My bid for a property was accepted at auction in Lewes. Conveyancing is needed. What happens now?
Given that you are now exchanged you must appoint a conveyancing practitioner quickly as you will have a pending deadline in which to complete the conveyancing. All auction property will have a corresponding auction set of papers. This should include evidence of title and search results. In the case of leasehold property the auction papers should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You must give this to your appointed conveyancing solicitor ASAP. Do make sure that you have funds organised to complete on the date specified in the contract.
My uncle advised me that in purchasing a property in Lewes there may be a number of restrictions affecting the ability to carry out external alterations to a property. Is this right?
We are aware of anumerous of properties in Lewes which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Lewes should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
is it true that all Lewes conveyancing solicitors on the Clydesdale conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Clydesdale conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of mortgage companies do list licenced conveyancers on their panel in which case such practice would be regulated by the Council of Licensed Conveyancers.
We are buying a property and the lawyer has referenced Chancel Repair to which the house may be obligated to pay because it falls into the area of such a church. He has recommended insurance. Is this strictly appropriate for conveyancing in Lewes
Unless a previous purchase of the premises took place post 12 October 2013 you can assume that lawyers conducting conveyancing in Lewes to remain encouraging a chancel search and or insurance against a claim.
I used Wolstenholmes several years ago for my conveyancing in Lewes. I now require my file however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Lewes of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a ground for flat up to £235,500 and found one near me in Lewes I like with open areas and railway links in the vicinity, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Lewes in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan the shortness of the lease will likely be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Lewes. I've chance upon a web site which appears to be the ideal answer If it is possible to get all formalities done via email that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Our conveyancer has advised that he intends to complete and exchange simultaneously on the disposal of our £125,000 flat in Lewes in just under a week. The management company has quoted £420 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Lewes?
For most leasehold sales in Lewes conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Addressing pre-contract questions
Where consent is required before sale in Lewes
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I acquired a ground floor flat in Lewes, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Lewes with an extended lease are worth £211,000. The ground rent is £45 per annum. The lease comes to an end on 21st October 2092
You have 68 years remaining on your lease we estimate the premium for your lease extension to be between £9,500 and £11,000 plus professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.