Are the East London conveyancing solicitors identified as being on the HSBC conveyancing panel, together with their details provided by HSBC?
East London conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
My property lawyer in East London is not listed on the Santander Approved Panel. Is it possible for me to retain my prefered solicitor even though they are not on the Santander approved list?
The limited options available to you here include:
- Complete the purchase with your existing East London lawyers but Santander will need to use a conveyancer on their panel. This will inevitably rack up the total conveyancing fees as well as cause frustration.
- Choose an alternative lawyer to act in the conveyancing, obviously checking they are Persuade your solicitor to do everything within their powers to join the Santander conveyancing panel
Are there restrictive covenants that are commonly picked up during conveyancing in East London?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in East London. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
We're first time buyers - had an offer accepted, yet the selling agent has warned us that the owners will only go ahead if we instruct their recommended lawyers as they want a ‘quick sale’. My instinct tells me that we should use a high street conveyancer with experience of conveyancing in East London
We suspect that the owner is not behind this ultimatum. If they require ‘a quick sale', turning down a motivated buyer is going to damage their objectives. Speak to the vendors direct and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you intend to proceed fast (e)however you intend to use your preferred East London conveyancing firm - as opposed tothose that will provide the negotiator at the agency a commission or hit his conveyancing targets pre-set by head office.
Looking forward to sign contracts shortly on a basement flat in East London. Conveyancing lawyers have said that they will have a report out to me next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in East London should include some of the following:
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Your conveyancers should enable you to have an understanding of the insurance obligations You should know if the lease permits you to change or upgrade aspects of the flat- you should be made aware as to whether any restrictions relates to all alterations or limited to structural alteration, and whether consent is mandated necessary What remedies are open the freeholder should you have breached the provisions of the lease? What you can do if another leaseholder in the building breaches a clause of their lease? Whether your lease has a provision for a slush account for major works?
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a East London conveyancing firm to act on my behalf?
if there is a absentee freeholder or if there is disagreement about what the lease extension should cost, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the price.
An example of a Freehold Enfranchisement decision for a East London flat is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case related to 1 flat. The unexpired lease term was 73.26 years.