What happens if my solicitor is removed from the Co-operative Conveyancing panel ahead of completing my conveyancing in Thurrock?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I require expedited conveyancing in Thurrock as I am faced with an ultimatum to complete within one month. Thankfully I do not need a mortgage. Can I escape the need for conveyancing searches to save money and time?
If.Given you are not getting a mortgage you have the choice not to do searches although no solicitor would recommend that you don't. Drawing on years of experience of conveyancing in Thurrock the following are instances of what can crop up and therefore affect future mortgageability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Road Schemes,...
I own a semi-detached Edwardian house in Thurrock. Conveyancing solicitor acted for me and Chelsea Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the matching property. Is it worth asking Chelsea Building Society to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Thurrock and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing lawyer who conducted the conveyancing.
I am looking for a ground for flat up to £235,500 and found one near me in Thurrock I like with amenity areas and transport links in the vicinity, however it's only got 61 years on the lease. There is not much else in Thurrock for this price, so just wondered if I would be making a mistake buying a short lease?
If you require a mortgage the shortness of the lease will likely be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
Hoping to buy a property located in Thurrock and I am already nervous. I couldn't find anything specific about Thurrock. Conveyancing will be needed in due course but do you know about the Thurrock area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Thurrock. In the meantime here are some basic statistics that we found
I’m about to sell my ground floor apartment in Thurrock.Conveyancing has not commenced but I have recently had a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should clear the service charge as you normally would because all ground rent and service charges will be apportionedon completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process