Am I correct in assuming that the fact that my conveyancer in Newhaven is not identified on my bank's conveyancing panel that there is a problem with the standard of his conveyancing?
It would be unwise to jump to that conclusion. There are plenty of plausible explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Newhaven conveyancing practice and enquire why they are no longer on the approved list for your lender.
I own a freehold premises in Newhaven yet invoiced for rent, why is this and what is this?
It is rare for properties in Newhaven and has limited impact for conveyancing in Newhaven 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 creation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
I am due to move property in October. Will my conveyancing solicitor communicate with the removal company on the day of completion. On a separate note, can you suggest a removal company in Newhaven. Conveyancing firm was organised prior to coming across this website.
On the afternoon of completion you will need to collect the house keys from the estate agent but this can only occur once the vendors conveyancers inform the agent that the monies to complete are in and the keys can be released. After that you can tell the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal company but can assist you in finding a residential property solicitor in Newhaven or a lawyer that specialises in conveyancing in Newhaven.
When it comes to mortgage companies such as Kent Reliance, do Newhaven lawyers face a yearly amount to be on the conveyancing panel?
We are unaware of any mortgage company fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
Can I be sure that the Newhaven conveyancing solicitor on the Clydesdale panel is any good?
When it comes to conveyancing in Newhaven getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer handling your transaction.
I am purchasing a property and the solicitor has referenced Chancel Repair to which the property could be obligated to contribute to because it falls into the area of such a church. He has suggested insurance. Is this really warranted for conveyancing in Newhaven
Unless a prior purchase of the premises took place post 12 October 2013 you may expect lawyers delivering conveyancing in Newhaven to continue to advocate a chancel search and or insurance against a claim.
I am buying a new build apartment in Newhaven. Conveyancing is daunting 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 enquiries that you may expect your new-build leasehold conveyancing in Newhaven
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I have been on the look out for a flat up to £305k and identified one round the corner in Newhaven I like with amenity areas and transport links in the vicinity, the downside is that it only has 61 years unexpired on the lease. There is not much else in Newhaven suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan the remaining unexpired lease term may be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.