We hired a high street firm for my conveyancing in Copthorne today. Reviewing the small print I noteI am on the hook for costs even if the dealdoes not happen. Should I go with them or instruct a web based solicitor practice advertising no completion no charge conveyancing in Copthorne?
Generally there is a compromise along the lines that if "No Sale No Fee" is offered then the conveyancing charges will tend to be be higher to cover the transactions that fail to complete. Dont forget that these offerings rarely protect you from expenses such as Copthorne conveyancing search fees.
Our Copthorne solicitor has spotted a discrepancy when comparing the information in the valuation survey and what is in the title deeds. My solicitor has advised that he is duty bound to check that the lender is happy with this discrepancy and is still content to lend. Is my solicitor’s approach right?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I am about to put an offer on a leasehold flat in Copthorne. The estate agents say that it is normal for flats in Copthorne to have less than 75 years left on the lease. I am getting a mortgage with Chelsea Building Society. Will the property be mortgageable given that the lease has 72 years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 17/2/2025 the requirements read as follows :
Forgive me if this question is silly but I am unexperienced as a 1st time buyer of a garden flat in Copthorne. Do I collect the keys to the property on the completion date from my lawyer? If this is the case, I will appoint a High Street conveyancing solicitor in Copthorne?
On the day of completion you do not need to go to the conveyancers office in Copthorne. Conveyancing lawyers for you will arrange to send the purchase money to the seller's solicitors, and shortly after the monies have arrived, you will be able to pick up the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
A friend advised me that in purchasing a property in Copthorne there could be a number of restrictions prohibiting external changes to a property. Is this right?
There are anumerous of properties in Copthorne which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Copthorne should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am planning to move property in April. Should my conveyancing solicitor call the removal company on the completion day. On a separate note, can you put forward a removal company in Copthorne. Conveyancing solicitor was organised prior to coming across this website.
On the day of completion you will need to pick up the keys from the estate agent however this can only occur when the sellers solicitors advise the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you should advise the removal men that you are ready to move in. As a matter of policy we do not recommend a specific removal organisation but can help you locate a conveyancing in Copthorne or a lawyer with expertise in conveyancing in Copthorne.
Over the last few months I have been searching for a flat up to £235,500 and found one close by in Copthorne I like with open areas and railway links nearby, however it only has 61 remaining years left on the lease. I can't really find anything else in Copthorne in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a mortgage the shortness of the lease will be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
Taking into account that I am about to part with £400,000 on a garden flat in Copthorne I would like to talk to a lawyer concerning thehome move ahead of giving the go ahead to the firm. Can this be arranged?
Absolutely - we would be pleased to talk to you we do not take any clients on without you first talking to the conveyancer due to be carrying out your conveyancing in Copthorne.There is no ‘factory style conveyancing’ - each client is unique person, not a file reference. The solicitors that we put you in touch with believe that the figure you are quoted for residential conveyancing in Copthorne should be the amount on the final invoice that you are charged.