Can I use your services to recommend a Conveyancing solicitor in Loughton even where I’m not purchasing or disposing of a house, for example where I want to acquire a shop in Loughton with a mortgage from Chelsea Building Society?
Our comparison service is predominantly there to get a quote from residential conveyancing solicitors in Loughton but we have listed at the end of this page a few Loughton commercial conveyancing firms. You should speak with the firm directly to see if they are also authorised to represent Chelsea Building Society
My wife and I purchasing a terrace house in Loughton. The intention is to carry out a loft conversion at the property.Will the conveyancing process involve investigations to determine if these alterations are permitted?
Your solicitor will check the deeds as conveyancing in Loughton can sometimes reveal restrictions in the title documents which prohibit categories of changes or require the consent of a 3rd party. Certain additions require local authority planning permissions and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these issues with a surveyor before you commit yourself to a purchase.
About to purchase maisonette in Loughton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Skipton conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Loughton lawyer is on the Skipton conveyancing panel.
At last I have had an offer on an apartment in Loughton accepted, the owners do however have an associated purchase. The vendors have placed an offer on on an apartment, but it’s not yet tied up, and have viewings of other apartments booked. I have instructed a bricks and mortar conveyancing solicitor in Loughton. What do I do now? At what stage should I apply for the mortgage with Nottingham?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of £1k, then survey, Loughton conveyancing search charges, etc). First, you must check that your solicitor is on the Nottingham approved list. Regarding the next steps this very much depends on the uniqueness of your transaction, attraction to the property and on the state of the market. During a hot market many buyers would apply for a home loan with Nottingham and arrange for the valuation and only if it was satisfactory would they request their conveyancing practitioner to proceed with the conveyancing in Loughton.
Various web forums that I have visited warn that are the primary cause of stalling in Loughton house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Local searches are not likely to be the root cause of slowing down conveyancing in Loughton.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Loughton is where the house is located. What do you suggest?
Flying freeholds in Loughton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Loughton you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Loughton may decide 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 premises.
I have been recommended by a couple of local property agents in Loughton to choose a solicitor using your seach tool. What’s the financial advantage for Estate Agents to recommend your services ahead of alternative conveyancing organisations?
We refuse to offer any financial incentive for pointing buyers and sellers to this site. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I've recently bought a leasehold flat in Loughton. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I am the proprietor of a two-bedroom flat in Loughton. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the amount payable for the purchase of the freehold?
if there is a missing landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to assess the sum to be paid.
An example of a Freehold Enfranchisement decision for a Loughton flat is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case was in relation to 2 flats. The unexpired term was 69.26 years.