Can the conveyancing solicitors via your comparison service perform attended exchange conveyancing in Dagenham?
We do have a number of conveyancing experts carrying out attended exchanges. Do call us to get a costs illustration and details as to dates.
My stepmother pointed out to me me that in buying a property in Dagenham there could be various restrictions prohibiting external alterations to a property. Is this right?
There are anumerous of properties in Dagenham which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Dagenham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
How can we know in advance if a Dagenham conveyancing solicitor on the Lloyds panel is any good?
When it comes to conveyancing in Dagenham seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor handling your conveyancing.
I have paid off my mortgage with HSBC. I assume I don't need a Dagenham conveyancing practitioner on the HSBC panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your HSBC mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the HSBC mortgage from the register. HSBC, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where HSBC has sent the Land Registry the discharge electronically, and
- HSBC has instructed the Land Registry to do so
How does conveyancing in Dagenham differ for new build properties?
Most buyers of new build residence in Dagenham come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is finished. This is because new home sellers in Dagenham usually acquire the site, 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 Dagenham or who has acted in the same development.
I am looking for a ground for flat up to £245,000 and identified one near me in Dagenham I like with amenity areas and railway links nearby, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Dagenham suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a mortgage that many years will be problematic. Reduce the price by the expected 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 request that they start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
Should I appoint a Dagenham conveyancing solicitor based in the location that I am hoping to buy? I have an old university friend who can perform the conveyancing however they are based 300miles drive away.
The primary upside of using a local Dagenham conveyancing practice is that you can pop in to execute documents, present your identification documents and apply pressure on them where appropriate. Having local Dagenham know how is a benefit. However it's more important to get someone that will do a good and efficient job. If other friends have used your friend and in the main were impressed that should trump using an unfamiliar Dagenham conveyancing solicitor solely due to them being Dagenham based.
I am attracted to a two maisonettes in Dagenham which have in the region of fifty years unexpired on the lease term. Will this present a problem?
A lease is a right to use the property for a prescribed time frame. As the lease shortens the marketability of the lease deteriorates and results in it becoming more expensive to acquire a lease extension. This is why it is advisable to extend the lease term. More often than not it is difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We recommend you seek professional help from a solicitor and surveyor with experience in this field.
I own a garden flat in Dagenham. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for the purchase of the freehold?
Most definitely. We are happy to put you in touch with a Dagenham conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Dagenham premises is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case was in relation to 1 flat. The unexpired term was 61.36 years.