Is it necessary during the course of the conveyancing process to visit the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Canary Wharf so that I can pop in to their offices when needed.
Nowadays approved lawyers for lenders undertake the vast majority of communications through Royal Mail, e-mail or over phone calls. This means that they can undertake the conveyancing transaction regardless of where you live in the country. Nevertheless you should check if you can still book an appointment to visit conveyancing lawyer if you prefer.
Various web forums that I have visited warn that are the number one cause of stalling in Canary Wharf conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays in the conveyancing process. Searches are not likely to feature in any slowing down conveyancing in Canary Wharf.
3 months have elapsed since my purchase conveyancing in Canary Wharf concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the encouragement of my in-laws I had a survey completed on a house in Canary Wharf before retaining solicitors. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some banks will refuse to grant a loan on a flying freehold home.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Canary Wharf. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Canary Wharf to see if the conveyancing will be more expensive.
Hoping to buy a property located in Canary Wharf and I am already nervous. I couldn't find anything specific about Canary Wharf. Conveyancing will be needed in due course but do you know about the Canary Wharf area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Canary Wharf. In the meantime here are some basic statistics that we found