I am not well enough to travel far from Southend On Sea. Please clarify why all Southend On Sea solicitors aren't automatically on all mortgage company panels?
As inequitable as it may seem for banks to limit who can represent them, from the public’s or solicitor’s point of view, the other side of the coin is that mortgage companies are increasingly anxious and feel it crucial to protect them against mortgage fraud. As a result of this concern banks are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.
I have given 2 months notice to my current landlord and must vacate my rented property in Southend On Sea by the end of next month. Conveyancing on my purchase is progressing. Can I complete in 5 weeks as I wish to avoid having to move into temporary accommodation?
The normal practice is not to provide notice on a rental unless exchange of contracts has taken place. If you have not previously done so, notify to your solicitor and urge them to they chase the owners side, try to get a realistic time scale from them that all parties will look towards
Despite weeks of looking the Title Certificate and documents to our home are lost. The solicitors who handled the conveyancing in Southend On Sea 5 years ago have long since closed. What are my next steps?
In today’s world there are copies made of almost everything, and your solicitor will be aware exactly where to look for all the appropriate documentation so you can purchase or dispose of your house without a hitch. If duplicates can’t be found, your conveyancer may be able to arrange cover in the form of insurance or indemnities protecting you against possible claims on your property.
My brother has recommend that I instruct his conveyancing solicitors in Southend On Sea. Should I find my own property lawyer?
No doubt it’s preferable to choose a conveyancing solicitor is to seek referrals from friends or family who have experience in using the solicitor you're contemplating using.
Last September I purchased a leasehold house in Southend On Sea. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Southend On Sea - Sample of Questions you should ask before Purchasing
Best to be warned whether fixing the lift or some other major work is anticipated to be shared between the leaseholders and may well dramatically increase the the maintenance fees or result in a one off invoice. How much is the yearly maintenance fee and ground rent? Generally speaking the cost for major works tend not to be incorporated into the maintenance charges, although a few managing agents in Southend On Sea obliged leaseholders to contribute towards a sinking fund and this is used to offset against major repairs or maintenance.