Can your site be used to find a Conveyancing solicitor in Steyning even where I’m not purchasing or selling a house, for example if I wish to acquire an office in Steyning with a mortgage from Alliance & Leicester ?
Our search tool is predominantly used to help choose domestic conveyancing solicitors in Steyning but we have listed towards the end of this page some Steyning commercial conveyancing firms. You should make contact with the firm directly to establish if they can also act for Alliance & Leicester
When it comes to mortgage companies such as Skipton, do Steyning conveyancing practitioners face an annual charge to be on the list of approved solicitors?
We are unaware of any lender fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
I have a mortgage with Virgin Money for my property in Steyning. Conveyancing has been completed months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Virgin Money?
You must advise Virgin Money in advance of letting out your property as this is likely to be a breach of Virgin Money’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Virgin Money directly. It should not be necessary to do this via a Virgin Money conveyancing panel firm.
Having read lots of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Steyning solicitor - who is on the Clydesdale conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Clydesdale will need an independent valuation of the property. Your lawyer will not arrange this. Usually Clydesdale will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Steyning surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I bought my flat on 4 September and the transaction details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Steyning advises it should be concluded inside ten days. Are transfers in Steyning uniquely lengthy to register?
As far as conveyancing in Steyning registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timescales can vary according to the party submitting the application, whether there are errors and if the Land registry need to notify any 3rd persons or bodies. At present approximately three quarters of such applications are fully dealt with in less than three weeks but some can be subject to longer hold-ups. Registration occurs after the purchaser is living at the premises therefore an expedited registration is not typically primary concern but where it is urgent that the the registration takes place urgently then you or your lawyers could speak with the land registry and explain the circumstances.
How does conveyancing in Steyning differ for new build properties?
Most buyers of new build premises in Steyning come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Steyning typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Steyning or who has acted in the same development.
I am hoping to put an offer on a small detached house that appears to be perfect, at a great figure which is making it all the more appealing. I have since discovered that the title is leasehold as opposed to freehold. I would have thought that there are particular concerns buying a leasehold house in Steyning. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the risks of buying a leasehold house in Steyning ?
Most houses in Steyning are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can help the conveyancing process. it is apparent that you are purchasing in Steyning so you should seriously consider looking for a Steyning conveyancing solicitor and be sure that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. As 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 upkeep of the communal areas where the property is part of an estate. Your conveyancer should report to you on the legal implications.
I invested in buying a 1st floor flat in Steyning, conveyancing having been completed in 2003. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Steyning with a long lease are worth £181,000. The ground rent is £55 invoiced annually. The lease ceases on 21st October 2076
With only 51 years remaining on your lease we estimate the price of your lease extension to be between £30,400 and £35,200 plus legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. 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 without first getting professional advice.
We are in the midst of selling our flat in Steyning. Conveyancing solicitors are doing their job but we have been asked to pay an extortionate amount from the managing agents. So far we have issued a cheque for £237 for a leasehold management information and then another £134.40 for additional questions supplied by the purchaser's property lawyer.
Neither you or your conveyancer will have any impact over the extent of the fee for this information but the typical fee for the information for Steyning leasehold premises is £355. When it comes to Steyning conveyancing deals it is usual for the vendor to cover the charges. The landlord or their agents are not duty bound to answer these questions most will agree to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires capped charges for administrative tasks. Nor is there any legal time limit by which they are obliged to issue the information.