Find a Basildon Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Basildon conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Basildon

Will our solicitor be making enquiries regarding flooding as part of the conveyancing in Basildon.

The risk of flooding is if increasing concern for lawyers dealing with homes in Basildon. There are those who purchase a house in Basildon, completely expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the purchaser.

Lawyers are not best placed to impart advice on flood risk, but there are a number of searches that can be carried out by the buyer or by their conveyancers which can figure out the risks in Basildon. The conventional set of information given to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) includes a usual question of the owner to determine whether the premises has suffered from flooding. In the event that the premises has been flooded in past which is not revealed by the owner, then a purchaser may commence a compensation claim resulting from an incorrect reply. A purchaser’s solicitors will also order an environmental search. This should reveal if there is a recorded flood risk. If so, additional inquiries should be made.

Over the last few months I have been searching for a flat up to £245,000 and identified one near me in Basildon I like with a park and transport links in the vicinity, however it only has 61 years unexpired on the lease. I can't really find anything else in Basildon suitable, so just wondered if I would be making a grave error buying a short lease?

If you require a home loan that many years will likely be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.

I am looking into buying my first house which is in Basildon and I am already nervous. I couldn't find anything specific about Basildon. Conveyancing will be needed in due course but do you know about the Basildon area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Basildon. In the meantime here are some basic statistics that we found

My husband and I are four weeks into a residential purchase having been recommend to solicitors by the selling agent to execute conveyancing in Basildon. I am am extremely frustrated with the level of service. Could you help me find new solicitors?

A lawyer would need to be really poor to suggest changing them. Has your loan offer been issued? If so you must inform them of the replacement conveyancer and ensure the offer are re-sent. The conveyancer needs to be on the lenders approved list to avoid escalating fees and complications. So that should be your first question of the new solicitors. The find a solicitor tool can help you find a lender approved solicitor for your home move in Basildon

Our lawyer in Basildon has discovered a defect with the lease for the apartment we are buying in Basildon. The seller’s lawyers have offered defective title insurance as a workaround. We are happy with insurance and will pay for it. Our solicitor has advised that as he is on the mortgage company conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or the bank?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. A precondition to being on the bank approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

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