When it comes to mortgage companies such as Lloyds, do Loughton lawyers have to pay a fee to be on the list of approved solicitors?

We are unaware of any bank fees to be on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.

We are getting the release of further monies on our mortgage from Virgin Money as we want to carry out improvements to our house in Loughton. Do we need to select a bricks and mortar Loughton solicitor on the Virgin Money conveyancing panel to deal with the paperwork?

Virgin Money would not normally require firms on their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Virgin Money panel.

I have today made my last payment due on my mortgage with Aldermore. I assume I don't need a Loughton solicitor on the Aldermore panel to remove the mortgage at the Land Registry. Am I right?

If you have finished paying off your Aldermore mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Aldermore mortgage from the register. Aldermore, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

1. but are not moving to another property
2. where Aldermore has sent the Land Registry the discharge electronically, and
3. Aldermore has instructed the Land Registry to do so

We are purchasing a property and the lawyer has mentioned Chancel Repair for which the house may be liable given it’s proximity to the area of such a church. He has recommended insurance. Is this really warranted for conveyancing in Loughton

Unless a previous acquisition of the house took place post 12 October 2013 you may expect solicitors handling conveyancing in Loughton to remain encouraging a chancel search and or chancel repair liability insurance.

I have been on the look out for a ground for flat up to £305k and found one round the corner in Loughton I like with a park and station in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in Loughton in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

If you need a mortgage that many years will be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.

Hoping to buy a property located in Loughton and I am already nervous. I couldn't find anything specific about Loughton. Conveyancing will be needed in due course but do you know about the Loughton area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Loughton. In the meantime here are some basic statistics that we found

I need to find a conveyancing solicitor for some conveyancing in Loughton. I've discover a web site which appears to be the perfect answer If there is a chance to get all formalities completed via web that would be preferable. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?