We are buying a house in West Beckton. I might seem paranoid but how we can trust a solicitor? On the day of competition we will need to deposit funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am the sole recipient of my late father’s estate and I have everything in my name now, including the house in West Beckton. The West Beckton property was put into my name in January. I plan to dispose of the house. I understand that there is a Mortgage Lenders six month 'rule', which means that my property ownership may be treated the same way as if I'd bought the house in January. Will no one buy the property for half a year?
The CML handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. many mortgage companies would take a practical view as this obligation is principally there to identify subsales or the wholesaling and assigning of property.
Aldermore have agreed my home loan in principle, my bid on a apartment in West Beckton has been accepted, now what?
The property agent will want to know who your solicitors are (be sure the conveyancing practitioners are on the bank’s panel). Call up Aldermore or your financial adviser and finalise any relevant forms. Aldermore will appoint a valuer who will get in touch with the selling agent or seller to arrange a time for the valuation to take place. Once carried out (assuming no problems) it takes approximately a week for the mortgage offer to be issued. Aldermore will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in West Beckton.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. West Beckton is where the house is located. Can you offer any opinion?
Flying freeholds in West Beckton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside West Beckton you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Beckton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am selling my home. My past solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in West Beckton if that affects matters.
You should use our search tool to help you find a solicitor for your conveyancing in West Beckton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
I am on look out for some leasehold conveyancing in West Beckton. Before I set the wheels in motion I require certainty as to the number of years remaining on the lease.
If the lease is registered - and almost all are in West Beckton - 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.
After years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in West Beckton. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We are happy to put you in touch with a West Beckton conveyancing firm who can help.
An example of a Lease Extension decision for a West Beckton 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 affected 1 flat. The number of years remaining on the existing lease(s) was 69.77 years.
I have recently had an offer accepted on a leasehold flat in West Beckton and the broker that we are dealing with suggested his property lawyer. She quoted £800 plus VAT and disbursements. Does this sound steep?
You should not rely on 1 estimate. One should obtain like-for-like quotes for your conveyancing in West Beckton. Then select one that you trust and just as important, is on the approved list of the mortgage company that you are sourcing your mortgage from.