I am in a contract race with another buyer for a property in Collier Row. What can I do to expedite matters?
First, If the seller is applying pressure for your conveyancing it is highly recommended that your lawyer is familiar with the location as they will make use of local contacts and insight. It is even conceivable that they may have conducted otherhomes in the same road. Therefore consider using a Collier Row conveyancing solicitor. Second, ensure that the conveyancing firm is on the lender panel. It is claimed that nearly one in five of Collier Row conveyancing deals are suspended or jeopardised after discovering a purchaser’s conveyancer was not on their mortgage lender’s member panel. In many cases this discovery resulted in the legal transfer of property being held up by as much as 21 days. It is understood that this issue impacts in the region of 100,000 home sales every year. Almost all Collier Row conveyancing firms can not represent certain mortgage companies so do check as early as possible.
I am about to put a bid on a leasehold flat in Collier Row. The selling agents say that it is usual for flats in Collier Row to have less than 75 years remaining. I am getting a mortgage with Tesco Bank. Is this going to be acceptable if the lease has Seventy One years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 28/2/2025 the requirements read as follows :
Are there restrictive covenants that are commonly picked up as part of conveyancing in Collier Row?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Collier Row. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
My partner has suggested that I use his conveyancers in Collier Row. Should I use them?
No doubt the best way to find a conveyancing lawyer is to seek guidance from friends or family who have actually experience in using the firm that you are considering.
If instructed can a conveyancer remove someone from the title of my home in Collier Row ?
Subtracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a property lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancer