Find a Lender-Approved Local Conveyancer in Loughton

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Top 5 reasons to use our service to assist you select a local conveyancing solicitor in Loughton

  • 1 Our site offers most comprehensive residential conveyancing directory service identifying bank approved law firms conducting conveyancing in Loughton regulated by the SRA or CLC.
  • 2 Loughton conveyancers work in partnership with Loughton estate agents, property finders, surveyors, lenders and other professionals to ensure that the highest level of service is provided to clients every step of the way, ensuring the smoothest, most stress-free process possible
  • 3 Property lawyer conveyancing solicitors have excellent personal connections with Loughton selling agents and work very closely with them and local surveyors so as to ensure transactions proceed expeditiously.
  • 4 Solicitors that specialise in conveyancing in Loughton are familiar with the local concerns specific to Loughton and therefore you may benefit from better advice and faster conveyancing.
  • 5 Loughton solicitors are likely to acquainted with the local Land Registry Office, Local Authority and estate agents

Examples of recent conveyancing in Loughton since October 2021*

Disposal

of terraced premises, Hainault Road, IG7 5DH completing on 15/10/2021 at a price of £2,630,000. The legal transfer of property included amongst the various tasks: dealing with appropriate requisitions and enquiries, agreeing completion date with parties, sending title deeds and signed transfer to buyer’s lawyers

Transfer

of terraced property, Lambourne Crescent, IG7 6EY completing on 18/10/2021 at a price of £425,000. The conveyancing process incorporates some of the following tasks: drafting the sale agreement and Transfer, dealing with appropriate requisitions and enquiries, securing official copies of the title

Transfer

of semi-detached premises, The Green, E4 7ES completing on 20/10/2021 at a price of £1,500,000. The conveyancing process incorporates some of the following tasks: drafting the sale agreement and Transfer, sending the transfer to the seller for signature in preparation for completion, sending title deeds and signed transfer to purchaser’s lawyers

Purchase

of apartment Churchfields E18 2RE, purchased for £280,000. Leasehold conveyancing work included: drafting the sale agreement and Transfer, sending conveyancing papers to buyers representatives, setting up the completion formalities

Recently asked questions about conveyancing in Loughton

My wife and I are planning to buy a home in Loughton and are in fact using a Loughton conveyancing firm. Within the last couple of days our solicitor has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. The Royal Bank of Scotland have this morning contacted us to advise us that there is now an issue as our Loughton lawyer is not on their conveyancing panel. What do we do from here?

Where you are buying a property with the assistance of a mortgage it is normal for the purchasers' solicitors to also represent the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the bank's conveyancing panel and you may continue to use your own Loughton solicitors, in which case it will likely add costs, and it will likely delay the transaction as you have another set of people involved.

Some advice if I may. My Loughton conveyancer is advising me that he is legally obliged toconduct Loughton conveyancing searches asthe firm are on the Nat Westsolicitor panel. Is this really necessary?

You have limited options available to you. Given that you are taking out a loan with a bank your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Loughton conveyancing searches.

I own a freehold premises in Loughton but still invoiced for rent, why is this and what is this?

It’s unusual for properties in Loughton and has limited impact for conveyancing in Loughton but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.

We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel conveyancer as I would prefer to use a Loughton based conveyancing firm?

You should check but the the probability is that give you one of their panel solicitors should you take up the "fee-free" deal. Speak to the bank and explore if they allow a cash alternative. In the past a few lenders offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Loughton.

When it comes to mortgage companies such as Kent Reliance, do Loughton conveyancing practitioners face a yearly amount to be on the conveyancing panel?

We are unaware of any mortgage company fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.

We have agreed to purchase a house in Loughton. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender TSB be concerned?

Given that your lender is TSB your lawyer must follow the formal instructions contained in Section two of UK Finance Lenders’ Handbook for TSB. The Council of Mortgage Lenders’ Handbook sets out minimum conditions for solar panel roof-space leases, and lawyers are required to report to TSB where a lease does not comply with these specifications. The conditions relate to the installation of panels on properties countrywide and is not limited to Loughton.

The formalities of my remortgage has taken place for my property in Loughton. Conveyancing was satisfactory but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?

Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.

I require quick conveyancing in Loughton as I have a deadline to sign on the dotted line inside 2 weeks. A home loan is not required. Is it possible to escape the need for conveyancing searches to save money and time?

If.Given you are are a cash purchaser you are at free not to have searches conducted although no conveyancer would advise that you don't. With plenty of history conveyancing in Loughton the following are instances of what can show up and adversely affect future mortgageability: Enforcement Actions, Outstanding Fees, Overdue Grants, Road Schemes,...

Last updated

Sample of conveyancing solicitors in Loughton regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Loughton but also conveyancing throughout England and Wales.

  • Kim Betts & Co, 231a High Road, Loughton, Essex, IG10 1AD
  • Hunter Price Kahn Limited, Grangewood House, 43 Oakwood Hill, Loughton, Essex, IG10 3TZ
  • Stapley & Co, 141a High Road, Loughton, Essex, IG10 4LT
  • Diamonds Legal Llp, 3 Queens Mews, Queens Road, Buckhurst Hill, Essex, IG9 5AZ
  • Ruby Ace Limited, 3 Queens Mews, Queens Road, Buckhurst Hill, Essex, IG9 5AZ

Commercial Conveyancing solicitors in Loughton regulated by the SRA

The firms listed below are a small selection of solicitors in Loughton specialising in commercial conveyancing in Loughton. This should include advice on complex issues under the Landlord and Tenant Act of 1954
  • Kim Betts & Co, 231a High Road, Loughton, Essex, IG10 1AD
  • Hunter Price Kahn Limited, Grangewood House, 43 Oakwood Hill, Loughton, Essex, IG10 3TZ
  • Stapley & Co, 141a High Road, Loughton, Essex, IG10 4LT
  • Diamonds Legal Llp, 3 Queens Mews, Queens Road, Buckhurst Hill, Essex, IG9 5AZ
  • Ruby Ace Limited, 3 Queens Mews, Queens Road, Buckhurst Hill, Essex, IG9 5AZ

Residential Licensed Conveyancers in Loughton regulated by the CLC

Please note that the listed conveyancers do not limit their work for conveyancing in Loughton but also conveyancing across England and Wales.
  • Verbatim Property Lawyers Ltd, 455 High Road, IG8 0XE

Neighboring Locations

Loughton
Chigwell

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.