We are about to exchange on the purchase of a property in Redbridge but as a consequence of damage from the recent storms I have was able negotiate recompense from the current proprietors of £2k taking the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process but Barclays will not agree to this. Should they have been informed?
Any conveyancing practitioner being on a Barclays approved list is duty bound to inform Barclays of any variations to the sale price. If you prohibit your conveyancer to disclose the reduction to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new solicitor for your conveyancing in Redbridge.
Do banks and building societies provide you with an approved list of Redbridge conveyancing solicitors? How do you know who is on the Clydesdale conveyancing panel?
Redbridge conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
We're in Redbridge, First time buyers purchasing with a mortgage (lender is Virgin Money , and our solicitor is on the Virgin Money conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Virgin Money conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Redbridge?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Redbridge. 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…’
What tools are available to identify a Redbridge solicitor on the TSB conveyancing panel? I drive a motor bike and am happy to travel upto 25miles to meet the conveyancer.
You can use the facility on this page. Please choose the lender and your location and you will see a number of Redbridge conveyancing lawyers based on proximity. We have listed some Redbridge conveyancing firms at the bottom of this page and you can contact them to verify if they are on the TSB member panel