We were about to choose a conveyancing solicitor in East Beckton recommended on your site but have come across some other fee calculations via the web look less expensive – why is this?

One can find plenty of websites advertising self styled cut-price conveyancing, unfortunately it’s common in such cases for additionalcosts result in the closing fee markedly uplifted. Solicitors ought to ensure costs listed in terms and conditions should be equitable invoiced The solicitors that we list for conveyancing in East Beckton genuinely set out all costs for a residential conveyancing matter.

Our conveyancer has uncovered a defect with the lease for the property we are purchasing in East Beckton. The seller’s lawyers have offered defective title insurance as a solution. We are content with insurance and will pay for it. Our conveyancer has advised that he must check that the lender is happy with this solution. Who is the client here, us or the bank?

The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the lender are the client. Your solicitor must comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancing practitioner will have no choice but to discontinue acting for you.

I had intended to instruct a conveyancing solicitor in East Beckton for our home move. Our broker has since advised us that our mortgage company Nationwide Building Society won't deal with them. Surely this is unfair competition?

Before the recession most mortgage companies had an appetite for risk which was higher than today. Almost all East Beckton conveyancing firms would have been on many lender panels. The FSA in 2010 carried out a thematic investigation into mortgage fraud which come to the conclusion: know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more information from law firms concerning their operations and their employees as well as establishing certain criteria such a completing on a minimum volume of transactions. Many East Beckton conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. East Beckton is amongst the many areas where the solicitors we recommend are on the panel for Nationwide Building Society.

The estate agent has sent us the confirmation of our purchase of a new build apartment in East Beckton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in East Beckton

Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

In my capacity as executor for the estate of my aunt I am selling a property in Neath but reside in East Beckton. My solicitor (approximately 200 miles from merequires that I sign a statutory declaration before completion. Can you recommend a conveyancing solicitor in East Beckton who can witness this legal document for me?

strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are East Beckton based