Can the conveyancing solicitors that you recommend conduct auction conveyancing in Thurrock?
We know of a number of niche practitioners we can put you in touch with those specialising in auction conveyancing. Thurrock is one of hundreds of locations in which our lawyers have offices.
I can see plenty of here about conveyancing in Thurrock but can you isolate your top tip for selecting the right conveyancer in Thurrock
It would be unwise to be tempted by the cheapest Thurrock conveyancing quote. You really do get what you pay 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.
My husband and I have organised the release of further monies on our home loan from Co-operative as we wish to conduct alterations to our house in Thurrock. Are we obliged to choose a high street Thurrock solicitor on the Co-operative conveyancing panel to handle the legals?
Co-operative do not ordinarily appoint firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Co-operative panel.
I am purchasing a property in Thurrock. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?
As your lender is HSBC your lawyer must follow the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for HSBC. The Council of Mortgage Lenders’ Handbook contains minimum requirements for solar panel roof-space leases, and property lawyers are required to report to HSBC where a lease fails to comply with these requirements. The specifications relate to the installation of panels on properties countrywide and is not limited to Thurrock.
Will commercial conveyancing searches reveal proposed roadworks that could impact a commercial land in Thurrock?
Its becoming the norm that commercial conveyancing solicitors in Thurrock will perform a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Thurrock. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Thurrock.
For every commercial conveyancing transaction in Thurrock it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can cause delays to Thurrock commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Thurrock.
I acquired my home on 4 October and my personal details is yet to be registered. Need I be worried? My conveyancing solicitor in Thurrock said it will be dealt with in less than a month. Are transfers in Thurrock uniquely lengthy to register?
As far as conveyancing in Thurrock is concerned, registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timescales can adjust subject to the party submitting the application, whether there are errors and whether the Land registry need to notify any interested parties. Currently roughly 80% of such applications are fully dealt with within two weeks but occasionally there can be extensive hold-ups. Historically registration takes place once the buyer is living at the premises thus registration formalities is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your solicitor should contact the land registry and explain the circumstances.
How does conveyancing in Thurrock differ for newly converted properties?
Most buyers of new build property in Thurrock contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is built. This is because house builders in Thurrock tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Thurrock or who has acted in the same development.
In relation to leasehold conveyancing in Thurrock what are the most frequent lease problems?
There is nothing unique about leasehold conveyancing in Thurrock. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain provisions are missing. For example, if your lease is missing any of the following, it could be defective:
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A provision to repair to or maintain parts of the building A duty to insure the building
A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Norwich and Peterborough Building Society, and Alliance & Leicester all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, obliging the purchaser to pull out.
I purchased a 1st floor flat in Thurrock, conveyancing was carried out July 1998. Can you work out an approximate cost of a lease extension? Similar flats in Thurrock with an extended lease are worth £197,000. The ground rent is £55 charged once a year. The lease ceases on 21st October 2080
With just 55 years remaining on your lease the likely cost is going to be between £31,400 and £36,200 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.