lenderpanel

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.

Only LenderPanel.com provides a subset of authorised Rochford conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Rochford

Recently contacted my conveyancing solicitor in Rochford who conducted the legals two years ago and wanted a conveyancing estimate based on the same type of home move (a leasehold property and a freehold property) of almost identical values with a loan from Alliance & Leicester . It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for a cheaper online property lawyer?

The estimate fees seem a little high. If you you were to look around you may be able to trim some of the cost by say a hundred pounds. That being said, if you were happy with the legal work the firm gave you mightcome to rue choosing an an unknown solicitor. Remember to check the conveyancer can also act for Alliance & Leicester . You can utilise our search tool to locate a Rochford conveyancing firm on the Alliance & Leicester member panel, which can often include conveyancing solicitors in Rochford.

It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Rochford bank branch on various occasions and was informed it wasn't a problem and they will lend. My Rochford conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they refuse to lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?

The solicitor has to follow the Council of Mortgage Lenders’ Handbook Part 2 specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

About to purchase flat in Rochford. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Rochford solicitor is on the Virgin Money conveyancing panel.

I have finally had an offer on a flat in Rochford accepted, the vendors do nevertheless have a connected purchase. The vendors have offered on a property, but it’s not yet agreed to, and have viewings of other properties in the pipeline. I have instructed a high street conveyancing solicitor in Rochford. What should be my next step? When should I get the mortgage application with Clydesdale started?

It is normal to have anxieties where there is a chain as you are unlikely to want to incur expenses too early (home loan application is approx £1k, then valuation, Rochford conveyancing search costs, etc). First, you should check that your property lawyer is on the Clydesdale approved list. Concerning the next steps this very much dictated by the specifics of your case, desire for this property and on the state of the market. In a rising market some purchasers will apply for the mortgage with Clydesdale and arrange for the valuation and only if it comes back ok would they ask their lawyer to move forward with the conveyancing in Rochford.

My wife and I own a renovated Edwardian property in Rochford. Conveyancing lawyer acted for me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the matching property. I thought I was buying a freehold how can I check?

You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Rochford and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing solicitor who conducted the purchase.

What does commercial conveyancing in Rochford cover?

Non domestic conveyancing in Rochford covers a wide array of services, given by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

I have recently realised that I have 68 years unexpired on my flat in Rochford. I am keen to get lease extension but my freeholder is absent. What options are available to me?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. You will be obliged to prove that you have made all reasonable attempts to track down the lessor. On the whole a specialist may be useful to carry out a search and prepare an expert document to be used as evidence that the freeholder is indeed missing. It is advisable to get professional help from a solicitor in relation to investigating the landlord’s absence and the vesting order request to the County Court overseeing Rochford.

I own a studio flat in Rochford, conveyancing having been completed October 2001. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Rochford with a long lease are worth £165,000. The average or mid-range amount of ground rent is £50 per annum. The lease ceases on 21st October 2099

With 77 years unexpired the likely cost is going to span between £7,600 and £8,800 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.

Last updated

Find out more about how flying freehold can affect your the value of a property.