At long last a loan agreement from HSBC for the refinancing of my 4 room apartment is expected by the end of next week. Are you able to propose a low cost conveyancing practitioner in Shoeburyness?

You have arrived at the wrong place to search for the cheapest conveyancing solicitors in Shoeburyness. Our aim is to provide affordable conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing brokers offering the bait of ninety nine pound conveyancing in Shoeburyness. At best, in going for low cost conveyancing, you will get your money’s worth and at worst it will result in you with a surprising uplift in additional fees and still not end up with the service required.

I have a decision in principle. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel conveyancer as I would prefer to instruct a Shoeburyness based conveyancing firm?

Do check but the chances are that appoint one of their panel conveyancers if you want the "fee-free" offer. Speak to the bank and check if they make available a monetary alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Shoeburyness.

I am buying a new build flat in Shoeburyness. 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 legal work.

Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Shoeburyness

Please confirm the Lease plans are surveyor prepared. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants.

Over the last few months I have been searching for a ground for flat up to £235,500 and identified one close by in Shoeburyness I like with open areas and railway links nearby, the downside is that it only has 52 years on the lease. There is not much else in Shoeburyness in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?

If you need a home loan the shortness of the lease will be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. 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 then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.

Can you offer any advice when it comes to choosing a Shoeburyness conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a property lawyer for your lease extension (regardless if they are a Shoeburyness conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Shoeburyness conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be useful:

How many lease extensions have they completed in Shoeburyness in the last year?

Leasehold Conveyancing in Shoeburyness - A selection of Questions you should consider Prior to buying

How many of the leaseholders are in arrears for their service charge payments? Be sure to discover if there are any onerous restrictions in the lease. For example some leases prohibit pets being allowed in in a block in Shoeburyness. If you like the propertyin Shoeburyness but your dog is not allowed to move with you then you will be faced hard compromise. It is important to be aware if changing the roof or some other significant cost is coming up that will be shared by the leasehold owners and will materially increase the the maintenance costs or necessitate a specific invoice.