After what seems like an age a loan offer from Nationwide for the refinancing of my 3 room garden flat is due any day now. Are you able to propose a cheap conveyancing solicitor in Stanford Le Hope?
You have come to the wrong place to search for the lowest fares for conveyancing in Stanford Le Hope. Our aim is to provide value for money conveyancing but our intention is not to work with the cheapest lawyers. Do not be swayed by organisations offering the bait of £100 conveyancing in Stanford Le Hope. At best, in being led by cheap conveyancing, you will get your money’s worth and at worst you will end up invoiced for extras and still not receive the service required.
What is the first thing I need to know concerning purchase conveyancing in Stanford Le Hope?
You may not hear this from too many lawyers but conveyancing in Stanford Le Hope and elsewhere in Essex is an adversarial process. In other words, when it comes to conveyancing there exists an abundance of opportunity for confrontation between you and others involved in the ownership transfer. For instance, the vendor, selling agent and sometimes the mortgage company. Appointing a solicitor for your conveyancing in Stanford Le Hope should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the process whose role it is to protect your best interests and to keep you safe.
On occasion a third party with a vested interest will attempt to sway you that you should follow their advice. For instance, the property agent may claim to be helping by claiming that your conveyancer is wrong. Or your mortgage broker may try to convince you to do take action that is contrary to your lawyers recommendation. You should always trust your lawyer above all other parties in the conveyancing process.
Should our solicitor be raising questions regarding flooding as part of the conveyancing in Stanford Le Hope.
Flooding is a growing risk for lawyers dealing with homes in Stanford Le Hope. There are those who purchase a house in Stanford Le Hope, 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 insurance cover, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Solicitors are not qualified to impart advice on flood risk, however there are a various checks that may be initiated by the buyer or by their lawyers which can figure out the risks in Stanford Le Hope. The standard property information forms sent to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual inquiry of the vendor to determine if the property has suffered from flooding. In the event that the property has been flooded in past and is not notified by the seller, then a buyer could commence a legal claim for losses as a result of such an inaccurate response. A purchaser’s conveyancers will also carry out an environmental report. This will reveal whether there is a recorded flood risk. If so, additional inquiries will need to be initiated.
I have justbeen informed that Action Conveyancing have closed. They conducted my conveyancing in Stanford Le Hope for a purchase of a freehold house 18 months ago. How can I be sure that my home is not still registered in the name of the previous owner?
The easiest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Stanford Le Hope conveyancing specialists.
Over the last few months I have been searching for a flat up to £305k and found one close by in Stanford Le Hope I like with a park and railway links in the vicinity, however it's only got 51 years unexpired on the lease. I can't really find anything else in Stanford Le Hope suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a home loan the remaining unexpired lease term may be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.