lenderpanel

Find a Upminster Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Upminster

I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a property in Upminster? or I am told that there is a law dating back centuries that could mean that homeowners residing in a parish church boundary will be compelled to pay for maintenance towards the chancel within the church. Is this relevant for conveyancing in Upminster?

Unless a previous purchase of the house completed after 12 October 2013 you can assume that conveyancing practitioners delivering conveyancing in Upminster to remain recommending a chancel search and or chancel repair liability policy.

How does conveyancing in Upminster differ for newly converted properties?

Most buyers of new build or newly converted property in Upminster contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is finished. This is because builders in Upminster typically buy 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 property lawyers 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 Upminster or who has acted in the same development.

Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, chain free conveyancing. Upminster is where the house is located. Can you shed any light on this issue?

Flying freeholds in Upminster are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Upminster you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Upminster may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

I am looking for a conveyancing practitioner in Upminster for my house move. Is it possible to review a firm’s record with the profession’s regulator?

Anyone may see presented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find information Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The SRA may monitor call for training purposes.

I am tempted by the attractive purchase price for a two flats in Upminster which have about forty five years unexpired on the lease term. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Upminster. The lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease shortens the saleability of the lease deteriorates and results in it becoming more costly to extend the lease. This is why it is often a good idea to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a conveyancer and surveyor with experience in this area.

I have attempted and failed to negotiate with my landlord for a lease extension without success. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Upminster conveyancing firm to represent me?

if there is a missing freeholder or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to determine the amount due.

An example of a Lease Extension decision for a Upminster residence is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case was in relation to 1 flat. The unexpired residue of the current lease was 57.5 years.

Last updated

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