Due to move into my new home in Chafford Hundred next Monday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the mortgage company. What does the insurance need to cover?
All property lawyers on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These obligations are not specific to conveyancing in Chafford Hundred.
Can I use your services to locate a Conveyancing solicitor in Chafford Hundred even if I’m not buying or selling a house, for instance where I want to acquire an office in Chafford Hundred with a mortgage from Halifax?
The service is primarily there to find domestic conveyancing solicitors in Chafford Hundred but we have recorded at the end of this page some Chafford Hundred commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they can also act for Halifax
There are numerous conveyancing solicitors in Chafford Hundred but how do I know who's good?
We would encourage you not to go for the cheapest Chafford Hundred conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. 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 go into the conveyancing with your eyes wide open.
I just acquired a flat at auction in Chafford Hundred. Conveyancing is necessary. What is next?
Having exchanged you should retain a conveyancing solicitor as a matter of priority as you are facing a fast approaching a fixed date to complete the conveyancing. All auction property will have a bespoke auction set of papers. This will likely include most,if not all of the paperwork that your conveyancer requires. If you have purchased leasehold property the auction pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You should hand this to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that that you have the requisite funding organised to complete the transaction on the set completion date.
How can we know in advance if a Chafford Hundred conveyancing solicitor on the RBS panel is any good?
When it comes to conveyancing in Chafford Hundred seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor handling your conveyancing.
Over the last few months I have been searching for a ground for flat up to £245,000 and found one close by in Chafford Hundred I like with open areas and transport links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Chafford Hundred for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan that many years may be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
Am I right to be concerned about estate agents that I am dealing with are recommending an online conveyancing firm rather than a local Chafford Hundred conveyancing practice?
As is the case with lots of professional services, often suggestions from connections can be most helpful. Nevertheless there are numerous players in a conveyancing matter; estate agents, mortgage brokers and lenders might all suggest solicitors to choose. Sometimes the conveyancers might be known to one of the organisations as experts in their field, but occasionally there might be a commercial relationship behind the recommendation. You have the discretion to appoint your own lawyer. You need to be aware that many mortgage providers specify a panel list of conveyancers you must use for the mortgage aspect of your transaction.
My father has suggested that I appoint his conveyancers in Chafford Hundred. Should I use them?
Much as we are happy to recommend a Chafford Hundred conveyancing lawyer it’s preferable to find a conveyancing practitioner is to have guidance from friends or relatives who have previously instructed the conveyancer that you are are thinking of instructing.