After what seems like an age a mortgage offer from NatWest for the refinancing of my 2 bedroom apartment is coming by the end of next week. Could you propose a low cost conveyancing practitioner in Thurrock?
You are on the wrong site if you are seeking a cheap conveyancing in Thurrock. Our goal is to offer affordable conveyancing but we do not aim to work with the cheapest lawyers. Resist the temptation to appoint companies offering the bait of £99 conveyancing in Thurrock. At best, in deciding on cheap conveyancing, you will earn what you pay for and at worst it will result in you being stung for additional fees and still not get the service you were looking for.
I purchased a freehold house in Thurrock yet charged rent, why is this and what is this?
It’s unusual for properties in Thurrock and has limited impact for conveyancing in Thurrock 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed 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 a couple who intend to purchase a 2 bedroom apartment in Thurrock with a loan from Bank of Ireland.We have a Thurrock conveyancing practitioner but Bank of Ireland informed us his firm is not listed on their "panel". we are left little option but to use a Bank of Ireland panel firm or keep our high street solicitor and pay for a Bank of Ireland panel lawyer to represent them. This seems very unfair; is there anything we can do?
No, not really. The mortgage offered to you contains various provisions, a common one being that lawyers must be on the Bank of Ireland approved list. Until recently, most banks had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Bank of Ireland
I own a renovated Georgian house in Thurrock. Conveyancing solicitor acted for me and Birmingham Midshires. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the exact same address. Is it worth asking Birmingham Midshires to clarify?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Thurrock and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing solicitor who completed the work.
Due to the guidance of my in-laws I had a survey completed on a property in Thurrock ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies will not issue a mortgage on a flying freehold property.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you contact us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Thurrock. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it best to choose a Thurrock conveyancing lawyer who is local to the property I am buying? We have a good friend who can carry out the conveyancing however her office is 400miles drive away.
The benefit of a local Thurrock conveyancing practice is that you can pop in to execute paperwork, hand in your identification documents and apply pressure on them if necessary. Having local Thurrock know how is a plus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and on the whole were happy that should outweigh using an unfamiliar Thurrock conveyancing solicitor just because they are round the corner.