I'm in the process of changing my domestic loan to a BTL Santander mortgage. I was told by my mortgage that I must appoint a conveyancer for this. I got in contact with my previous Canvey Island conveyancing practitioner who who conducted the conveyancing when I first acquired the property. The fee estimate issued of £550 is surprising as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The estimate fees seem a bit high. Where you are happy to spend time scrutinising charges you might reduce the fees slightly by perhaps £100 plus VAT. That being said, if you were satisfied with the legal work the firm provided you maycome to regret opting for an an unknown conveyancer. If is important to check the solicitor can also act for Santander. Do employ our search tool to locate a Canvey Island conveyancing firm on the Santander approved list of lawyers, which can often include conveyancing solicitors in Canvey Island.
I am need of leasehold conveyancing for a flat in a relatively new development (seven years built) in Canvey Island. 95% of the properties are already sold. Do I need carry out the local searches as part of conveyancing in Canvey Island?
You would be opening yourself up to an unnecessary risk in not carrying out Canvey Island conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would strongly advise in no uncertain terms that you have them. Where speed and price are top of your concerns you should consider with your solicitor about the options such as indemnity insurance available to you
We are buying a flat and need a conveyancing solicitor in Canvey Island who is on the Co-operative solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Canvey Island.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a quick, no chain conveyancing. Canvey Island is the location of the property. Is there any guidance you can give?
Flying freeholds in Canvey Island are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Canvey Island you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Canvey Island may determine 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 residence.
Having had my offer accepted I require leasehold conveyancing in Canvey Island. Before I get started I would like to find out the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Canvey Island - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Canvey Island Conveyancing for Leasehold Flats - A selection of Questions you should consider before Purchasing
How many of the leaseholders are in arrears for their service charge payments? Who manages the building? The prefered form of lease structure is if the freehold interest is in the ownership of the leaseholders. In this situation the lessees benefit from control and although a managing agent is usually employed if the building is bigger than a house conversion, the managing agent employed by the leaseholders.