After what seems like an age a loan agreement from Santander for the refinancing of my single bedroom maisonette is due imminently. Are you able to put forward a low cost conveyancing practitioner in Chelmsford?
This site is not designed to help those in their quest for a cheap conveyancing in Chelmsford. Our aim is to provide value for money conveyancing but our intention is not to advertise as being the cheapest. Resist the temptation to appoint organisations enticing you with £100 conveyancing in Chelmsford. At best, in going for low cost conveyancing, you will get your money’s worth and at worst you will end up being stung for additional fees and still not receive the service expected.
As someone unfamiliar with conveyancing in Chelmsford what is your top tip you can impart concerning the ownership transfer in Chelmsford
Not many law firms shout this from the rooftops but conveyancing in Chelmsford and elsewhere in Essex is an adversarial experience. In other words, when it comes to conveyancing there exists plenty of room for confrontation between you and others involved in the legal transfer of property. For instance, the seller, property agent and sometimes your bank. Choosing a lawyer for your conveyancing in Chelmsford an important selection as your conveyancer is your adviser, and is the SOLE party in the legal process whose responsibility is to act in your best interests and to keep you safe.
On occasion a potential adversary may attempt to persuade you that it is in your interests to do things their way. As an example, the estate agent may claim to be assisting by claiming that your conveyancer is wrong. Or your financial adviser may try to convince you to do take action that is against your lawyers advice. You should always trust your lawyer above all other parties in the conveyancing process.
Are the BSA planning on creating a search tool with a view to to identify solicitors on the Loughborough BS conveyancing panel for example in Chelmsford?
We would not expect to be advised of any plans on the part of the BSA to promote such a tool.
My wife and I have a renovated Georgian property in Chelmsford. Conveyancing lawyer represented me and Barclays . I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the matching address. Is it worth asking Barclays to clarify?
You should assess 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 Chelmsford and other areas of 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 mortgage companies. You can also check the situation with the conveyancing solicitor who conducted the purchase.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one near me in Chelmsford I like with a park and transport links nearby, however it's only got 61 years on the lease. There is not much else in Chelmsford in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan that many years will be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
We today discovered that one of the partners of the solicitors undertaking the purchase conveyancing in Chelmsford is an aunty of the vendor. Is this permitted?
On the basis that there is no conflict of interest this is permitted. Where you are obtaining mortgage finance then the lender may have a say as many banks have specific requirements on this. For example for Skipton Building Society as of 19/7/2024, the requirements read as follows :