lenderpanel

Find a Southend On Sea Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Southend On Sea conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Southend On Sea

Are the Southend On Sea conveyancing solicitors identified as being on the Santander conveyancing panel, together with their details provided by Santander?

Southend On Sea conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.

Me and my brother own a semi-detached Victorian house in Southend On Sea. Conveyancing lawyer acted for me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?

You should read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Southend On Sea and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing practitioner who conducted the conveyancing.

I am purchasing my first flat in Southend On Sea benefiting from help to buy. The builders refused to budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent advised me not inform my conveyancer about the extras as it would affect my mortgage with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

How does the Landlord & Tenant Act 1954 impact my commercial property in Southend On Sea and how can you help?

The particular law that you refer to gives protection to business lessees, giving them the a statutory right to apply to court for a renewal tenancy and continue in occupation at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Southend On Sea is one of our hundreds of locations in which the firms we work with have offices

I want to let out my leasehold flat in Southend On Sea. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?

A small minority of properties in Southend On Sea do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably refuse but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

I acquired a ground floor flat in Southend On Sea, conveyancing having been completed 5 years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Southend On Sea with an extended lease are worth £186,000. The average or mid-range amount of ground rent is £55 per annum. The lease terminates on 21st October 2073

With only 52 years left to run we estimate the premium for your lease extension to be between £29,500 and £34,000 as well as legals.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.

Last updated

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