Much to our surprise we have been informed by our financial adviser that my Hove property lawyer is not on the mortgage company Solicitor panel. What can I do to be certain whether this is indeed the case?
The first thing you need to do is to call your Hove lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Hove. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 22/2/2025, the requirements read as follows :
I need some quick conveyancing in Hove as I am faced with a deadline to complete in less than one month. Thankfully I do not require a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
As you are not obtaining a mortgage you have the choice not to do searches although no conveyancer would suggest that you don't. With lots of history conveyancing in Hove the following are examples of issues that can crop up and therefore affect market value: Refused Planning Applications, Overdue Charges, Outstanding Grants, Railway Schemes,...
I have been on the look out for a ground for flat up to £195,000 and found one near me in Hove I like with amenity areas and railway links in the vicinity, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Hove in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you may ask them to start the process of the extension 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 speak to your conveyancing lawyer concerning this matter.
I am in need of some leasehold conveyancing in Hove. Before I get started I require certainty as to the remaining lease term.
If the lease is recorded at the land registry - and 99.9% are in Hove - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Hove Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing
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Plenty Hove leasehold apartments will be liable to pay a service bill for maintenance of the building set by the landlord. If you buy the flat you will have to meet this amount, usually in instalments accross the year. This may vary from a few hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a ground rent to be met annual, ordinarily this is not a significant amount, say around £50-£100 but you need to check as occasionally it can be many hundreds of pounds. Does the lease contain onerous restrictions? What is the service charge and ground rent on the property?
I am buying a ground floor apartment in Hove. Conveyancing lawyer has been awaiting, from the owner, building insurance paperwork. This afternoon I was informed that the vendor must send the insurance schedule for the flat above also. Why does my property lawyer want to check the insurance for the other flat? Is it strictly necessary? We have been in hold for the previous month…
It is not impossible in leasehold conveyancing in Hove to find Conveyancing in Hove in a minority of cases reveals that the lease obliges the tenant's to insure their individual flats rather than the landlord insuring the whole block - which is clearly better. You should contact your conveyancing practitioner but it would seem that your lawyer is looking to establish that the entire building is insured. Insuring your apartment is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed as a result of lack of insurance.