I am under pressure from the owner of a property in Littlehampton to exchange within four weeks. What can I do to expedite matters?
In the event that the seller is applying a tight deadline for your conveyancing it is advisable to make sure that your lawyer is familiar with the area as they will have local relationships and knowledge. It is even conceivable that they could have conducted previoushouses in the same neighbourhood. Therefore consider using a Littlehampton conveyancing firm. In addition, ensure that the lawyer is on the lender panel. It is estimated that 18% of Littlehampton conveyancing transactions are suspended or derailed after discovering a buyer’s solicitor was not on their banks member panel. In many cases this discovery resulted in the buying process being frustrated by as much as three weeks. It is estimated that this issue impacts approximately one hundred thousand home moves every year. Almost all Littlehampton conveyancing firms can not act for certain mortgage companies so do check at the outset.
It is 10 years ago since I purchased my home in Littlehampton. Conveyancing solicitors have just been retained on the sale but I am unable to locate my title deeds. Is this a problem?
Don’t worry too much. Firstly there is a possibility that the deeds will be kept by the lender or they may stored with the conveyancers who handled your purchase. Secondly in all probability the title will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining current official copies of the land registers. Nearly all conveyancing in Littlehampton relates to registered property but in the rare situation where your home is unregistered it is more problematic but is not insurmountable.
The Littlehampton conveyancing lawyers that just started acting on my purchase in Littlehampton have suddenly shut down. I only went with them because I needed a solicitor on the Bank of Ireland conveyancing panel and my preferred Littlehampton lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What are my options?
If you have an estate agent involved then inform them straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Bank of Ireland conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.
What does a local search reveal about the property we're buying in Littlehampton?
Littlehampton conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations such as Onsearch The local search is essential in every Littlehampton conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your property. The search will reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
Is there anything unique about your site and alternative web based conveyancing solicitors for conveyancing in Littlehampton?
At this site secure a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Littlehampton. Unlike many estate agents and brokerage sites we do not charge firms a commission if you select them for your conveyancing in Littlehampton
I have just started marketing my 2 bed flat in Littlehampton. Conveyancing solicitors are to be appointed soon, however I have just received a yearly maintenance charge invoice – Do I pay up?
It best that you clear the maintenance contribution as usual given that all rents and maintenance payments should be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I inherited a basement flat in Littlehampton, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Littlehampton with a long lease are worth £176,000. The ground rent is £50 per annum. The lease ceases on 21st October 2105
You have 80 years unexpired we estimate the price of your lease extension to span between £8,600 and £9,800 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.