Would the conveyancing lawyers that you recommend conduct conveyancing in South Hornchurch by way of an attended exchange?
There are a few conveyancing experts carrying out personalised exchanges. Do contact us to receive a conveyancing quote and details as to dates.
We are looking to buy a flat and need a conveyancing solicitor in South Hornchurch who is on the Lloyds solicitor panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in South Hornchurch.
I used Wolstenholmes several years past for my conveyancing in South Hornchurch. Now, I need my documents however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate 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 Hornchurch of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am using a search engine for the words conveyancing in South Hornchurch it brings up many conveyancersin the vicinity. With so much choice what is the best way to find the suitable solicitor for me?
The best method of choosing a suitable conveyancer is via personal recommendation, so seek the counsel of colleagues and relatives who have acquired a property in South Hornchurch or a reputable estate agent or financial adviser. Costs for conveyancing in South Hornchurch differ, so it's advisable to secure at least three quotes from different conveyancers. Be sure to seek confirmation what costs in the quote includes.
I am looking at a two apartments in South Hornchurch which have approximately forty five years unexpired on the leases. Will this present a problem?
There is no doubt about it. A leasehold flat in South Hornchurch is a deteriorating asset as a result of the reducing lease term. The closer the lease gets to its expiry date, the more it adversely affects the salability of the property. For most purchasers and lenders, leases with less than eighty years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a property with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with South Hornchurch conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a South Hornchurch conveyancing firm to represent me?
Where there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to judgment on the price.
An example of a Lease Extension matter before the tribunal for a South Hornchurch property is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case affected 1 flat. The unexpired lease term was 57.5 years.