I am purchasing a property without a mortgage in Bexhill. I have been living for the last Seventeen years in Bexhill. Conveyancing searches are a lot of money. Given that I know the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then all but one or two of the Bexhill conveyancing searches are non-obligatory. Your solicitor will 'advise', perhaps strongly, that you should have searches done, but he has a professional duty to do this. Do take into account; if you are going to dispose of the house one day, it could be of relevance to your future buyer what the searches reveal. On occasion premises with apparent issues can still show up unfavourable search results. A competent conveyancing solicitor in Bexhill will be able to give you some practical advice in this regard.
I have been referred to a conveyancing solicitor in Bexhill. I I would like to check if they are accepted on the Clydesdale conveyancing panel. Could you or the lender confirm if they are on the panel?
You should call your solicitor and ask them if they are on the lender panel. Otherwise you should get in touch with Clydesdale who may be able to confirm.
How does conveyancing in Bexhill differ for new build properties?
Most buyers of new build residence in Bexhill contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Bexhill tend to buy the site, 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 property lawyers 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 Bexhill or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Bexhill is the location of the property. Can you shed any light on this issue?
Flying freeholds in Bexhill are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bexhill you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bexhill may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
As co-executor for the will of my uncle I am disposing of a house in Newport but reside in Bexhill. My lawyer (based 235 kilometers awayhas requested that I execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing lawyer in Bexhill who can witness and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are Bexhill based
I have just appointed agents to market my basement flat in Bexhill. Conveyancing has not commenced, however I have recently received a quarterly service charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is pay the maintenance contribution as usual because all ground rent and maintenance charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Leasehold Conveyancing in Bexhill - Sample of Questions you should ask Prior to Purchasing
Is there a share of the freehold? How long is the Lease? The answer will be useful as a) areas may cause problems in the block as the common areas may begin to deteriorate if services remain unpaid b) if the leasehold owners have a dispute with the running of the building you will want to know about it