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Find a Great Baddow Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Great Baddow? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Great Baddow home move at risk of delay or failure.

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Recently asked questions about conveyancing in Great Baddow

What is the difference between a licensed conveyancer and conveyancing solicitor in Great Baddow

There are two types of lawyers who can perform conveyancing in Great Baddow namely licenced conveyancers or solicitors. The two can provide the legal services that you need to complete the sale or purchase of property. Both are duty bound to handle Great Baddow conveyancing on similar quality and guidelines so you may be safe in the knowledge that your conveyancing will be professionally administered and that all requirements and steps should be appropriately followed.

I recently had an offer agreed on an apartment in Great Baddow. My financial adviser suggested a conveyancing practitioner. I paid an upfront payment of £225. Not long after, the solicitor called me to say that they were not on the Skipton conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Skipton panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I am selling my apartment. I had a double glazing fitted in April 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Santander are being pedantic. The Great Baddow solicitor who is on the Santander conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Santander are requiring a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?

It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

Should commercial conveyancing searches reveal proposed roadworks that may impact a commercial premises in Great Baddow?

Many commercial conveyancing solicitors in Great Baddow will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Great Baddow. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Great Baddow.

For each commercial conveyancing transaction in Great Baddow it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Great Baddow commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Great Baddow.

How does conveyancing in Great Baddow differ for newly converted properties?

Most buyers of new build residence in Great Baddow contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is completed. This is because developers in Great Baddow typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Great Baddow or who has acted in the same development.

My father has suggested that I use his conveyancing solicitors in Great Baddow. Do I follow his guidance?

Much as we are happy to recommend a Great Baddow conveyancing lawyer the best way to choose a conveyancing solicitor is to seek feedback from friends or family who have actually used the conveyancer that you are contemplating using.

Can you provide any top tips for leasehold conveyancing in Great Baddow with the aim of expediting the sale process?

  • Much of the delay in leasehold conveyancing in Great Baddow can be avoided if you appoint lawyers the minute you market your property and request that they start to collate the leasehold information which will be required by the buyers’ lawyers.
  • A minority of Great Baddow leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. Any bank reference should make it clear that the buyer is able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their solicitors. If you have carried out any alterations to the premises would they have required Landlord’s approval? In particular have you laid down wooden flooring? Great Baddow leases often stipulate that internal structural alterations or addition of wooden flooring necessitate a licence from the Landlord acquiescing to such works. Where you fail to have the consents to hand you should not contact the landlord without contacting your conveyancer in advance. If you are supposed to have a share in the Management Company, you should make sure that you are holding the original share certificate. Obtaining a new share certificate is often a time consuming formality and frustrates many a Great Baddow conveyancing deal. Where a new share is needed, you should approach the company officers or managing agents (if relevant) for this sooner rather than later.

I acquired a split level flat in Great Baddow, conveyancing was carried out 3 years ago. Can you work out an approximate cost of a lease extension? Similar properties in Great Baddow with a long lease are worth £176,000. The ground rent is £50 charged once a year. The lease comes to an end on 21st October 2072

With only 50 years left to run we estimate the premium for your lease extension to range between £31,400 and £36,200 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.

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