Me and my partner are soon to exchange on the purchase of a property in Pevensey but as a result of damage from a small fire at the property I have was able negotiate compensation from the current proprietors in the sum of six thousand pounds taking the form of a reduction in the price. I had intended this to be dealt with as part of amending the contract but Barclays will not agree to this. Why were they involved?
Your property lawyer that is on the Barclays approved list is duty bound to inform Barclays of any changes to the purchase price. If you prohibit your solicitor to disclose the price change to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new solicitor for your conveyancing in Pevensey.
When it comes to mortgage companies such as Skipton, do Pevensey solicitors face an annual charge to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
Can you point me to a directory of TSB panel conveyancers in Pevensey on the Council of Mortgage Lender’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lenders make their panel listings viewable online. Where you are looking for a Pevensey conveyancing practitioner on the TSB please use our facility.
I am selling my flat. I had a double glazing fitted in August 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Co-operative are being a right pain. The Pevensey solicitor who is on the Co-operative conveyancing panel is saying indemnity insurance will be fine but Co-operative are insisting on a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The solicitors who handled the conveyancing in Pevensey 5 years ago have long since closed. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your conveyancer should be aware exactly where to locate all the suitable paperwork so you can purchase or sell your property without any difficulty. Where duplicates can’t be located, your solicitor may be able to put in place insurance or indemnities protecting you against possible claims on the premises.
We're first time buyers - agreed a price, but the property agent has warned us that the seller will only issue a contract if we appoint the agent's recommended lawyers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a family conveyancer accustomed to conveyancing in Pevensey
We suspect that the seller is unaware of this demand. If they want ‘a quick sale', alienating a serious purchaser is counter productive. Bypass the agents and go straight to the owners and make sure they understand (a)you are genuine purchasers (b)you are ready to go, with finances in place © you are unencumbered (d) you wish to move quickly (e)but you intend to appoint your own,trusted Pevensey conveyancing solicitors - not the ones that will provide the negotiator at the agency a commission or hit his conveyancing figures pre-set by corporate headquarters.
Having had my offer accepted I require leasehold conveyancing in Pevensey. Before I set the wheels in motion I would like to find out the remaining lease term.
Assuming the lease is recorded at the land registry - and most are in Pevensey - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I bought a garden flat in Pevensey, conveyancing formalities finalised May 2008. Can you work out an approximate cost of a lease extension? Corresponding flats in Pevensey with a long lease are worth £190,000. The ground rent is £45 charged once a year. The lease ends on 21st October 2082
With 62 years left to run we estimate the price of your lease extension to range between £17,100 and £19,800 as well as professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs 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 taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.
I pay a maintenance contribution for my ground floor flat in Pevensey. Due to losing my job and personal issues I fell into arrears with payments. The managing agents agreed a settlement schedule but there is still in the region of £2000 left to be paid.
I am under pressure to sell and I am nervous that this could threaten to derail the sale if I have to pay off the arrears first. Do I have to settle before - is this achievable?
It would be wise to speak with the property lawyer handling your Pevensey conveyancing but one option may be to arrange for the outstanding amount to be passed to the buyers. The contractual price payable would be adjusted to reflect the amount of debt they assume. They would then discharge the fees once they are the owners.