It is a dozen years since I acquired my property in Newhaven. Conveyancing lawyers have just been retained on the sale but I am unable to track down my deeds. Will this jeopardise the sale?
You need not be too concerned. First there is a possibility that the deeds will be with your lender or they may stored with the solicitor who oversaw your purchase. Secondly in most cases the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Almost all conveyancing in Newhaven relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
There are plenty of conveyancing solicitors in Newhaven but how do I know who I should use?
It would be unwise to be tempted by the cheapest Newhaven conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
A colleague advised me that in buying a property in Newhaven there may be various restrictions prohibiting external alterations to a property. Is this right?
There are anumerous of properties in Newhaven which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Newhaven should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have today made my last payment due on my mortgage with Santander. I assume I don't need a Newhaven solicitor on the Santander panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Santander mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Santander mortgage from the register. Santander, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Santander has sent the Land Registry the discharge electronically, and
- Santander has instructed the Land Registry to do so
Have purchased a a semi-detached house in Newhaven , What is the estimated time for the Land Registry to deal with the formalities evidencing my proprietorship? My Newhaven conveyancing solicitor has been painfully slow, so I want to be sure the land registry aspects are concluded.
There is nothing unique when it comes to conveyancing in Newhaven registration formalities. Rather than based on location, timeframes can differ subject to who lodges the application, whether it is in order and if the Land registry need to notify any third parties. Currently in the region of three quarters of submission are fully addressed within 12 days but occasionally there can be longer hold-ups. Historically registration occurs once the buyer is living at the premises therefore 'speed' is not usually primary concern yet where there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for an expedited registration.
What makes your site different to other online quote calculators for conveyancing in Newhaven?
At this site secure a fixed fee quote from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Newhaven. Unlike many estate agents and many comparison sites we do not have kick-back deals with solicitors. A large number of agents and online brokers 'recommend' the firm paying the most commission, not the best value conveyancing in Newhaven
I need to instruct a conveyancing solicitor for some conveyancing in Newhaven. I've chance upon a site which looks to be the ideal answer If there is a chance to get all the legals done via phone that would be preferable. Do I need to 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?
I've found a house that seems to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have just found out that the title is leasehold as opposed to freehold. I would have thought that there are issues buying a leasehold house in Newhaven. Conveyancing solicitors have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in Newhaven ?
The majority of houses in Newhaven are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. We note that you are buying in Newhaven in which case you should be shopping around for a Newhaven conveyancing solicitor and check that they are used to advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the freeholder’sconsent to conduct alterations. It may be necessary to pay a contribution towards the maintenance of the estate where the property is located on an estate. Your lawyer should report to you on the legal implications.
I invested in buying a leasehold flat in Newhaven, conveyancing formalities finalised 10 years ago. Can you please calculate a probable premium for a statutory lease extension? Similar properties in Newhaven with over 90 years remaining are worth £195,000. The ground rent is £45 charged once a year. The lease comes to an end on 21st October 2088
You have 63 years remaining on your lease the likely cost is going to span between £16,200 and £18,600 as well as costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.