We were just about to exchange contracts for a garden flat in Stoke Newington. We encountered a problem. The loan offer with Coventry Building Society runs out on 2/4/2019 but the vendors are putting forward a completion date of 4/4/2019. Can one prolong the loan expiry date?
The best person to deal with your concern is your lawyer who should determine whether he or she is better off negotiating with the lender, seller’s solicitors, property agents or conceivably all parties given what has gone on in your transaction to date.
My brother-in-law has suggested I instruct a conveyancing solicitor in Stoke Newington. I need to find out if they are accepted on the Aldermore conveyancing panel. Can you help?
You should e-mail the conveyancer and ask them if they are on the lender panel. Alternatively please call Aldermore who may be able to assist.
What does a local search tell me about the property my wife and I buying in Stoke Newington?
Stoke Newington conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search company for instance Onsearch The local search is essential in every Stoke Newington conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search should reveal information on, amongst other things, details on planning applications applicable to the property (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 thirteen subject sections.
How does conveyancing in Stoke Newington differ for new build properties?
Most buyers of new build or newly converted property in Stoke Newington approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Stoke Newington usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Stoke Newington or who has acted in the same development.
How can the Landlord & Tenant Act 1954 affect my business premises in Stoke Newington and how can you help?
The particular law that you refer to affords security of tenure to business lessees, granting the legal entitlement to make a request to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and assist with commercial conveyancing in Stoke Newington