It is 10 years ago since I bought my home in Lindfield. Conveyancing solicitors have just been appointed on the sale but I can't find my title documents. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be with the mortgage company or they may still be with the conveyancers who oversaw your purchase. Secondly in most cases the land will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining current official copies of the land registers. Most conveyancing in Lindfield involves registered property but in the rare situation where your property is unregistered it adds to the complexity but is not insurmountable.
Me and my partner are buying a property in Lindfield. It might be a silly question but how we can trust a conveyancer? At some point we will need to send our life savings into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I'm the single beneficiary of my late mum's estate with all property in now in my sole name, including the house in Lindfield. Conveyancing formalities meant that the Land Registry date was in May. I plan to dispose of the house. I do know about the CML 6 month 'rule', which means that my property ownership may be treated the same way as if I'd bought the property in May. Is the property unsalable for six months?
The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. How practical a view banks take of it, depend on the mortgage company as this obligation is primarily there to identify the purchase and immediately sell or the quick reselling of properties.
Completion of my remortgage has taken place for my property in Lindfield. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
We are selling our home in Lindfield and according to the buyers it appears that there is a risk of it being constructed on contaminated land. A local lawyer would know this is not the case. For the life of me I don't know why the buyers instructed a national conveyancing practice rather than a conveyancing solicitor in Lindfield. Having lived in Lindfield for many years we know that this is a non issue. Do we contact our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You should enquire of 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)
I am purchasing a new build house in Lindfield with a mortgage from Leeds Building Society. The builders would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The sale representative told me not disclose to my lawyer about this deal as it could put at risk my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
We're novice buyers - agreed a price, but the property agent told us that the owners will only issue a contract if we appoint their chosen solicitors as they are insisting on an ‘expedited deal’. We would rather use a family solicitor with experience of conveyancing in Lindfield
It is unlikely the sellers are driving this. If they require ‘a quick sale', turning down a serious buyer is going to damage their objectives. Contact the vendors directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you are going to instruct your own,trusted Lindfield conveyancing lawyers - not the ones that will earn their negotiator at the agency a referral fee or meet his conveyancing figures set by HQ.
Last January I purchased a leasehold property in Lindfield. Do I have any liability for service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I own a ground floor flat in Lindfield, conveyancing having been completed in 2012. Can you work out an approximate cost of a lease extension? Comparable flats in Lindfield with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 per annum. The lease runs out on 21st October 2090
With just 64 years left to run we estimate the premium for your lease extension to be between £15,200 and £17,600 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.