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Find a Tilbury Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Tilbury

I have todaybeen informed that Arc property Solicitors have been shut down. They conducted my conveyancing in Tilbury for a purchase of a freehold house 18 months ago. How can I be sure that the property is in my name in the name of the former proprietor?

The easiest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Tilbury conveyancing specialists.

I decided to have a survey done on a property in Tilbury prior to appointing lawyers. I have been told that there is a flying freehold overhang to the house. My surveyor has said that some lenders may refuse to issue a loan on such a house.

It varies from the lender to lender. HSBC has different requirements from Halifax. If you e-mail us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Tilbury. Conveyancing will be smoother if you use a solicitor in Tilbury especially if they are acquainted with such properties in Tilbury.

I am downsizing from my house. My past lawyers closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in Tilbury if that affects matters.

You should use our search tool to help you find a solicitor for your conveyancing in Tilbury. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.

We're first time buyers - had an offer accepted, yet the estate agent has warned us that the vendor will only proceed if we use their chosen solicitors as they want a ‘quick sale’. My instinct tells me that we should use a family conveyancer who is accustomed to conveyancing in Tilbury

It is improbable the vendors are driving this. If they require ‘a quick sale', alienating a motivated buyer is likely to cause more damage than good. Try to communicate with the sellers directly and explain that (a)you are genuine buyers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Tilbury conveyancing solicitors - as opposed tothe ones that will provide the negotiator at the agency a referral fee or achieve conveyancing figures set by HQ.

I am tempted by the attractive purchase price for a couple of apartments in Tilbury both have approximately fifty years left on the leases. Should I regard a short lease as a deal breaker?

There are no two ways about it. A leasehold apartment in Tilbury is a deteriorating asset as a result of the reducing lease term. The nearer the lease gets to its expiry date, the more it adversely affects the value of the property. For most buyers and mortgage companies, leases with less than 75 years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Tilbury conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I acquired a ground floor flat in Tilbury, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Tilbury with an extended lease are worth £191,000. The ground rent is £55 charged once a year. The lease comes to an end on 21st October 2076

With only 53 years unexpired we estimate the premium for your lease extension to be between £27,600 and £31,800 as well as professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.

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Find out more about how flying freehold can affect your the value of a property.