We are buying a house and need a conveyancing solicitor in Woolwich who is on the Leeds Building Society solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Woolwich.
Please explain the implications if my lawyer’s firm is suspended from the Bank of Ireland Solicitor panel ahead of completing my conveyancing in Woolwich?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
I purchased a semi-detached Georgian house in Woolwich. Conveyancing lawyer represented me and Barnsley Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Woolwich and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with your conveyancing solicitor who conducted the conveyancing.
I opted to have a survey carried out on a property in Woolwich ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies may not issue a loan on a flying freehold home.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to telephone us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Woolwich. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Woolwich to see if the conveyancing will be more expensive.
My business partner and I are wishing to take an assignment of a lease of an office on a shopping parade. Can you recommend conveyancers offering no-sale-no charges for commercial conveyancing in Woolwich for under 2k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Woolwich, including the sale and acquisition of businesses as well as simply property. Whether you are looking to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we can find you the right solicitor. As for the charges this will depend on the structure and nuances of the deal. Let us have your contact information or telephone so as to enable us to furnish you with a detailed commercial conveyancing quote.
I am tempted by the attractive purchase price for a couple of maisonettes in Woolwich both have approximately fifty years unexpired on the lease term. should I be concerned?
There are plenty of short leases in Woolwich. The lease is a right to use the premises for a period of time. As a lease gets shorter the saleability of the lease deteriorates and results in it becoming more costly to extend the lease. This is why it is generally wise to increase the term of the lease. More often than not it is difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We advise that you get professional assistance from a conveyancer and surveyor with experience in this field.
I am the leaseholder of a garden flat in Woolwich. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the sum payable for a lease extension?
You certainly can. We are happy to put you in touch with a Woolwich conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal 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 was in relation to 1 flat. The unexpired lease term was 69.77 years.