As a first time buyer what is the most important piece of guidance you can impart regarding purchase conveyancing in Silvertown?

Not many law firms shout this from the rooftops but conveyancing in Silvertown and elsewhere in England and Wales is an adversarial process. Put another way, when it comes to conveyancing there is plenty of opportunity for friction between you and others involved in the legal transfer of property. E.g., the vendor, estate agent and sometimes a lender. Appointing a solicitor for your conveyancing in Silvertown is a critical decision as your conveyancer is your adviser, and is the SOLE person in the process whose role it is to act in your best interests and to keep you safe.

On occasion a potential adversary will try and persuade you that you should follow their advice. As an example, the selling agent may claim to be helping by suggesting your solicitor is dragging his heels. Or your financial adviser may advise you to do take action that is contrary to your solicitors advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

What can a local search reveal about the house my wife and I purchasing in Silvertown?

Silvertown conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company for instance Onsearch The local search is essential in every Silvertown conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your new home. The search should reveal data on, amongst other things, details on planning applications applicable to the property (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 sections.

The deeds to our house are lost. The lawyers who dealt with the conveyancing in Silvertown 10 years ago no longer exist. Will I be able to sell the house?

Nowadays there are duplicates made of almost everything, and your solicitor should know exactly where to locate all the suitable paperwork so you can purchase or dispose of your property without any difficulty. If duplicates are not available, your lawyer may be able to put in place insurance or indemnities protecting you against future claims on your property.

Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Silvertown is where the house is located. Can you shed any light on this issue?

Flying freeholds in Silvertown are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Silvertown you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Silvertown may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Can you offer any advice when it comes to finding a Silvertown conveyancing firm to deal with our lease extension?

When appointing a conveyancer for your lease extension (regardless if they are a Silvertown conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We advise that you speak with several firms including non Silvertown conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:

If they are not ALEP accredited then what is the reason? What volume of lease extensions has the firm carried out in Silvertown in the last year?

Notwithstanding our best endeavours, we have been unsuccessful in negotiating a lease extension in Silvertown. Can the Leasehold Valuation Tribunal adjudicate on premiums?

if there is a missing landlord or if there is disagreement about what the lease extension should cost, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the price payable.

An example of a Lease Extension decision for a Silvertown premises is 46 Credon Road in January 2014. On 11 September 2013 Deputy District Judge Price sitting at the Bow County Court made a vesting order that the freeholder surrender his lease and be granted a new lease of the Premises on such terms as may be determined by the First Tier Tribunal (Property Chamber).The appropriate sum as concluded by the Tribunal was £7225 This case related to 1 flat. The number of years remaining on the existing lease(s) was 69.77 years.