My mortgage company has recommended a law firm on their panel based in Southend On Sea but I would rather choose a conveyancing lawyer in Southend On Sea or nearer to where I live. Can you help?
Far from all Southend On Sea conveyancing practices are on all lender’s conveyancing panel. Please make use of the above search tool to identify a Southend On Sea conveyancing solicitor on the on the mortgage company panel.
Will my conveyancer be making enquiries regarding flooding during the conveyancing in Southend On Sea.
Flooding is a growing risk for solicitors conducting conveyancing in Southend On Sea. There are those who purchase a property in Southend On Sea, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Conveyancers are not qualified to impart advice on flood risk, but there are a numerous checks that can be carried out by the purchaser or by their conveyancers which should figure out the risks in Southend On Sea. The standard information given to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the owner to find out if the premises has suffered from flooding. If flooding has previously occurred which is not revealed by the vendor, then a purchaser may bring a claim for damages stemming from an misleading reply. The purchaser’s lawyers will also carry out an environmental search. This should higlight whether there is any known flood risk. If so, further inquiries should be initiated.
Just had an offer accepted on a new build apartment in Southend On Sea. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Southend On Sea
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are architect prepared. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
How do I locate a Southend On Sea solicitor on the Barclays Direct conveyancing panel? I am a keen cyclist and am willing to travel upto 25miles to meet the solicitor.
Feel free to make use of the search on this page. Please choose the mortgage company and your location and you will see a number of Southend On Sea conveyancing lawyers based on proximity. We have detailed some Southend On Sea conveyancing firms at the bottom of this page and you can telephone them to verify whether they are on the Barclays Direct approved list
We are one month into a leasehold purchase having been recommend to conveyancers by the local agent to perform conveyancing in Southend On Sea. We are not happy. Can you help me find new solicitors?
A lawyer would have to be very poor in order to consider replacing them. Has the loan offer been issued? If so you need to advise them of the new contact details and ensure the loan are issued to the new lawyers. Your conveyancer should be on the lenders panel to avoid added costs and complications. That should be your first question of the new lawyers. Our search tool will assist you in finding a lender approved lawyer for your home move in Southend On Sea
I am employed by a reputable estate agency in Southend On Sea where we see a number of leasehold sales jeopardised as a result of leases having less than 80 years remaining. I have received conflicting advice from local Southend On Sea conveyancing firms. Could you clarify whether the owner of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Southend On Sea Leasehold Conveyancing - A selection of Queries Prior to Purchasing
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What is the length of the lease? It is important to be aware whether window replacement or some other significant cost is coming up to be shared amongst the tenants and could well dramatically increase the the service charges or result in a one off payment.