Conveyancing on the Purchase of a Leasehold Property Located Canary Wharf - Conducted by Fridays

In May 2009 Fridaysmove licensed Canary Wharf and Poplar conveyancing team took instruction on the purchase conveyancing for a 999 year leasehold property valued at around £495, 000. This property is located at 36 Westferry Circus, London.

Fridaysmove conveyancing team ensured that detailed enquiries were sent within the same day of receiving conveyancing documentation.

The Conveyancing lawyers discovered that this property is in a conservation area, conveyancers need take extra precautions in case any alteration have been made. The handling conveyancer discovered that there were Planning permissions affecting this residence.

Where a conveyancing lawyer identifies a property is within a conservation area this means that the local authority has the following extra controls over the property ( over and above planning permission and building regulations ) :

  • demolition
  • minor developments 
  • the protection of trees 

The Land Registry Office Copies supplied revealed that the registered proprietors had owned the property for less than five years and as such there was a danger that the transfer of the property to the seller could be set aside if it was established that the property within that five year period was a Transfer at Undervalue.

Transfer at Undervalue:The transfer of property or an interest in it (for example a transfer by the owner into the joint names of himself and another) by way of gift or for a price less than the current market value of the property.

There was a concerning discrepancy between details of the registered proprietors as per the conveyancing documentation as against the Official Copies. This was obviously significantly important to clarify as our conveyancing lawyer needed to be sure that the registered owner and the seller on the contract were one and the same.

The Land Registry documentation revealed that the property was subject to restrictions/rights/covenants as set out in a transfer dated 28/05/1997. It was important that we checked with the registered proprietors property conveyancer that the aforementioned restrictions/covenants etc. had been fully complied with.

Mary Spiteri-Panayi was the solicitor in charge of conveyancing in Canary Wharf and Poplar, Tower Hamlets, East London.

The estate agent's particulars of sale detailing the registered proprietors property conveyancer was obtained shortly before receiving the conveyancing documentation.

The local authority area of the residence is Tower Hamlet Council .

The estate agent was the Felicity J Lord branch covering Canary Wharf and Poplar.

The seller's conveyancing solicitor Canary Wharf and Poplar was Eversheds - DX 50798 Cardiff. Tower Hamlets, East London.

If you would like to know more about conveyancing or have any questions regarding conveyancing, then please feel free to contact Fridaysmove conveyancing lawyers. Fridaysmove have headquarters just a stone's throw from London's St Pancras International, Fridaysmove are the UK's leading conveyancing specialist serving the whole of England and Wales. Fridaysmove consistently out perform market conditions and with current market turbulence, you simply cannot afford to instruct reactive property lawyer s.

Well over 150 estate agent brands refer their clients to Fridaysmove as they know this is the best you can do towards giving your purchase or sale the optimum chance of a successful completion.