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Find a Shoeburyness Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Shoeburyness? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Shoeburyness home move at risk of delay or failure.

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Recently asked questions about conveyancing in Shoeburyness

Would the conveyancing practitioners identified via your search tool carry out auction conveyancing in Shoeburyness?

We know of a few niche solicitors we can connect you with those conducting auction conveyancing. Shoeburyness is one of the many locations where our lawyers are based.

I am about to put an offer on a leasehold flat in Shoeburyness. The selling agents assure me that it is normal for flats in Shoeburyness to have less than 75 years unexpired on the lease. I am obtaining a mortgage with Platform. Will the property be mortgageable given that the lease has Seventy One years remaining.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 9/5/2024 the requirements read as follows :

Minimum 85 years unexpired from completion, except where the mortgage application is pursuant to Platform's participation in the Government's Help to Buy Shared Equity scheme, in which case (a) the unexpired lease term must not be less than 250 years for new-build houses and not less than 125 years for new-build flats and (b) ground rent must be reasonable at all times and any escalation must be linked to RPI (Retail Price Index) or a similar index.

Are there restrictive covenants that are commonly picked up during conveyancing in Shoeburyness?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Shoeburyness. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

We're novice buyers - had an offer accepted, but the property agent has warned us that the seller will only issue a contract if we instruct the agent's recommended solicitors as they need a ‘quick sale’. We would rather use a family solicitor with experience of conveyancing in Shoeburyness

We suspect that the seller is not behind this ultimatum. If they want ‘a quick sale', turning down a serious buyer is going to damage their objectives. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you intend to appoint your own,trusted Shoeburyness conveyancing firm - rather thanthe ones that will give their estate agent a kickback or meet his conveyancing figures set by HQ.

Do you have any top tips for leasehold conveyancing in Shoeburyness from the point of view of expediting the sale process?

  • A significant proportion of the frustration in leasehold conveyancing in Shoeburyness can be avoided where you appoint lawyers the minute your agents start advertising the property and ask them to collate the leasehold documentation needed by the purchasers’ conveyancers.
  • In the event that you altered the property did you need the Landlord’s approval? Have you, for example laid down wooden flooring? Shoeburyness leases often stipulate that internal structural changes or installing wooden flooring calls for a licence from the Landlord approving such changes. Should you dont have the approvals in place you should not contact the landlord without checking with your solicitor first. If you have the benefit of shareholding in the Management Company, you should make sure that you hold the original share document. Arranging a replacement share certificate can be a time consuming process and delays many a Shoeburyness conveyancing deal. Where a new share certificate is needed, do contact the company director and secretary or managing agents (if applicable) for this as soon as possible. If you have had conflict with your freeholder or managing agents it is very important that these are resolved before the property is marketed. The buyers and their solicitors will be warry about purchasing a flat where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the purchasers, but it is clearly preferable to present the dispute as over as opposed to unsettled.

Shoeburyness Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing

    You will want to discover as much as you can concerning the managing agents as they can either make your life much simpler or uncomfortable. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to every day issues such as the cleanliness of the common parts. Ask other tenants if they are happy with their service. Finally, find out the dates that you are obliged pay the maintenance charge to the managing agents and specifically what it includes. What is the name of the managing agents? Does the lease have more than 82 years unexpired?

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