Is there a reason why leasehold purchase conveyancing in Rustington is more expensive?
The conveyancing fees on a leasehold premises in Rustington is frequently greater as compared to a freehold transaction. This is because there is an amount of extra investigations required in communicating with the freeholder and managing agents to obtain evidence concerning whether the rent and maintenance charges have been cleared and whether there are any major works due in the near future on repairs or maintenance of the block.
I am about to put a bid on a leasehold apartment in Rustington. The estate agents tell me that it is the norm for flats in Rustington to have less than 75 years unexpired on the lease. I am getting a mortgage with Virgin. Is this going to be acceptable if the lease has 69 years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 10/3/2026 the requirements read as follows :
Various online forums that I have come across warn that are a common reason for stalling in Rustington house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Rustington.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a quick, chain free conveyancing. Rustington is the location of the property. Is there any guidance you can impart?
Flying freeholds in Rustington are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rustington you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rustington may determine 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 property.
What tools are available to search for a Rustington law firm on the Yorkshire Building Society conveyancing panel? I am a keen cyclist and am happy to travel upto 25kilometers to meet the solicitor.
Feel free to make use of the tool on this website. Please select a bank and your location and you will see a number of Rustington conveyancing lawyers locally. We have listed some Rustington conveyancing firms at the bottom of this page and you can contact them to see whether they are on the Yorkshire Building Society panel
We're new to the buying process - had an offer accepted, yet the estate agent advised that the seller will only issue a contract if we instruct the agent's chosen conveyancers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Rustington
We suspect that the seller is not behind this demand. If they require ‘a quick sale', taking such a hostile approach to a motivated buyer is is going to put the whole deal at risk. Speak to the owners direct and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you are going to instruct your own,trusted Rustington conveyancing solicitors - rather thanthe ones that will give their estate agent a kickback or achieve conveyancing thresholds set by head office.