Do the conveyancing solicitors via your comparison service perform conveyancing in Basildon by way of an attended exchange?

There are a few conveyancing specialists carrying out attended exchanges. Please call us to obtain a fee calculation and details as to availability.

Will conveyancers ask for money up-front for conveyancing in Basildon?

If you are buying a property in Basildon your solicitor will request that you put them with funds to cover the search fees. Generally this is needed to cover the fees of the Local Authority Search. If any deposit is as part of the total price then this will be needed immediately before exchange of contracts. The closing balance that is due should be transferred shortly before completion.

Do I select a Licenced Conveyancer or Solicitor for conveyancing in Basildon?

There are many registered licenced Conveyancers in Basildon and Solicitor practices in Basildon who provide Conveyancing services It is important to make clear that both are regulated professionals specialising in the legal work in transferring property. The two can handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

Please help - my lawyer says that absentee landlord insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Basildon?

The appropriate level of absentee landlord indemnity insurance depends on your lender. It would differ for example between Barclays and Leeds Building Society. Conveyancing solicitors as opposed to members of the public take out such policies.

I happen to be the single recipient of my late grandmother’s will and I have everything in my name alone, including the house in Basildon. Conveyancing formalities meant that the Land Registry date was in June. I plan to dispose of the property. I do know about the Mortgage Lenders six month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the house in June. Do I have to wait half a year to sell?

The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. How sensible a view lenders take of it, depend on the bank as this obligation principally exists to identify subsales or the quick reselling of property.

Will our conveyancer be raising questions concerning flooding during the conveyancing in Basildon.

Flooding is a growing risk for conveyancers dealing with homes in Basildon. There are those who acquire a house in Basildon, fully aware that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.

Conveyancers are not qualified to give advice on flood risk, however there are a numerous checks that can be undertaken by the buyer or by their conveyancers which will give them a better understanding of the risks in Basildon. The standard completed inquiry forms given to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the seller to discover if the premises has suffered from flooding. In the event that the residence has been flooded in past and is not disclosed by the owner, then a purchaser may issue a claim for damages as a result of such an misleading response. A purchaser’s lawyers may also commission an enviro report. This will indicate if there is any known flood risk. If so, additional inquiries should be conducted.

I am buying a new build flat in Basildon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Basildon

The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?