The West Sussex conveyancing firm handling our West Sussex conveyancing has identified a discrepancy between the surveyor’s assumptions in the home valuation report and what is revealed within the legal papers for the property. My solicitor says that he needs to check that the lender is OK with this discrepancy and is content to go ahead. Is my conveyancer’s course or action legitimate?
Your solicitor must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Having sold my house in West Sussex last January but our buyer keeps whats apping me to moan that their conveyancer is waiting to hear from myconveyancer. What should have happened following completion?
Post completion of your disposal your solicitor should deliver the transfer deeds and all additional paperwork to the purchaser's lawyers. If applicable, your conveyancer should also send confirmation that the mortgage has been repaid to the purchasers conveyancers. There are no post completion procedures just for conveyancing in West Sussex.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in West Sussex?
There are two types of lawyers who can execute conveyancing in West Sussex namely CLC regulated conveyancers or solicitors. Both professionals administer conveyancing services that you need to complete the disposal or purchase of property. Both are duty bound to perform West Sussex conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be properly administered and that the requisite procedures will be appropriately taken.
I happen to be the only recipient of my late father’s will and I have everything in my name now, including the my former home in West Sussex. Conveyancing formalities meant that the Land Registry date was in January. I plan to dispose of the house. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my proprietorship may be regarded the same way as though I had purchased the property in January. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. How practical a view mortgage companies take of it, depend on the lender as this provision primarily exists to pick up on the purchase and immediately sell or the flipping of properties.
The mortgage over my property is with HSBC for my property in West Sussex. Conveyancing has been completed 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform HSBC?
You must advise HSBC in advance of letting out your property as this is likely to be a breach of HSBC’s mortgage conditions. In many cases banks or building societies will allow you to rent 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 HSBC directly. It should not be necessary to do this via a HSBC conveyancing panel firm.
Should I go with a West Sussex conveyancing solicitor in close proximity to the house I am hoping to buy? We have a good friend who can deal with the legal work however his firm is located a couple of hundredkilometers drive away.
The primary upside of using a local West Sussex conveyancing practice is that you can visit the firm to sign paperwork, deliver your ID and apply pressure on them where appropriate. Having local West Sussex know how is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and they were happy that should outweigh using an unknown West Sussex conveyancing solicitor just because they are round the corner.
Can you offer any advice when it comes to choosing a West Sussex conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for lease extension works (regardless if they are a West Sussex conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with two or three firms including non West Sussex conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be helpful:
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Can they put you in touch with clients in West Sussex who can give a testimonial?
West Sussex Conveyancing for Leasehold Flats - A selection of Queries Prior to buying
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Are any of leasehold owners in arrears of their service charge payments? How much is the yearly maintenance fee and ground rent? What prohibitions are contained in the West Sussex Lease?
We are FTB’s just having agreed a price on a property in West Sussex, and need to get solicitors instructed. I have utilised the various rating tools and the fee estimates are from all across the England and Wales. Is it advisable to have a West Sussex solicitor local to your prospective house? We are fine to do all the communicating electronically, but I assume at some point we may be required to physically go into the conveyancer's office to sign contracts?
The lawyer does not have to be in West Sussex, but opting for local means that you have the option to go in if required, for instance, if a signature is needed urgently. In addition, a West Sussex solicitor have established relationships with local agents and (if the vendor has chosen a local conveyancer) with them, which will help keep things moving faster.