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Find a Rochford Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Rochford

I was referred a conveyancer who has given a fee estimate £1700 for freehold conveyancing in Rochford. I’m looking to sell a purpose built property for £250,000. Is this over the top? Is it above the average fee for conveyancing in Rochford?

The estimate does seem a tad steep. If you shop around you may be able to reduce the fees marginally by say £100 plus VAT. That being said, you couldlive to rue opting for an an untested solicitor. Don't forget to be sure the solicitor can represent your mortgage company. Do employ our search tool to choose a Rochford conveyancing company on the banks conveyancing panel which can often include conveyancing solicitors in Rochford.

I am need of leasehold conveyancing for a flat in a fairly new development (five years old) in Rochford. 95% of the flats are already occupied. Do I need carry out the conveyancing searches for my conveyancing in Rochford?

A big part of the Rochford conveyancing process is the conveyancing searches. There are numerous search providers delivering Rochford conveyancing searches, as well direct from the local authority. These are generally termed personal search providers and they produce, not surprisingly, personal searches. However, all Local Authority Search conveyancing products have one thing in common - they must secure their information from the local authority.

When can the exchange of contracts take place for domestic conveyancing in Rochford and do I need to attend the solicitors branch?

If you are local to our conveyancing solicitors in Rochford you are welcome to come in to sign contracts. However, the lender approved solicitors we work with supply countrywide coverage for conveyancing and give as equally comprehensive and professional a job for you when dealing with you digitally. The signing of the purchase agreement is not when everything is set in stone. A signed contract is necessary for the solicitor to exchange contracts at the suitable time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Rochford)to be in the office at the appropriate time.

Will our solicitor be making enquiries regarding flooding during the conveyancing in Rochford.

The risk of flooding is if increasing concern for solicitors specialising in conveyancing in Rochford. There are those who purchase a house in Rochford, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or sell the property. Steps can be carried out during the course of a property purchase to forewarn the purchaser.

Conveyancers are not qualified to offer advice on flood risk, but there are a numerous checks that may be undertaken by the purchaser or by their lawyers which should give them a better understanding of the risks in Rochford. The standard property information forms supplied to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) contains a standard question of the seller to find out whether the premises has ever been flooded. In the event that flooding has previously occurred and is not notified by the vendor, then a purchaser could commence a legal claim for losses resulting from an inaccurate response. A purchaser’s solicitors should also carry out an environmental report. This should higlight whether there is a recorded flood risk. If so, more detailed investigations should be carried out.

I am tempted by the attractive purchase price for a two maisonettes in Rochford both have in the region of forty five years left on the leases. Should I regard a short lease as a deal breaker?

A lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease shortens the value of the lease deteriorates and results in it becoming more costly to extend the lease. This is why it is generally wise to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease because mortgage companies less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We recommend you get professional help from a solicitor and surveyor with experience in this field.

Leasehold Conveyancing in Rochford - Sample of Questions you should consider before Purchasing

    What is the yearly maintenance fee and ground rent? Plenty Rochford leasehold apartments will have a service bill for maintenance of the block invoiced on behalf of the management company. Should you buy the apartment you will have to meet this liability, normally in instalments throughout the year. This could vary from a couple of hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a ground rent for you to pay yearly, normally this is not a large figure, say about £50-£100 but you need to check it because sometimes it could be prohibitively expensive.

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