Is there a reason why leasehold purchase conveyancing in South Hornchurch costs more?

South Hornchurch leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

I need some fast conveyancing in South Hornchurch as I am faced with pressure to sign on the dotted line in less than 3 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save money and time?

As you are are a mortgage free purchaser you have the choice not to do searches although no solicitor would suggest that you don't. With lots of history conveyancing in South Hornchurch the following are examples of what can show up and therefore impact market value: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Road Schemes,...

How does conveyancing in South Hornchurch differ for newly converted properties?

Most buyers of new build property in South Hornchurch approach us having been asked by the developer to sign contracts and commit to the purchase even before the property is completed. This is because developers in South Hornchurch usually acquire the site, 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 South Hornchurch or who has acted in the same development.

I was pointed in your direction by a few estate agents in South Hornchurch to locate a property lawyer on your site. Is there a financial advantage for Estate Agents to market your lawyers over a competitor’s?

We refuse to offer any referral fee for sending work to this site. We found it would be just too difficult a fee as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.

I am in the process of buying my 1st home in South Hornchurch. Conveyancing lawyer already instructed. The broker advised that a survey is not needed as the property was only built in 2001.

You would be best advised to commission a Home Buyer's Report. As the property is over ten years old the property will be without a warranty, so you don't want to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report may be enough. They will highlight any apparent issues and recommend additional investigation if relevant. If there are any indications of material issues get a comprehensive structural survey.