I plan on buying an apartment in Goodmayes. My Conveyancer is not on the lender conveyancing panel. Can I still appoint my Goodmayes conveyancing solicitor even though they are excluded from the lender approved list?
Various options include
- Complete the deal with your existing Goodmayes lawyer but your mortgage company will need to appoint a solicitor from their approved list. The net result is additional fees together with probable delay.
- Choose a fresh conveyancing practitioner to act in the purchase, making sure they are on the bank conveyancing panel.
- Convince your property lawyer to attempt to join the lender panel
I am the registered owner of a freehold house in Goodmayes yet charged rent, why is this and what is this?
It’s unusual for properties in Goodmayes and has limited impact for conveyancing in Goodmayes but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
My wife and I are selling our house in Goodmayes and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any local lawyer would know that there is no such problem. It does beg the question why the purchasers are using an internet conveyancing outfit rather than a conveyancing solicitor in Goodmayes. We have lived in Goodmayes for three years we know that this is a non issue. Is it a good idea to contact our local Authority to get confirmation need.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
It has been 3 months since my purchase conveyancing in Goodmayes completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. 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 property 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've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Goodmayes is the location of the property. Is there any advice you can give?
Flying freeholds in Goodmayes are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Goodmayes you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Goodmayes may decide 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.