What advice do you have for searching for leasehold conveyancing in Basildon?
Option 1 is to ask connections who they used in the past and if they were happy with the service.
Second, use a comparison service on the internet for conveyancing in Basildon. Pick up the phone to two or three listed and invite them to send you their conveyancing costs illustrations and speak to the lawyer who will conduct the conveyancing beforecommitting.
Option 3 is to make use of this site to assist you in finding the right lawyers taking into account your individual requirements including the type of property,deadlines, complexity and who the proposed lender is. Avoid the trap of appointing low cost conveyancing in Basildon
There is lots of here concerning conveyancing in Basildon but can you isolate your top tip for appointing the right conveyancer in Basildon
Do not opt for the cheapest Basildon conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
We have agreed to purchase a house in Basildon. One unusual aspect is that the roof has a solar panel. Leeds Building Society have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Leeds Building Society your lawyer must follow the formal requirements set out in Part two of UK Finance Lenders’ Handbook for Leeds Building Society. The Council of Mortgage Lenders’ Handbook includes minimum conditions for solar panel roof-space leases, and conveyancers are required to report to Leeds Building Society where a lease fails to satisfy these requirements. The requirements relate to the installation of panels on properties nationwide and is not isolated to Basildon.
After shopping around on the internet I have found a Basildon lawyer having made sure that they are on the Skipton conveyancing panel. Does my lawyer arrange the survey of the property?
Skipton will need an independent valuation of the property. Your lawyer will not arrange this. Usually Skipton will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Basildon postcode. As you are getting a mortgage with Skipton, you could contact them to see if they have a list of approved surveyors in Basildon.
I am downsizing from our house in Basildon and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the purchasers instructed a web based conveyancing practice as opposed to a conveyancing solicitor in Basildon. Having lived in Basildon for 5 years we know that this is a non issue. Is it a good idea to contact our local Authority to get clarification need.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
The estate agent has sent us the confirmation of our purchase of a new build apartment in Basildon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Basildon
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Basildon is the location of the property. Can you shed any light on this issue?
Flying freeholds in Basildon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Basildon you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Basildon may determine 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 appointing a Basildon conveyancing practice to deal with our lease extension?
When appointing a property lawyer for lease extension works (regardless if they are a Basildon conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with two or three firms including non Basildon conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be of use:
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How familiar is the firm with lease extension legislation? How many lease extensions have they conducted in Basildon in the last 12 months?
I invested in buying a leasehold flat in Basildon, conveyancing having been completed July 1995. Can you please calculate a probable premium for a statutory lease extension? Similar properties in Basildon with a long lease are worth £165,000. The ground rent is £50 invoiced annually. The lease comes to an end on 21st October 2103
With 78 years remaining on your lease we estimate the price of your lease extension to be between £7,600 and £8,800 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.