I have a decision in principle. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to use their panel solicitor as I would much rather use a Epping based conveyancing firm?

You should check but the the probability is that give you one of their panel lawyers should you accept the "fee-free" incentive. Call the bank and determine if they allow a monetary alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Epping.

I need some expedited conveyancing in Epping as I am faced with a deadline to complete in less than 3 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?

As you are not getting a home loan you have the choice not to do searches although no solicitor would recommend that you don't. With plenty of history conveyancing in Epping the following are examples of issues that can show up and therefore impact the marketability of the property: Enforcement Actions, Overdue Charges, Outstanding Grants, Unadopted Roads,...

About to purchase a new build flat 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 conveyancing.

Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Epping

Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared. 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.

I decided to have a survey completed on a house in Epping prior to instructing solicitors. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some banks will not grant a loan on this type of home.

It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Epping. Conveyancing will be smoother if you use a solicitor in Epping especially if they are accustomed to such properties in Epping.

I've found a house that seems to tick a lot of boxes, at a reasonable figure which is making it more attractive. I have since discovered that it's a leasehold rather than freehold. I would have thought that there are issues buying a house with a leasehold title in Epping. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Epping ?

Most houses in Epping are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Epping so you should seriously consider looking for a Epping conveyancing practitioner and check that they have experience in dealing with leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the landlord’spermission to conduct changes to the property. You may also be required to pay a maintenance charge towards the upkeep of the estate where the house is part of an estate. Your solicitor should advise you fully on all the issues.

I am the registered owner of a ground floor flat in Epping, conveyancing was carried out April 2008. Can you work out an approximate cost of a lease extension? Comparable flats in Epping with over 90 years remaining are worth £265,000. The ground rent is £50 invoiced annually. The lease runs out on 21st October 2102

With 76 years unexpired we estimate the premium for your lease extension to span between £8,600 and £9,800 plus costs.

The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.