Purchase of leasehold home : London, E16 - Conveyancing in Canning Town - exchanged 06/03/2009

In March 2009 our conveyancing Canning Town team took instruction on the purchase conveyancing for a 999 year leasehold for a home valued at around £210, 000. 00 located at London, E16. The local authority for this property is Newham Council Borough Of London - www.newham.gov.uk/. Additional conveyancing enquiries were served within the same day of receiving sale documentation (including documentation from the Land Registry). The local authority search revealed that there was a possibility that the Hackney Railway Line Extension Project railway scheme was noted as affecting this area. We needed to satisfy ourselves that this would not adversely affect the structural integrity of the property. 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. The Office Copies obtained from the Land Registry revealed that there was more than one mortgage over the property. We had to satisfy ourselves that the registered proprietor was not in negative equity and would be able to discharge all mortgages over the property.

Mary Spiteri-Panayi was the property lawyer in charge of conveyancing in Canning Town, Newham, East London, London. The estate agent's sales particulars detailing the registered proprietors conveyancing solicitor was obtained shortly before receiving the sale documentation. The estate agent was the Felicity J Lord branch covering Canning Town. - http://www.fjlord.co.uk. The seller's conveyancing solicitor Canning Town was Tucker Turner Kingsley Wood - DX 220 Chancery Lane. Newham, East London, London, Canning Town - Conveyancing - leasehold : Canning Town