My Conveyancer in Peacehaven is not on the HSBC Bank Conveyancing Panel. Can I still retain my family solicitor even though they are not on the HSBC Bank approved list?
The limited options open to you here include:
- Carry on with your preferred Peacehaven solicitors but HSBC Bank will need to use a lawyer on their list of acceptable firms. This will inevitably rack up the overall conveyancing charges as well as cause delays.
- Choose an alternative lawyer to to deal with the purchase, not forgetting to check they are Persuade your solicitor to use their best endeavours to join the HSBC Bank conveyancing panel
Are there restrictive covenants that are commonly identified as part of conveyancing in Peacehaven?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Peacehaven. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying my first flat in Peacehaven with the aid of help to buy. The sellers refused to budge the price so I negotiated 6k of extras instead. The property agent told me not inform my lawyer about the deal as it could jeopardize my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How simple is it to switch conveyancer as I have to choose one who is on the Barclays conveyancing list. I hired a local conveyancing solicitor in Peacehaven round the corner but the firm is not approved by Barclays
It would be our pleasure to assist you select a conveyancing solicitor in Peacehaven on the Barclays panel. Please note that the solicitors that we on the directory do not pay us a referral fee if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Peacehaven. In making use of the find a conveyancing solicitor tool on this website, you can contrast costs for conveyancing solicitors in Peacehaven and beyond.
Back In 2006, I bought a leasehold house in Peacehaven. Conveyancing and Nottingham Building Society mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Peacehaven who acted for me is not around. Any advice?
First contact HMLR to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Peacehaven conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I invested in buying a 1st floor flat in Peacehaven, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Peacehaven with an extended lease are worth £191,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease ceases on 21st October 2077
With just 53 years remaining on your lease we estimate the premium for your lease extension to span between £27,600 and £31,800 plus plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.
I have read on various online forums that before choosing a conveyancing firm they must be approved by your lender. I am a FTB but I have an AIP with Virgin Money and I already have a family conveyancing lawyer in Peacehaven lined up. Does Birmingham Midhshires require an approved conveyancer to be used? If so, where do I find that list for my conveyancing in Peacehaven?
You should use a solicitor that is on the Birmingham Midhshires panel. Just call your chosen Peacehaven conveyancing solicitor and ask if they are on the Birmingham Midhshires panel. If they are not approved you have numerous choices open to you here:
- Carry on with your preferred Peacehaven conveyancing practitioner but Birmingham Midhshires will no doubt appoint a property lawyer from their approved panel. This will result in additional charges together with probable interruption.
- Get a new solicitor to conduct the conveyancing, not forgetting to check that they are on the Birmingham Midhshires conveyancing panel.
- Convince your lawyer to do everything possible to get listed on the Birmingham Midhshires panel of solicitors.