I am buying a property mortgage free in Thurrock. I have resided for the last 15 years in Thurrock. Conveyancing searches are a lot of money. Given that I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a home loan, then the vast majority of the Thurrock conveyancing searches are at your discretion. Your conveyancer will ’encourage you, no-doubt strongly, that you should have searches done, but he is duty bound to do this. One thing to bear in mind; if you are going to dispose of the house at a future date, it could be of importance to your prospective purchaser what the searches determine. Sometimes properties with functional issues can still reveal detrimental search results. A good conveyancing solicitor in Thurrock will be able to give you some sensible guidance concerning this.
We are buying a house and need a conveyancing solicitor in Thurrock who is on the Barclays conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Barclays . We don't recommend any particular firms conducting conveyancing in Thurrock.
A relative suggested that if I am buying in Thurrock I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Thurrock conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Thurrock around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data concerning Thurrock.
How does the Landlord & Tenant Act 1954 affect my business premises in Thurrock and how can you help?
The 1954 Act gives protection to commercial lessees, giving them the legal entitlement to apply to court for a new tenancy and continue in occupation when the lease reaches an end. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in Thurrock
What are your top tips when it comes to appointing a Thurrock conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a conveyancer for lease extension works (regardless if they are a Thurrock conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with two or three firms including non Thurrock conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:
What are the legal fees for lease extension work? What volume of lease extensions have they conducted in Thurrock in the last year?
I own a 2 bed flat in Thurrock, conveyancing formalities finalised 6 years ago. Can you work out an approximate cost of a lease extension? Comparable flats in Thurrock with over 90 years remaining are worth £175,000. The ground rent is £65 levied per year. The lease finishes on 21st October 2080
With 58 years left to run we estimate the price of your lease extension to be between £23,800 and £27,400 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.