The Horsham conveyancing firm handling our Horsham conveyancing has discovered an inconsistency when comparing the assumptions in the valuation report and what is revealed within the conveyancing documents. My lawyer informs me that he needs to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my solicitor’s course or action right?
Your conveyancer must comply with the UK Finance Lenders’ Handbook requirements 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 you.
Can I use your services to recommend a Conveyancing solicitor in Horsham even if I’m not purchasing or disposing of a house, for example if I intend to acquire a shop in Horsham with a mortgage from Yorkshire Building Society?
Our comparison service is mainly there to locate domestic conveyancing solicitors in Horsham but we have set out at the end of this page some Horsham commercial conveyancing firms. You should enquire with the solicitors directly to establish if they can also act for Yorkshire Building Society
My partner and I have arranged a further advance on our home loan from Principality as we wish to conduct a loft conversion to our home in Horsham. Do we need to appoint a bricks and mortar Horsham solicitor on the Principality conveyancing panel to handle the paperwork?
Principality do not ordinarily require a member of their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Principality panel.
The mortgage over my property is with Principality for my property in Horsham. Conveyancing has been completed 12 months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Principality?
Principality must be informed of your intention prior to letting out your property as this is likely to be a breach of Principality’s mortgage conditions. It may be that Principality will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. You need not do this via a Principality conveyancing panel lawyer.
Intending to buy a maisonette in Horsham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Co-operative conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Horsham property lawyer is on the Co-operative conveyancing panel.
We are downsizing from our home in Horsham and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the purchasers are using a nationwide conveyancing outfit rather than a conveyancing solicitor in Horsham. We have lived in Horsham for 4 years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
We're FTB’s - agreed a price, yet the selling agent told us that the vendor will only proceed if we appoint the agent's recommended conveyancers as they are insisting on a ‘quick sale’. We would rather use a family solicitor used to conveyancing in Horsham
We suspect that the seller is unaware of this requirement. If they desire ‘a quick sale', taking such a hostile approach to a genuine buyer is not the way to achieve this. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to go, with finances in place © you do not need to sell (d) you intend to proceed fast (e)but you intend to appoint your preferred Horsham conveyancing firm - as opposed tothe ones that will give the estate agent a introducer fee or achieve conveyancing figures demanded by senior management.
If all goes to plan we aim to complete our sale of a £125,000 garden flat in Horsham in just under a week. The freeholder has quoted £300 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Horsham?
Horsham conveyancing on leasehold apartments more often than not necessitates the purchaser’s lawyer sending enquiries for the landlord to address. Although the landlord is not legally bound to answer such questions most will be willing to do so. They may levy a reasonable administration fee for answering questions or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some transactions it is in excess of £800. The management information fee invoiced by the landlord must be sent together with a synopsis of entitlements and obligations in respect of administration charges, without which the invoice is not strictly payable. Reality however dictates that one has little option but to pay whatever is demanded should you wish to sell the property.
I am the registered owner of a 1st floor flat in Horsham, conveyancing having been completed 3 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Horsham with over 90 years remaining are worth £185,000. The ground rent is £65 per annum. The lease ends on 21st October 2084
With only 59 years remaining on your lease the likely cost is going to be between £20,900 and £24,200 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.