My wife and I have recently appointed a conveyancing solicitor in Horsham. I need to find out whether they are on the Virgin Money conveyancing panel. Can you advise?
You should call your lawyer and enquire whether they can act for the bank. Otherwise you can call Virgin Money who may be able to help.
Have just purchased a repossessed house at auction in Horsham. Conveyancing is needed. What is next?
Now that you are legally committed yourself to purchase you should retain a conveyancing lawyer as a matter of urgency as you are faced with a pending a fixed date to complete the transaction. All auction property should have a corresponding auction pack. This will likely include most,if not all of the documents that your conveyancer requires. If you have purchased leasehold premises the auction papers may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to leasehold premises. You need to hand this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that that you have the requisite funding in place to complete on the on the contractual date .
This question may be naive but I am unseasoned as FTB of a ground floor flat in Horsham. Do I collect the keys to the house on the completion date from my conveyancer? If this is the case, I will use a local conveyancing solicitor in Horsham?
On the day of completion you will not be required to go to the conveyancers office in Horsham. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s solicitors, and shortly after the monies have arrived, you will be called to collect the keys from the selling Agents and move into your new home. Usually this happens between 1 and 3pm.
I'm the only recipient of my late father’s estate and I have everything in my name now, including the my former home in Horsham. Conveyancing formalities meant that the Land Registry date was in November. I plan to dispose of the house. I understand that there is a Mortgage Lenders six month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the property in November. Will no one buy the property for half a year?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. Most lenders would take a sensible view as this clause is chiefly there to identify the purchase and immediately sell or the quick reselling of property.
I am selling our property in Horsham and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know this is not the case. It does beg the question why the purchasers instructed a web based conveyancing firm as opposed to a conveyancing solicitor in Horsham. We have lived in Horsham for three years we know of no issue. Is it a good idea to get in touch with our local Authority to obtain clarification need.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
My wife and I own a renovated Edwardian property in Horsham. Conveyancing lawyer acted for me and HSBC Bank. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the matching address. Is it worth asking HSBC Bank to clarify?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Horsham and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing lawyer who conducted the work.
As co-executor for the estate of my grandfather I am disposing of a house in Neath but live in Horsham. My conveyancer (who is 250 kilometers from meneeds me to execute a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Horsham to witness this legal document for me?
Technically speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are based in Horsham
I've recently bought a leasehold house in Horsham. Am I liable to pay service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I am the registered owner of a leasehold flat in Horsham, conveyancing formalities finalised 5 years ago. How much will my lease extension cost? Equivalent flats in Horsham with a long lease are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease comes to an end on 21st October 2091
With only 66 years unexpired we estimate the premium for your lease extension to span between £12,400 and £14,200 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. 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. You should not move forward placing reliance on this information before getting professional advice.