Why do I have to pay up front for my conveyancing in Woodside Park?

If you are buying a property in Woodside Park your lawyer will request that you place them with funds to cover the the cost of the conveyancing searches. Ordinarily this is needed to cover the fees of the Local Authority Search. If any down payment is payable against the sale price then this will be asked for immediately in advance of contracts are exchanged. The final balance that is needed should be sent to your lawyer shortly before completion.

My relative recommended that where I am purchasing in Woodside Park I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is occasionally quoted for as part of the standard Woodside Park conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Woodside Park around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Woodside Park.

Just had an offer accepted on a new build flat in Woodside Park. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Woodside Park

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.

I was recommended by two or three local selling agents in Woodside Park to get a quote from a solicitor on your site. What’s the financial incentive for Estate Agents to offer your services ahead of another?

We don’t make any financial incentive for pointing buyers and sellers in our direction. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

We are about to exchange buying a property in Woodside Park but as a result of damage from the recent storms I have negotiated reparation from the current proprietors of £2k in the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process but my lender will not permit this. Should they have been informed?

The conveyancer being on the bank approved list is required to advise the mortgage company of any changes to the sale price. In the event that you did not allow your conveyancer to report the reduction to your bank then they would have no choice but to refrain from representing you and the bank.