Just been in touch with my conveyancing solicitor in Essex who acted for me two years ago asking for a conveyancing estimate based on the same type of home move (a leasehold premises and a freehold premises) of almost identical values with a loan from Aldermore. It looks as though am now being charged double. Stick with what I know or should I seek out an alternative conveyancer?
The costs illustration is slightly on the expensive side. If you are prepared to spend time comparing quotes you could decrease the fees marginally by say £125. That being said, assuming were pleased with the assistance the firm offered you maycome to regret choosing an a cheaper solicitor. Remember to check the conveyancer can also act for Aldermore. Do use our search tool to find a Essex conveyancing firm on the Aldermore approved list of lawyers, which can often include conveyancing solicitors in Essex.
All was ready to complete my purchase in Essex next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the bank. What risks does the bank expect the insurance to cover?
Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook requirements. These requirements are not specific to conveyancing in Essex.
What does my ID and proof of funds have anything to do with my conveyancing in Essex? Why is this being asked of me?
Essex conveyancing solicitors as well as nationwide property lawyers accross the UK have an obligation under Anti-terror and anti-money-laundering rules to verify the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement no older than three months).
Proof of the origin of monies is also necessary under the money laundering statutes as solicitors have a duty to investigate that the monies you are using to acquire a property (whether it be the deposit for exchange or the total purchase price where you are a cash purchaser) has originated from legitimate source (such as an inheritance) and is not the product of criminal activity.
I have todaybecome aware that Stirling Law have been shut down. They conducted my conveyancing in Essex for a purchase of a freehold house 12 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Essex conveyancing specialists.
Is there anything unique about your site and alternative web based conveyancing solicitors for conveyancing in Essex?
At this site receive an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Essex. Unlike many estate agents and many comparison sites we do not operate commission arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors paying the most commission, as opposed to the best value conveyancing in Essex
I have just appointed agents to market my garden apartment in Essex. Conveyancing lawyers have not yet been instructed, but I have just had a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?
It best that you discharge the invoice as normal because all ground rent and service payments should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until 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.
Essex Conveyancing for Leasehold Flats - A selection of Queries before buying
How many of the leaseholders are in arrears for their maintenance charge payments? Make sure you investigate if the the lease contains any unreasonable restrictions in the lease. For instance it is very common in Essex leases that pets are not permitted in certain buildings in Essex. If you love the propertyin Essex yet your cat can’t make the move with you then you have a very hard decision. Please note that where the lease has fewer than eighty years it will have adverse implications on the marketability of the property. Check with your lender that they are content with the length of the lease. Leases with less than 80 years remaining means that you will almost definitely require a lease extension at some point and it is worth discovering what this would cost. Remember, in most cases you will be be obliged to have been the owner of the residence for two years before you are eligible to carry out a lease extension.