Would the conveyancing lawyers that you recommend conduct right to buy conveyancing in Essex?
We work with a number of conveyancing practitioners carrying out right to buy conveyancing Please get in touch with us in order to get a costs illustration.
Why is leasehold purchase conveyancing in Essex is more expensive?
In summary, leasehold conveyancing in Essex and elsewhere usually necessitates more due diligence compared to freehold transactions. This includes reviewing the lease, liaising with the landlord about serving applicable notices, securing up-to-date service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different owners have owned the lease since it was first granted.
My grandfather passed away last year and as sole heir and executor I was left the house in Essex. The house had a relatively small loan remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this possible?
If you intend to re-mortgage then Nottingham will insist on your using a conveyancer on the Nottingham conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Nottingham conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Nottingham mortgage is registered as a charge at the Land Registry.
I decided to have a survey done on a house in Essex prior to retaining conveyancers. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some lenders will not give a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different requirements from Nationwide. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Essex. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Essex to see if the conveyancing costs will increase in light of this.
Should I go with a Essex conveyancing lawyer in close proximity to the house I am hoping to buy? An old friend can perform the legal formalities however her office is 300miles away.
The benefit of a high street Essex conveyancing firm is that you can pop in to sign documents, present your ID and apply pressure on them if necessary. They will also have local intelligence which is a plus. That being said it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and in the main were happy that must outweigh using an unknown Essex conveyancing lawyer just because they are round the corner.