It is 10 years ago since I acquired my property in Thurrock. Conveyancing lawyers have now been retained on the sale but I am unable to find my title deeds. Will this jeopardise the sale?
You need not be too concerned. First there is a chance that the deeds will be kept by your lender or they may still be with the lawyers who handled your purchase. Secondly in most cases the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. Nearly all conveyancing in Thurrock involves registered property but in the unlikely event that your property is unregistered it is more problematic but is not insurmountable.
Forgive me if this question is silly but I am new to the process as a first time buyer of a ground floor flat in Thurrock. Do I pick up the keys to the property on completion from my conveyancer? If this is the case, I will find a local conveyancing solicitor in Thurrock?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the purchase money to the owner’s conveyancers, and once they have received this, you should be invited to pick up the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.
My lawyer has informed me that absentee landlord insurance is needed on my purchase. What is the level of cover for Thurrock conveyancing?
The right level of absentee landlord indemnity insurance depends on your lender. It would differ for example between Lloyds TSB Bank and Virgin Money. Conveyancing solicitors as opposed to members of the public take out such policies.
The formalities of my purchase has taken place for my property in Thurrock. Conveyancing was satisfactory but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
How can the Landlord & Tenant Act 1954 affect my business premises in Thurrock and how can you help?
The particular law that you refer to provides a safeguard to commercial leaseholders, giving them the legal entitlement to apply to court for a new tenancy and remain in occupation at the end of an expired lease. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and handle your commercial conveyancing in Thurrock
I am looking at a couple of maisonettes in Thurrock both have approximately 50 years unexpired on the leases. Will this present a problem?
There are plenty of short leases in Thurrock. The lease is a legal document that entitles you to use the premises for a period of time. As a lease shortens the value of the lease reduces and it becomes more costly to extend the lease. For this reason it is often a good idea to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We recommend you seek professional help from a solicitor and surveyor with experience in this arena.
Thurrock Conveyancing for Leasehold Flats - Examples of Questions you should consider before buying
The best form of lease structure is where the freehold interest is owned by the leaseholders. In this situation the tenants benefit from control and even though a managing agent is frequently employed where it is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Best to be warned if redecorating or some other major work is due shortly that will be shared amongst the leasehold owners and will materially increase the the maintenance charges or result in a specific invoice. Please inform me if there are any major works in the planning that will likely increase the maintenance costs?
Are you able to set out the spectrum of conveyancing dealt with by Thurrock conveyancing solicitors?
On the whole Thurrock conveyancing firms can provide a broad range of legal advice to home and land proprietors, vendors, buyers, landlords and tenants and you can expect them to do some of the following services:
Residential sale conveyancing in Thurrock or wider afield
Private residential purchase conveyancing in Thurrock and beyond
Sale and purchase of shared ownership properties nationwide not isolated to Thurrock Severance of joint tenancies Property Trust Declarations Buying and selling via auction