The owners of the home we are purchasing have instructed a conveyancing practitioner in Fairlop who has insisted on a preliminary contract with a payment two thousand pounds. Are such contracts appropriate for Fairlop conveyancing transactions?
This kind of arrangement is not the norm in Fairlop, conveyancers will often encourage clients away from them as they detract from the primary focus, namely conveyancing and if you end up having your deposit forfeited then the solicitor at best left with an upset client and at worst a litigious one. Furthermore, there is no assurance that just because the proprietor has entered into an exclusivity contract they will sell to you. They may breach the agreement if they receive sufficient offer to do so because a wronged claimant with the benefit of a lockout agreement will still have to show losses as a consequence of the breach and this may not equate the extra amount that the owner may secure by reneging on the contract, no matter how morally reprehensible the behaviour is.
Can I use your services to recommend a Conveyancing solicitor in Fairlop even if I’m not purchasing or selling a house, for instance if I wish to buy an office in Fairlop with a loan from Godiva Mortgages Ltd?
Our comparison service is mainly used to help choose residential conveyancing solicitors in Fairlop but we have listed at the end of this page some Fairlop commercial conveyancing firms. You will need to make contact with the company directly to establish if they are also authorised to represent Godiva Mortgages Ltd
Forgive me if this question is silly but I am unseasoned as a first time purchaser of a ground floor flat in Fairlop. Do I receive the keys to the property on completion from my conveyancer? If so, I will find a High Street conveyancing solicitor in Fairlop?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the purchase money to the seller's conveyancers, and once they have received this, you will be able to pick up the keys from the selling Agents and move into your new home. This tends to happen early afternoon.
When it comes to mortgage companies such as Santander, do Fairlop property lawyers have to pay a yearly amount to be on the list of approved solicitors?
We are unaware of any bank fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
I am due to exchange contracts on my flat. I had a double glazing fitted in March 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Skipton are being problematic. The Fairlop solicitor who is on the Skipton conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Skipton are requiring a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who conducted the conveyancing in Fairlop 10 years ago no longer exist. What do I do?
These day there are duplicates made of almost everything, and your lawyer will know precisely where to find all the appropriate documentation so you may purchase or dispose of your property without a hitch. If duplicates are not available, your solicitor can arrange cover in the form of insurance or indemnities against future claims on your premises.
I decided to have a survey completed on a house in Fairlop in advance of instructing solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some banks will refuse to issue a loan on this type of home.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Fairlop. Conveyancing may be slightly more expensive based on your lender's requirements.