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Find a Silvertown Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Silvertown

Do the conveyancing lawyers listed on your site conduct conveyancing in Silvertown by way of an attended exchange?

There are a few conveyancing specialists carrying out personalised exchanges. You should contact us to secure a conveyancing quote and details as to dates.

I am helping my sister sell her house in Silvertown. Will the conveyancer arrange an energy assessment or should I organise this?

Following the demise of Home Packs, energy assessments was kept a mandatory element of selling a property. An energy assessment must be to hand in advance of the property being marketed. This is not a task that conveyancers normally organise. Where you are instructing a Silvertown conveyancing solicitor they might be able to arrange energy performance certificates due to their contacts with reputable Silvertown energy assessors

I am due to move house in March. Should my conveyancing solicitor call the removal company on the day of completion. As an aside, can you put forward a removal company in Silvertown. Conveyancing solicitor was chosen prior to coming across your site.

On the afternoon of completion you can collect the keys from the selling agent but this can only occur when the vendors lawyers confirm to the agent that they have the completion monies and the keys can be released. You should inform the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal company but can assist you in choosing a conveyancing in Silvertown or a legal practice with expertise in conveyancing in Silvertown.

I had a mortgage agreed in principle with Principality. Silvertown conveyancing solicitors are selected. What is the average time that one could expect to receive a mortgage offer from Principality?

There is no definitive answer here. Have Principality completed the survey? Have you informed Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

Over the last few months I have been searching for a leasehold apartment up to £305k and found one close by in Silvertown I like with a park and station nearby, however it only has 49 years unexpired on the lease. There is not much else in Silvertown suitable, so just wondered if I would be making a mistake acquiring a short lease?

Should you need a mortgage the remaining unexpired lease term may be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.

Do you have any top tips for leasehold conveyancing in Silvertown from the point of view of speeding up the sale process?

  • Much of the frustration in leasehold conveyancing in Silvertown can be reduced where you instruct lawyers the minute you market your property and ask them to put together the leasehold information needed by the buyers’ representatives.
  • The majority of freeholders or Management Companies in Silvertown levy fees for providing management packs for a leasehold home. You or your lawyers should find out the fee that they propose to charge. The management pack can be applied for as soon as you have a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most frequent cause of delay in leasehold conveyancing in Silvertown. If you have had any disputes with your freeholder or managing agents it is very important that these are settled prior to the flat being put on the market. The buyers and their solicitors will be nervous about purchasing a flat where a dispute is unsettled. You may have to bite the bullet and discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is better to reveal the dispute as historic as opposed to unresolved. In the event that you altered the property did you need the Landlord’s permission? In particular have you laid down wooden flooring? Silvertown leases often stipulate that internal structural alterations or installing wooden flooring require a licence issued by the Landlord consenting to such works. Where you dont have the consents to hand do not contact the landlord without checking with your conveyancer in advance. A minority of Silvertown leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should notify your estate agents to make sure that the purchasers put in hand bank and professional references. The bank reference will need to confirm that the buyers are financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their solicitors.

I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Silvertown conveyancing firm to assist?

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

An example of a Lease Extension matter before the tribunal for a Silvertown property is 46 Credon Road in January 2014. On 11 September 2013 Deputy District Judge Price sitting at the Bow County Court made a vesting order that the freeholder surrender his lease and be granted a new lease of the Premises on such terms as may be determined by the First Tier Tribunal (Property Chamber).The appropriate sum as concluded by the Tribunal was £7225 This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 69.77 years.

How and when do I cover the costs of the Stamp Duty Land Tax payable for my Silvertown house purchase?

Most conveyancing practitioners will complete a stamp duty return on your behalf during your Silvertown purchase transaction for signature. On completion your conveyancing practitioner will submit your STL application to the Tax Authorities and - as long as they have the funds - settle any land tax liability for you.

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