Me and my fiance are purchasing a 2 bedroom apartment in Henfield with a mortgage. We like our Henfield lawyer, however the bank advise he's not on their "panel". It seems we have little option but to select one of the mortgage company panel firms or retain our Henfield lawyer as well as pay for one of their panel ones to act for them. This seems very unfair; is there anything we can do?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Henfield conveyancing lawyer to apply to be on the conveyancing panel.
I have given 8 weeks notice to my existing landlord and must be out of my let out flat in Henfield by 4/11/2025. Conveyancing for my house purchase is underway. Is it possible to complete in a couple of weeks as don't want to have to find short term accommodation?
It is unwise to provide notice on a rental unless exchange of contracts has taken place. If you have not previously done so, notify to your lawyer and request that they apply pressure on the owners side, try to a target completion date that all parties will work towards
Do the Building Society Association intend to launch a searchable register to to identify practices on the Norwich and Peterborough Building Society conveyancing panel for instance in Henfield?
We would not expect to be advised of any plans on the part of the BSA to develop such a register.
I moved into my flat on 11 June and my personal details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Henfield advises it would be dealt with in a couple of weeks. Are transfers in Henfield uniquely lengthy to register?
There is nothing unique about conveyancing in Henfield registration formalities. As opposed to being determined by geographic area, timeframes can differ according to the party submitting the application, whether there are errors and if the Land registry need to notify any 3rd persons or bodies. At present in the region of 80% of submission are fully dealt with within 12 days but some can be subject to protracted delays. Registration takes place after the buyer has moved in to the property therefore an expedited registration is not always primary concern but if there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
I have recently realised that I have Seventy years left on my lease in Henfield. I now want to extend my lease but my freeholder is can not be found. What should I do?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. You will be obliged to prove that you have made all reasonable attempts to track down the landlord. In some cases an enquiry agent should be helpful to carry out a search and prepare an expert document to be used as evidence that the landlord can not be located. It is advisable to get professional help from a conveyancer in relation to proving the landlord’s disappearance and the application to the County Court overseeing Henfield.
I purchased a 2 bed flat in Henfield, conveyancing having been completed 8 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Henfield with a long lease are worth £207,000. The average or mid-range amount of ground rent is £60 invoiced every year. The lease ends on 21st October 2082
With 57 years unexpired the likely cost is going to range between £28,500 and £33,000 plus professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional 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 based on this information without first getting professional advice.
I require the services of a lender panel solicitor in Henfield. Could you help me?
Unfortunately it’s not apparent why you need a Henfield panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the bank to find out which solicitors in Henfield are on their panel . If you do find such a firm in Henfield not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site