A loan offer from HSBC for the refinancing of my 4 room maisonette is expected by the end of next week. Are you able to suggest a cheap conveyancing lawyer in South Woodham Ferrers?
You have come to the wrong place to search for the cheapest conveyancing in South Woodham Ferrers. Our intention is to offer excellent value conveyancing but we do not advertise as being the cheapest. Do not be fooled by organisations offering the bait of ninety nine pound conveyancing in South Woodham Ferrers. At best, in being led by cheap conveyancing, you will receive what you pay for and at worst you will end up paying a lot in extras and still not end up with the service required.
I own a freehold premises in South Woodham Ferrers but nevertheless pay rent, why is this and what is this?
It is rare for properties in South Woodham Ferrers and has limited impact for conveyancing in South Woodham Ferrers 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 many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
Have just purchased a repossessed house at auction in South Woodham Ferrers. Conveyancing is needed. What happens now?
Having for all intents and purposes signed on the dotted line you must find a conveyancing solicitor as a matter of urgency as you now have a fast approaching deadline in which to complete the property. An auction property will have an associated legal pack. This will include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the auction papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to a leasehold property. You need to pass this on to your appointed conveyancing solicitor ASAP. You also need to ensure that that you have the requisite funding in place to complete on the on the contractual date .
We have agreed to purchase a house in South Woodham Ferrers. A rare aspect is that the roof has a solar panel. Barclays have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Barclays your lawyer must comply with the formal instructions set out in Section two of UK Finance Lenders’ Handbook for Barclays. The Council of Mortgage Lenders’ Handbook stipulates minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to Barclays where a lease does not meet these requirements. The specifications relate to the installation of panels on properties in England and Wales and is not isolated to South Woodham Ferrers.
About to purchase house in South Woodham Ferrers. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Skipton conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the South Woodham Ferrers conveyancing practitioner is on the Skipton conveyancing panel.
I used Wolstenholmes several years past for my conveyancing in South Woodham Ferrers. Now, I need my files 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 South Woodham Ferrers 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.
How does conveyancing in South Woodham Ferrers differ for newly converted properties?
Most buyers of new build property in South Woodham Ferrers approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is built. This is because developers in South Woodham Ferrers typically 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 conveyancing solicitors 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 accustomed to new build conveyancing in South Woodham Ferrers or who has acted in the same development.
I own a leasehold house in South Woodham Ferrers. Conveyancing and Lloyds TSB Bank mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing solicitor in South Woodham Ferrers who previously acted has now retired. Any advice?
The first thing you should do is make enquiries of the Land Registry to make sure that this person is in fact the new freeholder. It is not necessary to incur the fees of a South Woodham Ferrers conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I acquired a 1st floor flat in South Woodham Ferrers, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in South Woodham Ferrers with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 levied per year. The lease ends on 21st October 2079
With just 58 years left to run the likely cost is going to range between £22,800 and £26,400 plus costs.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.