The Basildon conveyancing lawyers that I recently instructed on my purchase in Basildon have without warning closed. They were on acting for me because I had to have a solicitor on the Santander conveyancing panel and my family Basildon lawyer was not. I gave my credit card details for them to take £195 for searches. What are my options?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Santander conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
What is your number one tip for choosing a conveyancing solicitor in Basildon
We would encourage you not to base your choice on the lowest Basildon conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
We had chosen solicitors located in Basildon on the Nottingham solicitor approved list. They have just billed me an additional sum for dealing with the Nottingham mortgage. Is this a supplemental conveyancing fee set by Nottingham?
Provided it is contained in their Terms and Conditions or estimate then yes your conveyancing practitioner may levy a fee for this. The charge is not set by Nottingham but by your Basildon solicitor. Plenty of firms on the Nottingham panel will quote ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
I am due to exchange contracts on my house. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, UBS are being problematic. The Basildon solicitor who is on the UBS conveyancing panel is recommending indemnity insurance as a solution but UBS are requiring a building regulation certificate. Why do UBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that UBS have referred the matter to their valuer. The reason why UBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
What does a local search tell me about the house I am buying in Basildon?
Basildon conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search company such as Onsearch The local search plays a central role in most Basildon conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
Are there restrictive covenants that are commonly identified as part of conveyancing in Basildon?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Basildon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Is there anything unique about your site and alternative web based conveyancing brokers when it comes to conveyancing in Basildon?
At this site get a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that understands the nuances for your conveyancing in Basildon. As opposed to estate agents and brokerage sites we are not in the business of charging firms a fee if you choose them for your property ownership legalities in Basildon
Threeweeks into buying a residence in Basildon. Conveyancing lawyer has phoned to say the title is "Leasehold". Should this make a difference on the marketability of the property?
Basildon conveyancing does not ordinarily involve leasehold houses. The key factor here is the remaining lease term and the ground rent. If there are over a hundred years remaining with a nominal rent, it's virtually freehold, so it shouldn't impact the marketability significantly.
At the other end of the spectrum, if it's, say, Sixty years it is bound to have a material effect on the value, and most likely wouldn't be mortgageable. The length of lease and ground rent will be set out in the lease provided to your conveyancer.