Souldretaining a Chichester conveyancing firm make my purchase more efficient?
Chichester is a unique place, where neighbourhood insight helps. The laid-back lifestyle is great – but not when it comes to your house move. The property lawyers that we list display wide Chichester knowledge with a professional, can doapproach that ensures the conveyancing to progress with the minimum of fuss. It will certainly help where they benefit from good connections with mortgage brokers, estate agents, surveyors and counterpart Chichester conveyancing practitioners
AssumingI were to buy a simple residential housein Chichester mortgage fee and dispense with a survey and no conveyancing searches how much should I expect to to save on my conveyancing in Chichester?
The only reduction in fees you would achieve is the costs for searches. A lawyer is obliged to do the vast majority of work - money laundering, liaising with your sellers property lawyer, SDLT return, register the property etc. You might save a bit for them not needing to register a mortgage however it won't be a lot.
I completed on my apartment on 12 August and my personal details is yet to be on the land registry website. Should I be concerned? My conveyancing solicitor in Chichester said it would be concluded inside ten days. Are transfers in Chichester particularly slow to register?
As far as conveyancing in Chichester registration is no quicker or slower than the rest of the country. As opposed to being determined by geographic area, timescales can vary depending on who lodges the application, whether it is in order and whether the Land registry communicate with any third parties. Currently roughly three quarters of submission are fully dealt with within two weeks but occasionally there can be extensive delays. Historically registration takes place after the buyer is living at the premises thus 'speed' is not always top priority yet if it is urgent that the the registration takes place urgently then you or your lawyers must contact the land registry and explain the circumstances.
I decided to have a survey done on a house in Chichester in advance of appointing conveyancers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend refuse to grant a loan on such a premises.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. If you e-mail us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Chichester. Conveyancing may be slightly more expensive based on your lender's requirements.
Do I need to be wary that third parties that I am dealing with are recommending a factory type conveyancing firm rather than a local Chichester conveyancing firm?
As with many service providers, often input from connections can be very helpful. Nevertheless there are many parties with a vested interest in a conveyancing transaction; estate agents, financial adviser and mortgage companies might all suggest conveyancers to use. On occasion the conveyancers might be known to one of the organisations as being good in their field, but occasionally there might be a commercial relationship behind the recommendation. You have the right to choose your preferred lawyer. Don't forget that most lenders have an approved list of lawyers you must use for the mortgage related work in your conveyancing.
Back In 2004, I bought a leasehold house in Chichester. Conveyancing and Clydesdale mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Chichester who previously acted has long since retired. Do I pay?
The first thing you should do is make enquiries of the Land Registry to be sure that this person is indeed the new freeholder. You do not need to instruct a Chichester conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Chichester Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to buying
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Where a Chichester lease has no more than 80 years it will have adverse implications on the value of the apartment. Check with your bank that they are happy with remaining years on the lease. Leases with less than 80 years remaining means that you will probably require a lease extension at some point and you need to have some idea of how much this will be. Remember, in most cases you will need to own the residence for two years before you are eligible to extend the lease. Best to be warned whether window replacement or some other major work is due in the foreseeable future to be shared amongst the leaseholders and will dramatically increase the the service charges or necessitate a specific payment.