I have been told that property searches are the primary reason for hinderance in Canary Wharf house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances in the conveyancing process. Searches are unlikely to feature in any slowing down conveyancing in Canary Wharf.

Are there restrictive covenants that are commonly identified during conveyancing in Canary Wharf?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Canary Wharf. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a simple, no chain conveyancing. Canary Wharf is the location of the property. Can you offer any advice?

Flying freeholds in Canary Wharf are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Canary Wharf you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Canary Wharf 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.

What tools are available to identify a Canary Wharf solicitor on the conveyancing panel? I am a keen cyclist and am happy to travel upto 10miles to meet the solicitor.

You can use the search on this page. Please select a bank and your location and you will see a number of Canary Wharf conveyancing lawyers located nearest you. We have listed some Canary Wharf conveyancing firms towards the end of this page and you can telephone them to see if they are on the approved list

Two months into a sale of a flat in Canary Wharf. Conveyancing is fine but we are being charged an extortionate amount from the freeholder. So far we have forked out £250 for a leasehold management information and then a further £134.40 for responses to questions raised by the buyers .

Neither you or your will have any impact over the extent of the fee for this information however the average costs for the information for Canary Wharf leasehold property is £380. When it comes to Canary Wharf conveyancing transactions it is standard for the vendor to cover the charges. The freeholder or their agents are not duty bound to address such questions most will agree to do so - albeit often at exorbitant prices disproportionate to the work involved. Unfortunately there is no legislation that mandates fixed fees for administrative tasks. Nor is there any statutory time limit by which they are obliged to provide answers.