Find a Lender-Approved Local Conveyancer in Mayfield

Ready to buy a new home? Find a law firm approved by your lender.

Our lawyers are committed to delivering the best property conveyancing to Mayfield vendors and purchasers

Reasons to use our Mayfield conveyancing solicitors

  • 1 Using a high street Solicitor on the whole results in a more personalised service. Online forums often suggest that in using a an online conveyancing factory, your conveyancing is handled by a team of people who check what is happening on the file by reading from their computer screens.
  • 2 Mayfield solicitors have a crucial advantage when it comes to Mayfield conveyancing as they have important local knowledge of local authority requirements, planning policies and other matters that can affect your home move
  • 3 Mayfield solicitors work in partnership with Mayfield estate agents, developers, surveyors, lenders and other professionals to make sure that a quality service is offered to buyers and sellers every step of the way, helping make the process as straightforward as possible
  • 4 Firms that specialise in conveyancing in Mayfield have a grasp oflocal issues peculiar to Mayfield and therefore you may benefit from better advice and faster conveyancing.
  • 5 Regardless alternative companies inform you it may be necessary to attend your lawyer to execute documents. There are various parties with with an interest in a conveyancing transaction without needing to include the postman into the mix.

Examples of recent conveyancing in Mayfield since October 2020*

Recently asked questions about conveyancing in Mayfield

Me and my partner are buying our first property. Our conveyancing practitioner has contact usto see if we wish to purchase additional conveyancing searches. We are really unsure what's relevant for conveyancing in Mayfield

The scope of Mayfield conveyancing searches should be triggered based primarily on the property, the location, the possibility of any of these risks, your familiarity of the region and risks, your general approach to risk. What matters is that you adequately understand what information each search could provide. Then you can decide if you personally think you need that search. If unclear, ask your solicitor to guide you.

I have just over seventy years unexpired on my lease and need a lease extension for my apartment in Mayfield. Conveyancing solicitors on the The Mortgage Works panel can deal with such extensions right?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 8/1/2021 the requirements read as follows :

Minimum unexpired lease term is 70 years with 30 years remaining at the end of the mortgage term.
Where the unexpired lease term is different to that recorded on the mortgage offer, the following clarifies if we need to be informed:

Second hand property:
- If the unexpired lease term on the offer is 85 years or more - only advise us if the actual lease term is less than 85 years
- if the unexpired lease term on the offer is less than 85 years – advise us if the actual lease term is different than reported
- For equity share applications - advise us if the actual lease term is different than reported on the offer

New build property:
- If the unexpired lease term stated on the offer is 125 years (flat) / 250 years (house) or more - only advise us if the actual lease term is less than 125 years (flat) / 250 years (house)
- For equity share applications - always advise us if the actual lease term is different than reported on the offer

Lease terms such as ground rent and event fees must be reasonable at all times during the term of the lease and adhere to our requirements below. If you’re unsure as to whether the terms of a lease are unreasonable or onerous, please refer the details to us in plain English for Valuer consideration. If the potentially onerous terms are in relation to the ground rent please include the current ground rent figure per annum, how often it will be reviewed and the price structure it will be reviewed against. See the guidance below.

SECOND HAND PROPERTIES

Unacceptable - advise Originations (Will be declined):
- Unexpired lease term less than 70 years
- Less than 30 years remaining at the end of the mortgage term
- Ground Rent greater than 0.5% of the property value
- Ground Rent doubles less than every 20 years (e.g. doubles every 5, 10 or 15 years) - acceptable if doubles every 20 years or more
- Ground Rent is compounded RPI
- Ground Rent review period less than or equal to 5 years

Refer to Originations (Valuer will consider any impact on valuation figure and marketability):
- Unexpired lease term is 70 to 85 years
- Ground Rent greater than 0.1% and less than or equal to 0.5% of the property value
- Ground Rent escalation is linked to any indices greater than RPI
- Ground Rent escalation is linked to the value of the building*
- Ground Rent review period is greater than 5 and less than 10 years
- Event clauses exist for normal use e.g. changing the carpet, installing a TV aerial etc
- Estate Rent Charges greater than £500 p/a (please provide details of what the charges cover)
- Service Charges greater than 0.5% of property value p/a (please provide details of what the charges cover)
- Anything that appears onerous, unusual or out of the ordinary

Acceptable (no requirement to advise Originations):
- Unexpired lease term greater than 85 years
- Ground Rent less than or equal to 0.1% of the property value
- Ground Rent review period greater than or equal to 10 years
- Ground Rent escalation less than or equal to RPI

NEW BUILD PROPERTIES (includes office conversions)

Unacceptable - advise Originations (Will be declined):
- Unexpired lease term less than 125 years on a new build flat or less than 250 years on a new build house
- Starting Ground Rent greater than 0.1% of the property value
- Ground Rent review period less than or equal to 5 years
- Ground Rent doubles less than every 20 years (e.g. doubles every 5, 10 or 15 years) - acceptable if doubles every 20 years or more
- Ground Rent is compounded RPI

Refer to Originations (Valuer will consider any impact on valuation figure and marketability):
- Ground Rent is linked to any indices greater than RPI
- Ground Rent is linked to the value of the building*
- Event clauses exist for normal use e.g. changing the carpet, installing a TV aerial etc
- Estate Rent Charges greater than £500 p/a (please provide details of what the charges cover)
- Service Charges greater than 0.5% of property value p/a (please provide details of what the charges cover)
- Anything else appears onerous, unusual or out of the ordinary

Acceptable (no requirement to advise Originations):
- Unexpired lease term greater than or equal to 125 years on a new build flat or greater than or equal to 250 years on a new build house
- Starting Ground Rent less than or equal to 0.1% of the property value
- Ground Rent review period greater than 5 years
- Ground Rent escalation less than or equal to RPI

* Where the Ground Rent escalation is linked to the value of the building, please provide the following:
- How is the value of the block/unit currently calculated and if the assessment relates to the block(s), how is the Ground Rent calculated/apportioned per property?
- The current valuation and Ground Rent for each unit
- What is the mechanism for future valuations of the block and how is the Ground Rent calculated/apportioned?
- What is the right of appeal? And is this a documented process within the lease?
- Who bears the cost of the valuation (and appeal) process?
- Confirmation the review period is not less than twenty years

My relative advised me that if I am buying in Mayfield I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is occasionally included in the estimate for your Mayfield conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Mayfield around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Mayfield Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information about Mayfield.

How does conveyancing in Mayfield differ for newly converted properties?

Most buyers of new build premises in Mayfield contact us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Mayfield tend to buy the real estate, 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 Mayfield or who has acted in the same development.

I have been advised by numerous selling agents in Mayfield to select a conveyancer on your site. What’s the financial upside for Estate Agents to offer your site rather than a competitor’s?

We refuse to offer any commission for sending work our way. We found it would be just too difficult a fee as home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

My husband and I are new to the buying process - had an offer accepted, but the estate agent informed us that the owners will only proceed if we instruct the agent's preferred conveyancers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a family solicitor used to conveyancing in Mayfield

It is highly unlikely the vendors are behind this. Should the vendor want ‘a quick sale', turning down a serious purchaser is not the way to achieve this. Contact the owners directly and make sure they comprehend that (a)you are motivated buyers (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)but you are going to use your preferred Mayfield conveyancing firm - not the ones that will provide the estate agent a kickback or hit his conveyancing thresholds pre-set by HQ.

Last updated

Sample of conveyancing solicitors in Mayfield regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Mayfield but also conveyancing throughout England and Wales.

  • H & R Hughes Solicitors Llp, 27a High Street, Heathfield, East Sussex, TN21 8JR
  • Whittingdales, Monkhurst House, Sandy Cross, Heathfield, East Sussex, TN21 8QR
  • Donaldson West Llp, Croham House, Croham Road, Crowborough, East Sussex, TN6 2RW
  • Gladstones, 2 The Broadway, Crowborough, East Sussex, TN6 1DF
  • G A Waite Solicitor, Holly Tree House, Old Lane, St. Johns, Crowborough, East Sussex, TN6 1RX

Residential Landlord and Tenant Conveyancing solicitors in Mayfield

The list below is a non-comprehensive list of solicitors in Mayfield practicing in landlord and tenant law and on the regulations governing different types of tenancies. This should include advice on Terms and conditions of tenancy agreements

  • Kdl Law, The Old Press, Streatfield Road, Heathfield, East Sussex, TN21 8LA
  • Donaldson West Llp, Croham House, Croham Road, Crowborough, East Sussex, TN6 2RW
  • G A Waite Solicitor, Holly Tree House, Old Lane, St. Johns, Crowborough, East Sussex, TN6 1RX

Residential Licensed Conveyancers in Mayfield regulated by the Council of Licensed Conveyancers

Please be aware that the listed conveyancers do not limit their work for conveyancing in Mayfield but also conveyancing throughout England and Wales.
  • Richardson Property Lawyers Limited, PO Box 220, TN21 1DJ
  • Bailey & Co, 39a High Street, TN21 8HU

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.