Find a Thurrock Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Thurrock

In what way does my ID and proof of funds have anything to do with my conveyancing in Thurrock? What am I being asked for?

Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identification documents of the potential client they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms of Engagement that you need to sign will no doubt stipulate this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you refuse to provide ID verification documents, your lawyer would not be able to act for you.

I am about to put an offer on a leasehold property in Thurrock. The property agents assure me that it is normal for flats in Thurrock to have less than 75 years left on the lease. I am getting a loan with Bank of Ireland. Is this going to be a problem if the lease has 69 years to go.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 18/9/2020 the requirements read as follows :

Yes, subject to a minimum lease term of 85 years. The unexpired lease term must be at least the mortgage term plus 45 years. See also 5.14.9

I understand that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when buying a property in Thurrock? or I am told that there is historic law that means some owners of property living in a parish church boundary may be liable to contribute towards repairs to the chancel within the church. Is this applicable for conveyancing in Thurrock?

Unless a previous purchase of the property completed post 12 October 2013 you could expect solicitors carrying out conveyancing in Thurrock to continue to propose a a chancel search and or chancel repair liability insurance.

I am using a search engine for the term on line conveyancing in Thurrock it brings up many conveyancerslocally. With so much choice what is the best way to find the suitable conveyancing solicitor for purchase transaction?

The ideal way of finding the right conveyancer is via personal referral, so enquire of friends and relatives who have bought a property in Thurrock or the respected estate agent or financial adviser. Charges for conveyancing in Thurrock vary, so it's sensible to obtain a minimum of four quotes from varying types of companies. Be sure to obtain confirmation that the fees are fixed.

What advice can you give us when it comes to appointing a Thurrock conveyancing firm to deal with our lease extension?

If you are instructing a property lawyer for your lease extension (regardless if they are a Thurrock conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We advise that you make enquires with two or three firms including non Thurrock conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be useful:

    If they are not ALEP accredited then what is the reason? How experienced is the practice with lease extension legislation?

I am the registered owner of a 1 bedroom flat in Thurrock, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Equivalent properties in Thurrock with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease comes to an end on 21st October 2079

With just 59 years left to run the likely cost is going to be between £20,900 and £24,200 as well as plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.

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