Can conveyancing in Thurrock to be finalised in under 10 days?

In the event that you are under pressure for your conveyancing we would recommend that your lawyer is familiar with the area as they will make use of local relationships and knowledge. It is possible that they would have handled previousproperties in the same neighbourhood. You would be best advised to use a Thurrock conveyancing solicitor. Second, make sure that the lawyer is on the on the approved list for your mortgage company. It is estimated that just under twenty per cent of Thurrock conveyancing deals are frustrated or derailed after discovering a purchaser’s conveyancer was not on their mortgage lender’s panel. This can often result in the legal transfer of property being frustrated by almost three weeks. It is estimated that this issue affects in the region of one hundred thousand home moves annually. Almost all Thurrock conveyancing practices can not represent certain mortgage companies so do check at the outset.

I am selling my house in Thurrock. Will my property lawyer need to be required to be on the HSBC conveyancing panel in order to deal with the discharge of my mortgage?

Ordinarily, even if your lawyer is not on the HSBC conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.

I am assisting my sister sell her property in Thurrock. Does the solicitor commission the energy performance certificate or do I organise this?

After the abolition of Home Information Packs, energy assessments was kept a mandatory component of selling a property. An EPC must be commissioned prior to the property being advertised. This is not as aspect of the sale process that solicitors normally arrange. Where you are using a Thurrock conveyancing practitioner they may be willing to arrange energy performance certificates given their relationships with reputable Thurrock providers

I am aiming to move house in April. Should my conveyancing solicitor communicate with the removal company on the day of completion. On a separate note, can you suggest a removal company in Thurrock. Conveyancing solicitor was chosen before I stumbled across your page.

On the afternoon of completion you can pick up the keys from your estate agent but this can only be done after the previous owners solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be released. Subsequently you will need to advise the removal company that they can start moving you in. As a matter of policy we do not recommend a specific removal organisation but can help you choose a residential property solicitor in Thurrock or a legal practice with expertise in conveyancing in Thurrock.

Can I be sure that the Thurrock conveyancing solicitor on the Nationwide panel is any good?

When it comes to conveyancing in Thurrock obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor handling your transaction.

I have been on the look out for a flat up to £195,000 and found one round the corner in Thurrock I like with amenity areas and transport links in the vicinity, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in Thurrock for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.

I am hoping to put an offer on a small detached house that seems to tick a lot of boxes, at a great figure which is making it all the more appealing. I have subsequently discovered that it's a leasehold rather than freehold. I am assuming that there are particular concerns buying a house with a leasehold title in Thurrock. Conveyancing solicitors have are soon to be appointed. Will they explain the issues?

The majority of houses in Thurrock are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. it is apparent that you are buying in Thurrock so you should seriously consider shopping around for a Thurrock conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as requiring the freeholder’sconsent to carry out alterations. You may also be required to pay a maintenance charge towards the maintenance of the communal areas where the property is located on an estate. Your lawyer will appraise you on the various issues.

I acquired a basement flat in Thurrock, conveyancing formalities finalised May 1996. Can you work out an approximate cost of a lease extension? Equivalent flats in Thurrock with an extended lease are worth £227,000. The average or mid-range amount of ground rent is £50 per annum. The lease terminates on 21st October 2097

With only 72 years remaining on your lease we estimate the price of your lease extension to range between £9,500 and £11,000 plus legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.