I am close to exchanging contracts on the sale of our house in Tiptree and according to the buyers it appears that there is a risk of it being constructed on contaminated land. A local lawyer would know that there is no such problem. It does beg the question why the buyers instructed an online conveyancing firm rather than a conveyancing solicitor in Tiptree. We have lived in Tiptree for 4 years we know that this is a non issue. Should we contact our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
How does conveyancing in Tiptree differ for newly converted properties?
Most buyers of new build residence in Tiptree contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is finished. This is because house builders in Tiptree typically acquire the real estate, 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 Tiptree or who has acted in the same development.
I have been pointed in your direction by numerous estate agents in Tiptree to locate a property lawyer on your site. What’s the financial upside for Estate Agents to offer your site over a competitor’s?
We refuse to give any referral fee for pointing buyers and sellers to this site. We found it would be just too difficult to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
We're FTB’s - agreed a price, yet the property agent informed us that the owners will only proceed if we use the agent's preferred solicitors as they are insisting on a ‘quick sale’. My instinct tells me that we should use a family solicitor who is familiar with conveyancing in Tiptree
It is unlikely the owners are driving this. If they want ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Contact the vendors directly and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you intend to instruct your preferred Tiptree conveyancing solicitors - rather thanthose that will provide their negotiator at the agency a commission or hit his conveyancing thresholds set by head office.
Expecting to exchange soon on a ground floor flat in Tiptree. Conveyancing lawyers assured me that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Tiptree should include some of the following:
Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? Whether the lease restricts you from renting out the flat, or having a home office for business What remedies are open the freeholder should you have violated the provisions of the lease? Repair and maintenance of the premises Alterations to the premises
I invested in buying a split level flat in Tiptree, conveyancing was carried out 4 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 Tiptree with an extended lease are worth £211,000. The average or mid-range amount of ground rent is £50 levied per year. The lease runs out on 21st October 2087
You have 68 years left to run the likely cost is going to range between £9,500 and £11,000 as well as costs.
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 in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.