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Recently asked questions about conveyancing in Woolwich

We went with a Woolwich based lawyer for my conveyancing in Woolwich last week. Going through the Ts and Cs I noteI am liable for costs even if our purchase doesn't happen. Should I go with them or instruct an on-line solicitor practice promising no move no charge conveyancing in Woolwich?

Generally there is a compromise along the lines that if "No Completion No Fee" is advertised then the fee levels will tend to be be more expensive to neutralise those cases that do not go ahead. Dont forget that these deals tend not to protect you from expenditure by way of example Woolwich conveyancing search costs.

I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Woolwich is where the house is located. What do you suggest?

Flying freeholds in Woolwich are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Woolwich you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Woolwich may decide 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 property.

I am looking into buying my first house which is in Woolwich and I am already nervous. I couldn't find anything specific about Woolwich. Conveyancing will be needed in due course but do you know about the Woolwich area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Woolwich. In the meantime here are some basic statistics that we found

I work for a busy estate agency in Woolwich where we have experienced a few leasehold sales derailed due to short leases. I have received contradictory information from local Woolwich conveyancing solicitors. Can you clarify whether the owner of a flat can instigate the lease extension process for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

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 Woolwich conveyancing firm to help?

Where there is a missing landlord or where there is dispute about the premium for a lease extension, under the relevant statutes it is possible to make an application to the LVT to calculate the amount due.

An example of a Lease Extension matter before the tribunal for a Woolwich premises 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 related to 1 flat. The unexpired lease term was 69.77 years.

Do online conveyancing companies do everything a high street Woolwich solicitor does or must I retain a solicitor for the final stages for my conveyancing in Woolwich?

Where you instruct an online conveyancer they should cover all the tasks your Woolwich conveyancer will cover.

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Find out more about how flying freehold can affect your the value of a property.