We are selling our apartment in South Hornchurch. Does my have to be on the conveyancing panel in order to deal with redeeming my mortgage?

Ordinarily, even if your lawyer is not on the conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.

Will my lawyer be raising enquiries concerning flooding during the conveyancing in South Hornchurch.

Flooding is a growing risk for solicitors specialising in conveyancing in South Hornchurch. Plenty of people will buy a property in South Hornchurch, completely aware that at some time, it may be flooded. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.

Conveyancers are not best placed to impart advice on flood risk, but there are a number of checks that can be carried out by the purchaser or on a buyer’s behalf which can give them a better understanding of the risks in South Hornchurch. The conventional set of property information forms given to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual inquiry of the owner to determine whether the premises has suffered from flooding. If the premises has been flooded in past which is not revealed by the vendor, then a purchaser may issue a legal claim for losses resulting from an incorrect reply. The purchaser’s lawyers should also carry out an environmental report. This should disclose whether there is any known flood risk. If so, more detailed investigations should be initiated.

The estate agent has sent us the confirmation of our purchase of a new build flat in South Hornchurch. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in South Hornchurch

Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

I need to instruct a conveyancing lawyer in South Hornchurch for my home move. Is there any facility to see a firm’s complaints history with the legal regulator?

One may see presented Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.

I acquired a 1 bedroom flat in South Hornchurch, conveyancing having been completed 1995. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in South Hornchurch with an extended lease are worth £165,000. The average or mid-range amount of ground rent is £45 yearly. The lease runs out on 21st October 50

With 50 years unexpired we estimate the premium for your lease extension to be between £36,100 and £41,800 as well as professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.