My wife and I are about to exchange on the purchase of a property in East Beckton but as a result of damage from the recent storms I have was able negotiate compensation from the vendor in the sum of six thousand pounds taking the form of a adjustment in the price. I had intended this to be addressed as part of a side agreement but Kent Reliance are not allowing this. Why were they informed?
The lawyer that is on the Kent Reliance approved list is required to advise Kent Reliance of any variations to the sale price. If you were to refuse your conveyancing practitioner to notify the price change to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new solicitor for your conveyancing in East Beckton.
It is a dozen years since I acquired my home in East Beckton. Conveyancing solicitors have recently been appointed on the sale but I can't track down my title documents. Is this a major issue?
Don’t worry too much. Firstly there is a chance that the deeds will be with your lender or they could still be with the solicitor who oversaw the purchase. Secondly in most cases the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Almost all conveyancing in East Beckton involves registered property but in the rare situation where your property is unregistered it adds to the complexity but is resolvable.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. East Beckton is where the house is located. What do you suggest?
Flying freeholds in East Beckton are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside East Beckton you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Beckton may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Hoping to buy a property located in East Beckton and I am already nervous. I couldn't find anything specific about East Beckton. Conveyancing will be needed in due course but do you know about the East Beckton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at East Beckton. In the meantime here are some basic statistics that we found
My husband and I are first time buyers - agreed a price, yet the selling agent informed us that the seller will only issue a contract if we instruct the agent's preferred lawyers as they want an ‘expedited deal’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in East Beckton
It is unlikely the vendors are behind this. If they desire ‘a quick sale', turning down a genuine purchaser is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are ready to progress, with finances in place © you do not need to sell (d) you wish to move quickly (e)however you intend to use your preferred East Beckton conveyancing lawyers - rather thanthe ones that will provide the estate agent a commission or hit his conveyancing thresholds demanded by senior management.