What is the first thing I need to know about purchase conveyancing in Epping?
You may not hear this from too many lawyers but conveyancing in Epping and elsewhere in Essex is an adversarial experience. In other words, when it comes to conveyancing there exists lots of room for conflict between you and other parties involved in the ownership transfer. For instance, the seller, estate agent and even potentially your bank. Choosing a solicitor for your conveyancing in Epping should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the process whose responsibility is to protect your best interests and to keep you safe.
We are witnessing a distinct ongoing adversarial element to conveyancing- someone has to be at fault for the process being so protracted. You should always trust your solicitor above the other players in the conveyancing process.
My Conveyancer in Epping has never been on on the Skipton Building Society Solicitor Panel. Can I still continue with my family solicitor even though they are excluded from the Skipton Building Society panel?
The limited options available to you here include:
- Complete the purchase with your preferred Epping lawyers but Skipton Building Society will need to retain a solicitor on their panel. This will inevitably rack up the overall conveyancing charges and cause delays.
- Get a new solicitor to to deal with the conveyancing, not forgetting to check they are on the Skipton Building Society panel
I have been told that property searches are the main reason for hinderance in Epping house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Local searches are not likely to be the root cause of delay in conveyancing in Epping.
Just had an offer accepted on a new build apartment in Epping. 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.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Epping
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. 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. There must be mutual enforceability of lessee’s covenants.
I am in need of some leasehold conveyancing in Epping. Before diving in I require certainty as to the unexpired term of the lease.
If the lease is registered - and 99.9% are in Epping - then the leasehold title will always include the basic details 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.
Epping Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
Is there a share of the freehold? How many of the leaseholders are in arrears for their service charge payments? Is anyone aware of any major works in the planning that will likely add a premium to the service costs?