The solicitor who dealt with my former purchase has sent a quote for £1200 for leasehold conveyancing in Rustington. I’m looking to sell a Edwardian detached home for £225,000. This appears too much. Is it above what I should be paying for conveyancing in Rustington?
The charges are a little high. If you shop around you may be able to get the conveyancing a bit cheaper by as much as £125. On the other hand, you maylive to rue opting for an an unknown lawyer. If is important to check the solicitor can represent your lender. You can make use of our search tool to find a Rustington conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Rustington.
As a first time buyer what is the most important number one tip you can impart about purchase conveyancing in Rustington?
You may not hear this from too many lawyers but conveyancing in Rustington and elsewhere in West Sussex is an adversarial process. In other words, when it comes to conveyancing there is plenty of room for friction between you and other parties involved in the legal transfer of property. For instance, the seller, property agent and even potentially your bank. Choosing a lawyer for your conveyancing in Rustington an important selection as your conveyancer is your adviser, and is the ONE party in the legal process whose responsibility is to protect your best interests and to keep you safe.
Every so often a third party with a vested interest will try and persuade you that you should follow their advice. For instance, the estate agent may claim to be assisting by suggesting your solicitor is dragging his heels. Or your financial adviser may advise you to do something that is against your lawyers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
Does a directory service exist listing Aldermore panel solicitors in Rustington on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few banks make their panel listings visible online. If you are in need of a Rustington property lawyer on the Aldermore please make the most of our tool.
I am currently in the process of buying my council flat in Rustington. I have a mortgage offer with UBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
It is not clear whether my mortgage offer requires a lease extension. I have called into my local Rustington building society branch on numerous occasions and was told it wasn't a problem and they will lend. My Rustington conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
As long as the lawyer is on the mortgage company panel, they must follow the CML Handbook specifications for the lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am selling our home in Rustington and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers are using an online conveyancing firm rather than a conveyancing solicitor in Rustington. We have lived in Rustington for 4 years we know of no issue. Should we contact our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? 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 health insurance to cover that same ailment)
Over the last few months I have been searching for a flat up to £195,000 and found one near me in Rustington I like with a park and transport links in the vicinity, however it's only got 61 years on the lease. There is not much else in Rustington for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the shortness of the lease will be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
How does one remove a departed person's name from the title deeds for a house in Rustington?
Where a Rustington property is jointly owned and one of the proprietors dies, the name will not immediately be removed from the Land Registry title. It is not necessary to amend the title as in the event of a sale your conveyancer would just be required to evidence why the other proprietor is missing from the contract, normally this is in the form of the probate documents.
With a view to making the sale conveyancing simpler in the future you can arrange to have the deceased party removed from the title register by submitting an application to HM Land Registry with evidence of the death. There is no charge from the Registry for this service.