Our family lawyer has sent a quote for £995 for freehold conveyancing in Thurrock. I am hoping to sell a Georgian detached home for £250,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Thurrock?
The estimate does seem marginally overpriced. If you shop around you could reduce the fees slightly by perhaps £100 plus VAT. On the other hand, you mightlive to regret opting for an an untested solicitor. Remember to be sure that the conveyancer can act for your bank. Do make use of our search tool to find a Thurrock conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Thurrock.
I am planning to acquire a flat and need a conveyancing solicitor in Thurrock who is on the The Mortgage Works approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for The Mortgage Works in certain locations such as Thurrock. We dont recommend any particular firm.
How does conveyancing in Thurrock differ for new build properties?
Most buyers of new build residence in Thurrock approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is finished. This is because new home sellers in Thurrock typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Thurrock or who has acted in the same development.
Having checked my lease I have discovered that there are only Seventy years remaining on my flat in Thurrock. I now wish to extend my lease but my freeholder is can not be found. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. You will be obliged to demonstrate that you or your lawyers have used your best endeavours to track down the lessor. In some cases an enquiry agent would be useful to conduct investigations and prepare an expert document to be used as proof that the landlord is indeed missing. It is advisable to get professional help from a solicitor both on devolving into the landlord’s disappearance and the application to the County Court overseeing Thurrock.
I own a garden flat in Thurrock, conveyancing having been completed 7 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Thurrock with a long lease are worth £179,000. The average or mid-range amount of ground rent is £65 per annum. The lease finishes on 21st October 2075
With 57 years left to run we estimate the premium for your lease extension to be between £26,600 and £30,800 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.
What is the reason for new build conveyancing in Thurrock being more expensive?
Conveyancing in Thurrock for recently converted or new build premises usually involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as supplemental investigations and contractual concerns.