A mortgage agreement from HSBC for the remortgage of my 3 room flat is to be issued within the next few days. Are you able to suggest a cheap conveyancing solicitor in Basildon?
You are on the wrong site if you are seeking the lowest fares for conveyancing in Basildon. We can offer you cost effective conveyancing but we do not work with the cheapest lawyers. Avoid the trap of appointing organisations seducing you with £99 conveyancing in Basildon. Optimistically, in deciding on low cost conveyancing, you will end up with what you pay for and at worst it will result in you paying a lot in additional fees and still not end up with the service required.
I have given 2 months notice to my current landlord and have to be out of my let out apartment in Basildon by the end of next month. Conveyancing for my house purchase has just started. Is it possible to complete in 4 weeks as don't want to have to move into short term accommodation?
Generally one should not give notice for your lease unless your lawyer suggests that you should. Assuming that you have not previously done so, update to your solicitor and request that they chase the owners solicitors, try to get a realistic time scale from them that all parties will aim towards
I have todayfound out that Wolstenholmes have been shut down. They carried out my conveyancing in Basildon for a purchase of a leasehold flat 12 months ago. How can I check that the property is in my name in the name of the former proprietor?
The easiest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Basildon conveyancing specialists.
The estate agent has sent us the confirmation of our purchase of a new build flat in Basildon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Basildon
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are surveyor prepared.
Do you have any top tips for leasehold conveyancing in Basildon from the perspective of speeding up the sale process?
- A significant proportion of the delay in leasehold conveyancing in Basildon can be bypassed where you get in touch lawyers as soon as you market your property and ask them to put together the leasehold documentation which will be required by the buyers’ solicitors. If you have had conflict with your freeholder or managing agents it is very important that these are resolved before the property is put on the market. The purchasers and their solicitors will be reluctant to purchase a property where there is a current dispute. You may have to bite the bullet and discharge any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is better to present the dispute as over rather than unresolved. You may think that you are aware of the number of years left on your lease but it would be advisable verify this via your conveyancers. A buyer’s lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is less than 80 years. In the circumstances it is important at an as soon as possible that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. In the event that you altered the property did you need the Landlord’s permission? In particular have you installed wooden flooring? Most leases in Basildon state that internal structural alterations or addition of wooden flooring necessitate a licence from the Landlord acquiescing to such works. Should you dont have the approvals to hand do not communicate with the landlord without checking with your solicitor first. A minority of Basildon leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to notify your estate agents to make sure that the purchasers obtain bank and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers.
I acquired a split level flat in Basildon, conveyancing formalities finalised March 2000. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Basildon with a long lease are worth £216,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease ends on 21st October 2088
You have 70 years unexpired the likely cost is going to span between £9,500 and £11,000 as well as costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed 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 move forward based on this information before getting professional advice.