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Find a Poplar Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Poplar? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Poplar home move at risk of delay or failure.

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Recently asked questions about conveyancing in Poplar

I am progressing with the sale of my apartment in Poplar and the estate agent has just called to say that the buyers are switching solicitor. I am told that this is due to the fact that the lender will only deal with property lawyers on their approved list. On what basis would a big named mortgage company only engage with specific law firms rather the firm that they want to select for their conveyancing in Poplar ?

Mortgage companies have always had panels of law firms that can represent them, but in the past few years big names such as HSBC, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for more than 15 years.

Lending institutions blame a rise in fraud as the reason for the cull – criteria have been stiffened as a smaller panel is easier to maintain. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is hearing daily from firms that have been removed from panels. Plenty of firms are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The buyers are unlikely to have any sway in the decision.

Finally the sale completed on my house in Poplar last March yet the purchaser is e-mailing me to moan that his lawyer needs to hear from myconveyancer. What are the post completion sale legalities following completion?

After completion of your sale your solicitor is obliged to send the transfer deeds and all additional paperwork to the purchaser's conveyancer. If applicable, your conveyancer should also send confirmation that the home loan has been repaid to the purchasers solicitors. There are no post completion steps just for conveyancing in Poplar.

I purchased a 4 bedroom Georgian house in Poplar. Conveyancing solicitor acted for me and HSBC Bank. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?

You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Poplar and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who completed the work.

I am buying a new build apartment in Poplar. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Poplar

    Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

I am in need of some leasehold conveyancing in Poplar. Before I set the wheels in motion I would like to find out the unexpired term of the lease.

Assuming the lease is registered - and most are in Poplar - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Having spent years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Poplar. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Most certainly. We are happy to put you in touch with a Poplar conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a Poplar property is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case affected 3 flats. The unexpired lease term was 101.61 years.

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Find out more about how flying freehold can affect your the value of a property.