Will lawyers request money up-front for conveyancing in Benfleet?

Where you are retaining lawyers for conveyancing in Benfleet your solicitor will ask you to provide them with funds to cover the search fees. Ordinarily this is needed to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this will be asked for immediately in advance of contracts are exchanged. Any further balance that is due will be payable a couple of days ahead of the completion date.

Our bank has recommended a law firm on their panel based in Benfleet but I would rather use a conveyancing lawyer in Benfleet or nearer to where I live. Can you assist?

Far from all Benfleet conveyancing firms are listed all lender’s conveyancing panel. Use our find an approved solicitor tool to locate a Benfleet conveyancing solicitor on the on the lender panel.

What is the difference between a licensed conveyancer and conveyancing solicitor in Benfleet

There are many registered licenced Conveyancers in Benfleet and Solicitor partnerships in Benfleet offering conveyancing We would stress that both are regulated professionals specialising in the legal aspects of transferring property. Both can deal with other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.

Please help - my lawyer advises that lack of right of way insurance is necessary on my purchase. What is the level of cover for Benfleet conveyancing?

The right level of lack of right of way indemnity insurance should be dictated by who who your lender is. It would differ for example between Barclays and The Mortgage Works. Conveyancing solicitors as opposed to members of the public take out such insurances.

My wife and I have organised a further advance on our home loan from Aldermore as we intend to carry out a loft conversion to our property in Benfleet. Do we need to select a bricks and mortar Benfleet solicitor on the Aldermore conveyancing panel to handle the legals?

Aldermore do not ordinarily instruct firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore list.

I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Benfleet is where the house is located. Is there any advice you can give?

Flying freeholds in Benfleet are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Benfleet you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Benfleet may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

Last June I purchased a leasehold house in Benfleet. Do I have any liability for service charges for periods before my ownership?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Benfleet Leasehold Conveyancing - Examples of Queries before Purchasing

What is the annual maintenance fee and ground rent? How long is the Lease? You will want to discover as much as possible about the company managing the block as they will either make your living at the property much simpler or problematic. Being a leasehold owner you are frequently at the mercy of the managing agents from a financial perspective and when it comes to every day matters like the upkeep of the communal areas. You should not be afraid to ask other people whether they are happy with their management. On a final note, be sure you know the dates that you are obliged pay the maintenance charge to the managing agents and precisely what it includes.