My partner and I are hoping to acquire a flat in Little Ilford and have instructed a Little Ilford conveyancing practice. Within the last couple of days our conveyancer has forwarded the sale agreement to be signed with a detailed report with the expectation that exchange is imminent. The Mortgage Works have this evening contacted us to inform me that they have now hit a problem as our Little Ilford conveyancer is not on their approved list of lawyers. Is this a problem?
Where you are buying a property with the assistance of a mortgage it is usual for the purchasers' solicitors to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on the lender’s conveyancing panel and you may continue to use your own Little Ilford solicitors, in which case it will likely add costs, and it may delay matters as you are adding another lawyer into the mix.
I have given 2 months notice to my current landlord and have to be out of my rented apartment in Little Ilford by 3/2/2025. Conveyancing for my house purchase is underway. How realistic is it to complete in a couple of weeks as I wish to avoid having to move into short term accommodation?
It is unwise to provide notice for your lease until exchange of contracts has taken place. If you have not already done so, update to your conveyancer and urge them to they cajole the sellers side, try to a target completion date that all parties will aim towards
I own a renovated Victorian property in Little Ilford. Conveyancing lawyer acted for me and Platform Home Loans Ltd. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Little Ilford and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing solicitor who carried out the work.
I am looking to sell my home. My past conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Little Ilford if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Little Ilford. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
My father has suggested that I use his conveyancers in Little Ilford. Should I find my own conveyancer?
There are no two ways about it the best way to find a conveyancing lawyer is to get referrals from friends or relatives who have used the conveyancer that you are are thinking of instructing.