Forgive me if this question is silly but I am wet behind the ears as FTB of a two bedroom flat in Stepney. Do I receive the keys to the house on the completion date from my lawyer? If so, I will use a High Street conveyancing solicitor in Stepney?
On the day of completion you will not be required to go to the conveyancers office in Stepney. Your solicitors will electronically transfer the purchase money to the seller's conveyancers, and once they have received this, you will be invited to collect the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
We have agreed to purchase a house in Stepney. A rare aspect is that the roof has a solar panel. Skipton have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Skipton your lawyer must follow the formal instructions contained in Section two of UK Finance Lenders’ Handbook for Skipton. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Skipton where a lease does not satisfy these conditions. The requirements relate to the installation of panels on properties in England and Wales and is not limited to Stepney.
I have today made my last payment due on my mortgage with Bank of Ireland. I assume I don't need a Stepney conveyancer on the Bank of Ireland panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Bank of Ireland mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Bank of Ireland mortgage from the register. Bank of Ireland, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Bank of Ireland has sent the Land Registry the discharge electronically, and
- Bank of Ireland has instructed the Land Registry to do so
What does a local search inform me about the property I am purchasing in Stepney?
Stepney conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search company for example Searchflow The local search plays a central part in many a Stepney conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your property. The search will supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
I have todaybecome aware that Stirling Law have been shut down. They conducted my conveyancing in Stepney for a purchase of a freehold house 10 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Stepney conveyancing specialists.
I'm buying my first flat in Stepney benefiting from help to buy. The builders would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep advised me not reveal to my lawyer about this deal as it will adversely affect my mortgage with Yorkshire Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What tools are available to locate a Stepney law firm on the The Royal Bank of Scotland conveyancing panel? I am a keen cyclist and am willing to travel upto 10kilometers to meet the lawyer.
Feel free to make use of the tool on this website. Please select a lender and your location and you will see a number of Stepney conveyancing lawyers located nearest you. We have detailed some Stepney conveyancing firms at the bottom of this page and you can ring them to see whether they are on the The Royal Bank of Scotland approved list