The mortgage offer from HSBC for the remortgage of my 4 room maisonette is coming any day now. Are you able to propose a cheap conveyancing law firm in Wanstead?

This site is not designed to help those in pursuit of cut-price fees for conveyancing solicitors in Wanstead. We can offer you value for money conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing companies enticing you with ninety nine pound conveyancing in Wanstead. At best, in being led by low cost conveyancing, you will get your money’s worth and at worst you will end up paying a lot in extras and still not get the service you were looking for.

I am the registered owner of a freehold premises in Wanstead but nevertheless invoiced for rent, why is this and what is this?

It is rare for properties in Wanstead and has limited impact for conveyancing in Wanstead but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.

My stepmother advised me that in buying a property in Wanstead there may be various restrictions affecting the ability to carry out external changes to the property. Is this right?

We are aware of a number of properties in Wanstead which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Wanstead should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

We are buying a victorian detached house in Wanstead. Our aim is to carry out an extension to the side at the property.Will the conveyancing process involve investigations to see if these alterations are permitted?

Your property lawyer should review the deeds as conveyancing in Wanstead can sometimes reveal restrictions in the title deeds which restrict certain works or need the permission of another owner. Certain works call for local authority planning consent and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor before you commit yourself to a purchase.

Skipton have agreed my home loan in principle, my offer on a property in Wanstead has been accepted, now what?

Your property agent will need to be informed of your lawyer's details (ensure that the lawyers are on the lender’s panel). Contact Skipton or your broker and finish off any appropriate paperwork. Skipton will sellect a valuer who will get in contact with the estate agent or owners to arrange an appointment. Once carried out (assuming no problems) it takes approximately ten days to get a mortgage offer. Skipton will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Wanstead.

I note that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a residence in Wanstead? or Apparently there is a law dating back centuries that means some owners of property living in a parish church boundary may be liable to pay for maintenance to the chancel in proximity to the church. Is this suitable for conveyancing in Wanstead?

Unless a prior acquisition of the property took place post 12 October 2013 you can expect conveyancing practitioners carrying out conveyancing in Wanstead to continue to suggest a chancel search and or chancel repair liability policy.

I have been on the look out for a ground for flat up to £235,500 and identified one close by in Wanstead I like with amenity areas and railway links nearby, the downside is that it only has 51 years on the lease. I can't really find anything else in Wanstead suitable, so just wondered if I would be making a grave error purchasing a short lease?

Should you need a home loan the shortness of the lease will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.