We are buying a flat and need a conveyancing solicitor in Pevensey who is on the Aldermore conveyancing panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Pevensey.
I have 7378 less than 75 years unexpired on my lease and require a lease extension for my flat in Pevensey. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions correct?
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. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 7/8/2025 the requirements read as follows :
Have completed on a a terraced house in Pevensey , how long should it take for the Land Registry to record my title? My Pevensey conveyancing solicitor works at snail pace, so I want to be certain that my purchase is recorded.
As far as conveyancing in Pevensey registration is no quicker or slower than the rest of the country. Rather than based on location, timeframes can vary according to the party submitting the application, whether there are errors and whether the Land registry need to notify any interested parties. At present in the region of three quarters of such applications are fully addressed within two weeks but some can be subject to extensive delays. Historically registration is effected after the purchaser is living at the premises so registration formalities is not usually an essential issue but where it is urgent that the the registration takes place urgently then you or your conveyancer should contact the land registry and explain the circumstances.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Pevensey is where the house is located. Is there any advice you can give?
Flying freeholds in Pevensey are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Pevensey you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Pevensey may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am looking at a couple of maisonettes in Pevensey both have in the region of 50 years left on the leases. Will this present a problem?
There is no doubt about it. A leasehold flat in Pevensey is a deteriorating asset as a result of the reducing lease term. The closer the lease gets to zero years unexpired, the more it adversely affects the marketability of the property. The majority of buyers and banks, leases with less than eighty years become less and less marketable. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Pevensey conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
I invested in buying a ground floor flat in Pevensey, conveyancing formalities finalised half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable properties in Pevensey with an extended lease are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease runs out on 21st October 2091
You have 66 years left to run we estimate the price of your lease extension to range between £12,400 and £14,200 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.
What type of premises does your Pevensey conveyancing estimates apply to?
Our conveyancing quotes are only applicable to standard residential property in England & Wales. Where you have any different requirements such as industrial or agricultural property or commercial conveyancing in Pevensey you should telephone us to discuss your requirements .