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Find a Wickford Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Wickford

At what point will exchange of contracts happen for residential conveyancing in Wickford and am I required to attend the solicitors office?

Where you are local to one of the conveyancing solicitors in Wickford you are welcome to attend to sign the paperwork. That being said, the lender approved solicitors we work with supply a countrywide conveyancing service and give just as comprehensive and professional a job for you when communicating with you by post or email. The executing of the contract is not the point of no return. Signing on the dotted line is just a prerequisite for the solicitor to address the formalities at the suitable time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wickford)to be in the office at the appropriate time.

I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Wickford. My lender is Chelsea Building Society

Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 2/3/2021, the requirements read as follows :

I have todayfound out that Arc property Solicitors have closed. They conducted my conveyancing in Wickford for a purchase of a leasehold flat 10 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?

The easiest way to see if the property is in your name, you can make 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 Wickford conveyancing specialists.

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 quick, chain free conveyancing. Wickford is the location of the property. Can you shed any light on this issue?

Flying freeholds in Wickford are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wickford you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wickford may decide 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 property.

I own a leasehold flat in Wickford. Conveyancing and Yorkshire Building Society mortgage are in place. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1996. The conveyancing solicitor in Wickford who previously acted has now retired. Do I pay?

The first thing you should do is make enquiries of HMLR to make sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Wickford conveyancing practitioner to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I invested in buying a garden flat in Wickford, conveyancing formalities finalised July 2010. Can you work out an approximate cost of a lease extension? Comparable properties in Wickford with over 90 years remaining are worth £165,000. The ground rent is £50 levied per year. The lease expires on 21st October 2098

With 77 years unexpired we estimate the price of your lease extension to range between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.

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Neighbouring Locations

Wickford
Battlesbridge
Rayleigh
Basildon
Pitsea
Benfleet

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