Me and my husband are buying a ground floor flat in Cowfold. My Conveyancer is not on the lender conveyancing list. Can I still appoint my Cowfold conveyancing solicitor even though they are excluded from the lender panel?
You must appoint a solicitor to deal with the formalities if you take out a mortgage to purchase your home. They will conduct all the essential legal checks on the property, make sure that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is dealt with. You could select a Cowfold conveyancing practitioner of your choice. However, if the conveyancer selected is not on the mortgage company solicitor panel further charges will arise as separate legal representation will be need by the mortgage company. Lender panel applications may be submitted, so where your lawyer has not historically applied for membership they should take the opportunity to apply.
We were just about to sign contracts for a freehold house in Cowfold. We encountered a stumbling block. The mortgage offer with Accord Mortgages Ltd runs out on 19/1/2026 but the owners are putting forward a completion date of 21/1/2026. Is it possible to prolong the mortgage offer?
The person best placed to address this issue is your lawyer who should calculate whether he or she is corresponding with the mortgage broker, vendor’s solicitors, selling agents or indeed all three based on the circumstances your house move to date.
I purchased a freehold premises in Cowfold yet pay rent, why is this and what is this?
It’s unusual for properties in Cowfold and has limited impact for conveyancing in Cowfold but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
Just had an offer accepted on a new build flat in Cowfold. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Cowfold
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Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I opted to have a survey carried out on a property in Cowfold before appointing lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some lenders may refuse to issue a mortgage on this type of home.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Cowfold. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cowfold to see if the conveyancing costs will increase in light of this.
Given that I will soon spend 450k on 3 bedroom house in Cowfold I would like to talk to a conveyancer concerning thetransaction ahead of instructing the firm. Is this something that you can arrange?
We could not agree more - we would be delighted to talk to you we do not take any clients on without you speaking to the conveyancer due to be carrying out your conveyancing in Cowfold.There is no ‘factory style conveyancing’ - every client is unique person, not a file reference. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Cowfold should be the figure that you are charged.