I am purchasing a house for cash in Basildon. I have been residing for the previous 20 years in Basildon. Conveyancing searches are expensive. As I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the Basildon conveyancing searches are at your discretion. Your solicitor will ’encourage you, perhaps strongly, that you should have searches carried out, but he is duty bound to do this. Do consider; if you are intend to sell the house one day, it may be of relevance to your prospective buyer what the searches determine. There are plenty of instances where premises with day to day issues can still show up unfavourable search results. A good conveyancing solicitor in Basildon should be able to give you some constructive guidance here.
How up to date is your database of Basildon solicitors on the Kent Reliance conveyancing panel? Do Kent Reliance send you an updated list?
Basildon conveyancing firms themselves provide us confirmation that they are on the Kent Reliance conveyancing panel as opposed to being supplied with a list from Kent Reliance directly.
Various online forums that I have frequented warn that are the primary reason for delay in Basildon house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in Basildon.
Is it possible to switch firm as I need to instruct one who is on the Skipton Building Society conveyancing panel. I was using a high street conveyancing solicitor in Basildon round the corner but she is not approved by Skipton Building Society
We will our best to assist in finding you a conveyancing solicitor in Basildon on the Skipton Building Society panel. Please note that the conveyancers that we list do not pay us a referral fee if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Basildon. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Basildon.
Back In 2000, I bought a leasehold flat in Basildon. Conveyancing and Accord Mortgages Ltd mortgage are in place. I have received a letter from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Basildon who acted for me is not around. Any advice?
The first thing you should do is contact HMLR to be sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to incur the fees of a Basildon conveyancing lawyer to do this as it can be done on-line for £3. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I inherited a 1 bedroom flat in Basildon, conveyancing having been completed in 1997. Can you work out an approximate cost of a lease extension? Similar flats in Basildon with an extended lease are worth £179,000. The ground rent is £65 charged once a year. The lease comes to an end on 21st October 2081
With just 57 years left to run we estimate the price of your lease extension to be between £26,600 and £30,800 as well as legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.