Having been recommended your web site we were about to use a conveyancing solicitor in Chafford Hundred listed by you but stumbled across alternative quotes via the web appear less expensive – why is this?

There are plenty of conveyancers advertising at first sight what seems to be cut price. You should think long and hard about how much you respect your own move to want to be penny wise pound foolish in relation to the quality of the legal work. Many of them list a budget quote to catch your eye but hide additional costs in the fine print..

My husband and I swapping mortgage lender for our apartment in Chafford Hundred with Co-operative. We have a son 18 who lives at home. Our solicitor requested us to identify any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have two concerns (1) Is this document specific to the Co-operative conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?

On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Co-operative. This is solely used to protect Co-operative if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Co-operative had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

We are buying a apartment in Chafford Hundred. It might be a silly question but how we can trust a conveyancer? At some point we have to send money into their account. What is the protection we have from them run away with our deposit?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

I can see plenty of information on this site regarding conveyancing in Chafford Hundred but can you isolate your top tip for choosing the right conveyancer in Chafford Hundred

It would be unwise to be seduced by the cheapest Chafford Hundred conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.

Barclays have agreed my home loan in principle, my bid on a apartment in Chafford Hundred has been accepted, what happens next?

Your property agent will need to know who your solicitors are (be sure the conveyancers are on the bank’s panel). Contact Barclays or the financial adviser and finalise any appropriate forms. Barclays will sellect a valuer who will get in touch with the selling agent or seller to arrange a time for the valuation to occur. Once carried out (assuming no problems) it takes approximately ten days to receive the mortgage offer. Barclays will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Chafford Hundred.

Due to the input of my in-laws I had a survey completed on a property in Chafford Hundred before retaining solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some banks tend refuse to grant a mortgage on such a premises.

It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Chafford Hundred. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Chafford Hundred to see if the conveyancing will be more expensive.

All being well we will complete our sale of a £350,000 flat in Chafford Hundred on Wednesday in a week. The management company has quoted £348 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Chafford Hundred?

Chafford Hundred conveyancing on leasehold maisonettes often necessitates the purchaser’s lawyer submitting enquiries for the landlord to address. Although the landlord is not legally bound to answer these enquiries the majority will be willing to do so. They are at liberty to invoice a reasonable charge for answering questions or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is over three hundred pounds, in some transactions it is above £800. The administration charge required by the landlord must be sent together with a summary of entitlements and obligations in respect of administration charges, otherwise the invoice is not strictly payable. Reality however dictates that one has little option but to pay whatever is requested of you if you want to complete the sale of your home.

I have given up trying to reach an agreement for a lease extension in Chafford Hundred. Can the Leasehold Valuation Tribunal adjudicate on premiums?

Most certainly. We can put you in touch with a Chafford Hundred conveyancing firm who can help.

An example of a Lease Extension case for a Chafford Hundred flat is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The unexpired term as at the valuation date was 76 years.