What is the first thing I need to know regarding purchase conveyancing in Basildon?
Not many law firms shout this from the rooftops but conveyancing in Basildon or throughout England and Wales is an adversarial experience. In other words, when it comes to conveyancing there exists plenty of opportunity for conflict between you and other parties involved in the legal transfer of property. For example, the seller, selling agent and sometimes the bank. Appointing a law firm for your conveyancing in Basildon an important selection as your conveyancer is your adviser, and is the ONLY person in the process whose interest is to protect your best interests and to keep you safe.
Every so often a potential adversary will try and convince you that you should follow their advice. For instance, the selling agent may claim to be assisting by claiming that your solicitor is wrong. Or your mortgage broker may tell you to do something that is against your solicitors recommendation. You should always trust your lawyer above all other parties in the conveyancing process.
We are selling our house in Basildon. Will my conveyancer have to be on the Nottingham conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Nottingham conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.
Me and my brother purchased a renovated Victorian property in Basildon. Conveyancing lawyer represented me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the exact same address. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Basildon and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with the conveyancing practitioner who completed the work.
How does conveyancing in Basildon differ for newly converted properties?
Most buyers of new build premises in Basildon approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Basildon tend to buy the land, 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 used to new build conveyancing in Basildon or who has acted in the same development.
I'm converting the mortgage on my existing house to a buy to let mortgage with TSB and intend to use the remaining equity as a deposit on further house. The neighborhood we are interested in is Basildon. Will your solicitors be able to act for the two mortgage companies and tie in the conveyances?
Make use of our comparison tool on this site to check that the solicitors are approved by both lenders. Having checked that they are your solicitor will be able to tie up the two deals but you should talk with you solicitor and make clear your expectations and requirements.
What could I expect to pay for conveyancing in Basildon?
Almost all Basildon conveyancing firms will charge a fixed fee. In the event that further work become due during the conveyancing your lawyer should advise you in writing of such additional fees for any work immediately it becomes apparent. Some work on a no sale no fee offering, others will charge a percentage of the set charges, according to the point at which the conveyancing falls through.
We would recommend that you ask two or three conveyancers to send you a quotation.