Recently been in touch with my conveyancing solicitor in Pitsea who conducted the legals two years ago asking for a conveyancing costs illustration based on an identical type of house sale & purchase (a leasehold property and a freehold property) of similar values with a loan from Skipton Building Society. I am now being quoted twice the amount. Should I hunt for an alternative property lawyer?
The charges seem a bit high. If you shop around you could shave off some of the expense by as much as £100 plus VAT. That being said, assuming were content with the legal work the firm offered you mightcome to rue opting for an an untested solicitor. Don't forget to enquire that the firm can act for Skipton Building Society. Do utilise our search tool to choose a Pitsea conveyancing firm on the Skipton Building Society approved list of lawyers, which can often include conveyancing solicitors in Pitsea.
Will my conveyancer be asking questions regarding flooding as part of the conveyancing in Pitsea.
The risk of flooding is if increasing concern for lawyers dealing with homes in Pitsea. There are those who acquire a house in Pitsea, fully aware that at some time, it may be flooded. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or dispose of the premises. There are steps that can be taken during the course of a house purchase to forewarn the buyer.
Lawyers are not qualified to impart advice on flood risk, however there are a various checks that can be initiated by the purchaser or by their conveyancers which will give them a better understanding of the risks in Pitsea. The standard completed inquiry forms supplied to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual question of the vendor to discover if the property has suffered from flooding. If the residence has been flooded in past which is not notified by the owner, then a buyer could issue a compensation claim as a result of such an inaccurate answer. The buyer’s lawyers will also carry out an environmental report. This should reveal if there is a recorded flood risk. If so, further inquiries should be conducted.
I used Stirling Law a few years ago for my conveyancing in Pitsea. I now require my file however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Pitsea of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
What does commercial conveyancing in Pitsea cover?
Non domestic conveyancing in Pitsea incorporates a broad array of guidance, given by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
We're novice buyers - had an offer accepted, yet the selling agent advised that the owners will only issue a contract if we appoint their recommended conveyancers as they want an ‘expedited deal’. We would rather use a high street solicitor accustomed to conveyancing in Pitsea
We suspect that the seller is not behind this requirement. If they require ‘a quick sale', alienating a motivated buyer is going to damage their objectives. Contact the sellers directly and make the point that (a)you are motivated buyers (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you will continue to appoint your own,trusted Pitsea conveyancing lawyers - as opposed tothose that will earn the negotiator at the agency a commission or achieve conveyancing thresholds demanded by head office.
I own a leasehold flat in Pitsea. Conveyancing was completed in 2010. I have been told that I should not let the the remaining lease term to get too short. Why is that a problem?
Pitsea leasehold properties are for a set period - often ninety nine years when they commenced. However many appartments in Pitsea were built or converted 30 or more years ago and so such leases now have under eighty years remaining. This may sound like a long time but Banks, Building Societies and other mortgage companies generally need leases to have a minimum of 75 years left to adequate security. This means that when you come to sell the property you will need a lease extension if you are getting close to 75 years. To increase your property value you should be thinking about whether to extend your lease long before you come to sell it. There are also significant benefits to doing so before the lease reaches even 80 years as when the lease is below 80 years the premium you have to pay to extend starts to increase.