Do the conveyancing solicitors identified via your search tool handle auction conveyancing in Great Dunmow?

There are a few auction lawyers we can put you in touch with those conducting auction conveyancing. Great Dunmow is one of hundreds of areas of in which our lawyers have a presence.

Can you explain why leasehold purchase conveyancing in Great Dunmow is more expensive?

In short, leasehold conveyancing in Great Dunmow and Essex usually requires more due diligence compared to freehold conveyancing. This includes analysing the lease terms, liaising with the landlord about the service of applicable notices, securing current service charge and management information, securing the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.

How does conveyancing in Great Dunmow differ for newly converted properties?

Most buyers of new build or newly converted property in Great Dunmow contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Great Dunmow tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Great Dunmow or who has acted in the same development.

We are a fortnight into a freehold purchase having been referred to a firm by the estate agent to execute conveyancing in Great Dunmow. I am not happy. Could you you assist me in finding new conveyancers?

A solicitor would need to be very bad in order to consider replacing them. Has your loan offer been issued? In the event that it has you need to make them aware of the new lawyer and get the mortgage documents are issued to the new lawyers. The solicitor ideally needs to be on the banks approved list to avoid escalating expenses and frustration. So that should be your starting point. Our search tool will assist you in finding a lender approved conveyancer for your home move in Great Dunmow

Do you have any advice for leasehold conveyancing in Great Dunmow with the aim of saving time on the sale process?

• Much of the delay in leasehold conveyancing in Great Dunmow can be bypassed where you instruct lawyers as soon as your agents start marketing the property and request that they start to collate the leasehold documentation which will be required by the buyers’ conveyancers.
A minority of Great Dunmow leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain bank and professional references. Any bank reference should make it clear that the buyer is able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their lawyers. If you are supposed to have a share in the freehold, you should make sure that you are holding the original share document. Organising a re-issued share certificate is often a lengthy formality and slows down many a Great Dunmow home move. If a new share certificate is needed, you should approach the company officers or managing agents (if relevant) for this sooner rather than later. The majority of landlords or managing agents in Great Dunmow levy fees for providing management packs for a leasehold home. You or your lawyers should find out the actual amount of the charges. The management information can be applied for as soon as you have a buyer, thus reducing delays. The average time it takes to receive management information is three weeks. It is the most frequent reason for delay in leasehold conveyancing in Great Dunmow.

Great Dunmow Leasehold Conveyancing - Examples of Questions you should ask Prior to buying

What restrictions exist in the Great Dunmow Lease? What is the name of the managing agents?