We note that you have a post code search directory identifying solicitors on the conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Upminster?

We are a listing service only for law firms wishing to communicate if they are on the conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Upminster.

We wanted to use a conveyancing solicitor in Upminster for our house move. Our financial adviser informed us that our mortgage lenders won't deal with them. Why is this not regarded as unfair competition?

Banks in the main restrict either the type or the number of conveyancing practices on their member panel. Typical examples of such criteria being that a law practice must have two or more partners. As well as restricting the profile of firm, a few lenders have limited the amount of solicitor practices they use to act for them. You should note that have no responsibility for the quality of advice provided by any member of Conveyancer Panel. Mortgage fraud was a primary driver in the rationalisation of solicitor panels since 2008 even though there are differing views regarding the level of solicitor engagement in some of that fraud. Statistics from the Land Registry reveal that plenty of law firms, including some in or near Upminster only perform one or two conveyances a year.

Will our solicitor be asking questions about flooding during the conveyancing in Upminster.

Flooding is a growing risk for lawyers dealing with homes in Upminster. Plenty of people will purchase a property in Upminster, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or dispose of the premises. Steps can be carried out during the course of a house purchase to forewarn the purchaser.

Solicitors are not qualified to offer advice on flood risk, but there are a various searches that may be initiated by the buyer or on a buyer’s behalf which can give them a better appreciation of the risks in Upminster. The standard information given to a buyer’s solicitor (where the Conveyancing Protocol is adopted) includes a usual inquiry of the seller to find out whether the premises has ever been flooded. If flooding has previously occurred which is not disclosed by the owner, then a purchaser may bring a compensation claim stemming from an incorrect response. The purchaser’s solicitors may also conduct an enviro report. This should higlight if there is any known flood risk. If so, additional investigations will need to be conducted.

We're novice buyers - had an offer accepted, but the selling agent informed us that the vendor will only issue a contract if we appoint their chosen lawyers as they need an ‘expedited deal’. Our preferred option is to instruct a family solicitor used to conveyancing in Upminster

It is highly unlikely the owners are driving this. If they desire ‘a quick sale', turning down a motivated purchaser is counter productive. Contact the vendors directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Upminster conveyancing firm - rather thanthose that will provide their estate agent a kickback or hit his conveyancing thresholds pre-set by corporate headquarters.

I am the registered owner of a 2 bed flat in Upminster, conveyancing having been completed in 1995. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Upminster with a long lease are worth £165,000. The ground rent is £45 invoiced every year. The lease ceases on 21st October 50

You have 50 years remaining on your lease we estimate the price of your lease extension to span between £36,100 and £41,800 plus professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.