I have just been advised by my mortgage adviser that my Chingford the law firm I have appointed is not on the mortgage company Conveyancing panel. How can I be certain if this is indeed the case?
The first thing you need to do is to contact your Chingford lawyer directly. You lawyer should inform you what has happened. If they are not on the panel they may be able to suggest a Chingford conveyancing practice that is on the conveyancing panel for your bank.
What can a local search inform me regarding the property we're buying in Chingford?
Chingford conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search organisations for instance Xpress Legal The local search plays an important part in many a Chingford conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your property. The search will supply information on, amongst other things, details on planning applications applicable to the premises (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 thirteen subject areas.
four months have elapsed since my purchase conveyancing in Chingford concluded. I have checked the Land Registry website which shows that I paid £150,000 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 residence 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.
I am looking for a leasehold apartment up to £245,000 and found one near me in Chingford I like with open areas and railway links nearby, however it only has 61 remaining years left on the lease. I can't really find anything else in Chingford suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage the remaining unexpired lease term will likely be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
I am 18 days into a leasehold purchase having been recommend to conveyancers by the selling agent to handle our conveyancing in Chingford. I am am extremely dissatisfied with the level of service. Could you help me find new lawyers?
A solicitor would need to be really poor in order to consider replacing them. Has the mortgage been sent? In the event that it has you need to inform them of the new contact details and ensure the mortgage documents are re-issued. Your solicitor ideally should be on the banks panel to avoid added costs and frustration. That should be your starting point. Our find a solicitor tool will assist you in finding a bank approved lawyer for your home move in Chingford