I plan on buying an apartment in Steyning. My property lawyer is not on the bank approved panel. Is it possible for me to use my Steyning conveyancing solicitor notwithstanding that they are excluded from the lender panel?
You will need to instruct a lawyer to complete the legal work required when you take out a mortgage to buy your property. They will conduct all the necessary investigations on the property, ensuring that you will be registered as proprietor and ensure that all the required mortgage documentation is in place. You can appoint a Steyning conveyancing practitioner of your choosing. However, where the solicitor appointed is not a member of the lender approved list additional charges will be levied as separate legal representation will be required by them. Conveyancing panel applications may be submitted, so where your lawyer has not previously sought membership they should take the opportunity to apply.
Do the conveyancing lawyers listed on your site handle right to buy conveyancing in Steyning?
We do have plenty of conveyancing lawyers carrying out right to buy conveyancing You should call us to get a costs illustration.
Can your site be used to find a Conveyancing solicitor in Steyning even where I’m not buying or disposing of a house, for example if I intend to buy a shop in Steyning with a loan from Alliance & Leicester ?
The service is mainly there to get a quote from domestic conveyancing solicitors in Steyning but we have set out at the bottom of this page some Steyning commercial conveyancing firms. You should make contact with the firm directly to check if they are also authorised to represent Alliance & Leicester
Due to the advice of my in-laws I had a survey completed on a property in Steyning in advance of instructing lawyers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some lenders may not give a loan on a flying freehold house.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Steyning. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Steyning to see if the conveyancing will be more expensive.
Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in Steyning?
At this site obtain a conveyancing quote via a Solicitor or Licensed Conveyancer that understands the nuances for your conveyancing in Steyning. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you appoint them for your home move in Steyning
Can you provide any advice for leasehold conveyancing in Steyning from the point of view of saving time on the sale process?
- Much of the frustration in leasehold conveyancing in Steyning can be avoided where you appoint lawyers the minute your agents start marketing the property and request that they start to collate the leasehold documentation which will be required by the buyers’ solicitors. If you have carried out any alterations to the residence would they have required Landlord’s consent? In particular have you installed wooden flooring? Most leases in Steyning state that internal structural changes or laying down wooden flooring require a licence issued by the Landlord approving such alterations. If you fail to have the consents to hand you should not contact the landlord without checking with your lawyer in advance. If you hold a share in a the Management Company, you should ensure that you hold the original share certificate. Organising a new share certificate can be a time consuming process and slows down many a Steyning conveyancing transaction. If a duplicate share is needed, you should approach the company officers or managing agents (if applicable) for this at the earliest opportunity. The majority of landlords or managing agents in Steyning charge for providing management packs for a leasehold home. You or your lawyers should enquire as to the actual amount of the charges. The management information sought as soon as you have a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most frequent reason for frustration in leasehold conveyancing in Steyning. A minority of Steyning leases require Licence to Assign from the landlord. If this is the case, you should place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. The bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers.
I invested in buying a basement flat in Steyning, 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? Similar flats in Steyning with an extended lease are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease terminates on 21st October 2079
You have 54 years left to run we estimate the price of your lease extension to range between £32,300 and £37,400 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.