At what point will exchange of contracts occur in domestic conveyancing in Essex and am I required to be at the conveyancers branch?
Where you are round the corner to one of the conveyancing solicitors in Essex you are invited in to sign the paperwork. That being said, the law practices we recommend provide countrywide coverage for conveyancing and provide just as detailed and professional a job for you when dealing with you digitally. The signing of the contract is not the important part. A signed contract simply enables the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Essex)to be in the office available at the end of the phone to exchange contracts.
My wife and I are close to exchanging contracts on the sale of our home in Essex and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street Essex conveyancer would know this is not the case. For the life of me I don't know why the buyers are using a web based conveyancing outfit rather than a conveyancing solicitor in Essex. Having lived in Essex for six years we know of no issue. Do we get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I am purchasing my first flat in Essex benefiting from help to buy. The sellers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The property agent suggested that I not to tell my conveyancer about this side-deal as it may affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How easy is it to use your search facility to get a costs illustration from a conveyancing practitioner in Essex on the authorised to act for my lender?
First choose a lender such as HSBC Bank, The Royal Bank of Scotland or Barclays Direct then choose your location such as Essex. Conveyancing practices in Essex and further afield should be identified.
In my capacity as executor for the will of my father I am selling a residence in Cardiff but live in Essex. My conveyancer (based 235 miles from meneeds me to sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing solicitor in Essex to attest this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are located in Essex
Estate agents have just been given the go-ahead to market my ground floor apartment in Essex. Conveyancing lawyers have not yet been instructed, but I have recently had a half-yearly service charge invoice – Do I pay up?
The sensible thing to do is discharge the invoice as you normally would given that all ground rent and service invoices will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I invested in buying a 2 bed flat in Essex, conveyancing was carried out 3 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Essex with a long lease are worth £191,000. The average or mid-range amount of ground rent is £55 yearly. The lease runs out on 21st October 2077
With only 54 years unexpired the likely cost is going to span between £31,400 and £36,200 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.