What is the difference between a licensed conveyancer and conveyancing solicitor in South Woodford

There are two types of lawyers who can carry out conveyancing in South Woodford namely licenced conveyancers or solicitors. Both professionals provide conveyancing services that you need to complete the disposal or acquisition of property. Both are obliged to execute South Woodford conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally administered and that the requisite procedures should be correctly attended to.

Please help - my lawyer says that restrictive coveneant insurance is required on my purchase. What is the level of cover for South Woodford conveyancing?

The appropriate level of restrictive coveneant indemnity insurance should be dictated by who who your lender is. It would differ for example between Accord Mortgages Ltd and The Royal Bank of Scotland. Conveyancing practitioners as opposed to borrowers take out such insurances.

About to purchase maisonette in South Woodford. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the South Woodford solicitor is on the Virgin Money conveyancing panel.

What does a local search inform me about the property we're purchasing in South Woodford?

South Woodford conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search organisations such as Searches UK The local search plays an important role in most South Woodford conveyancing purchase; as long as you don’t want any nasty surprises after you move into your new home. The search should provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.

I own a terraced Georgian property in South Woodford. Conveyancing lawyer represented me and Clydesdale. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold under the exact same property. I thought I was buying a freehold how can I check?

You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in South Woodford and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with the conveyancing solicitor who conducted the conveyancing.

I am hoping to put an offer on a small detached house that seems to tick a lot of boxes, at a reasonable figure which is making it more attractive. I have since been informed that the title is leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in South Woodford. Conveyancing solicitors have not yet been appointed. Will my lawyers set out the risks of buying a leasehold house in South Woodford ?

The majority of houses in South Woodford are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. We note that you are buying in South Woodford in which case you should be shopping around for a South Woodford conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example obtaining the freeholder’spermission to conduct alterations. You may also be required to pay a maintenance charge towards the maintenance of the estate where the property is part of an estate. Your lawyer should advise you fully on all the issues.

My wife and I have hit a brick wall in trying to purchase the freehold in South Woodford. Can this matter be resolved via the Leasehold Valuation Tribunal?

in cases where there is a missing landlord or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to make a decision on the amount due.

An example of a Lease Extension matter before the tribunal for a South Woodford premises is 135 Maybank Road in January 2013. The Tribunal determined that the price to be paid by the tenants for the grant of a new lease is £10,592 This case related to 1 flat. The unexpired term was 71.2 years.

Can you confirm the variety of conveyancing undertaken by South Woodford conveyancing solicitors?

By and large South Woodford conveyancing companies will supply a number of assistance to residential and rural land proprietors, vendors, investors, freeholders and leaseholders including the following:

Private sale conveyancing in South Woodford and beyond House purchase conveyancing in South Woodford and countrywide South Woodford conveyancing for Buying off mortgagees in possession in and outside of South Woodford Letting Agreements in South Woodford and countrywide Shared equity purchase (part buying and part renting) Voluntary first registration of land