represent me?
Most definitely. We can put you in touch with a Woolwich conveyancing firm who can help.
An example of a Lease Extension case for a Woolwich premises is 46 Credon Road in January 2014. On 11 September 2013 Deputy District Judge Price sitting at the Bow County Court made a vesting order that the freeholder surrender his lease and be granted a new lease of the Premises on such terms as may be determined by the First Tier Tribunal (Property Chamber).The appropriate sum as concluded by the Tribunal was £7225 This case affected 1 flat. The unexpired residue of the current lease was 69.77 years.