In the event thatI were to acquire a simple residential housein Pitsea mortgage fee and dispense with a survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Pitsea?
Any savings you would gain would be isolated to the costs for searches. The solicitor still got to do everything else - money laundering, liaising with the vendors conveyancer, SDLT submission, register the ownership etc. You might save a bit for them not having to register a charge but it will not be a lot.
Do I need to attend the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Pitsea so that I can pop in to their offices when needed.
Whereas this was necessary 12 years ago, most mortgage companies no longer need their conveyancing panel solicitor to witness the mortgagors signature. You will still be obliged to supply identification documents and there are still manifest advantages to choosing a local ayer, in your situation a conveyancing solicitor in Pitsea.
I used Arc property Solicitors several years past for my conveyancing in Pitsea. I now require my file but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Pitsea of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Am I right to be suspicious by estate agents that I am dealing with are suggesting a web based conveyancing firm as opposed to a local Pitsea conveyancing firm?
As with lots of service providers, often recommendations from relatives can be very helpful. Nevertheless there are numerous players in a conveyancing deal; estate agents, mortgage brokers and lenders might all recommend solicitors to choose. On occasion the lawyers might be known to one of the organisations as being good in their field, but sometimes there exists a financial incentive behind the endorsement. You have the discretion to choose your own lawyer. However, bear in mind that many lenders specify a panel list of solicitors you are obliged to use for the lender related work in your home move.
I’m about to sell my ground floor flat in Pitsea. Conveyancing has not commenced, however I have just had a yearly maintenance charge invoice – what should I do?
The sensible thing to do is discharge the service charge as usual as all ground rent and maintenance invoices will be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I own a studio flat in Pitsea, conveyancing formalities finalised 6 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Pitsea with over 90 years remaining are worth £265,000. The ground rent is £50 yearly. The lease ceases on 21st October 2096
With 75 years remaining on your lease we estimate the price of your lease extension to be between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.