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Rye Conveyancing Statistics*

  • 1 84% freehold and 16% leasehold conveyancing in Rye for this year to date
  • 2 Average Stamp Duty Payable for this year to date was £15,296
  • 3 Average Land Registry Fee for this year to date was £540
  • 4 Average time frame of 33 days for registration of title in Rye
  • 5 Percentage of cases in Rye that are buy to let is 4%

Examples of recent conveyancing in Rye since April 2024*

Recently asked questions about conveyancing in Rye

I am hoping to receive a mortgage with Lloyds. My intention is to enlist the help of a Licensed Conveyancer in Rye. Does the Lloyds Conveyancing panel exclude conveyancers regulated by the CLC?

The Lloyds conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.

Me and my partner are purchasing our first house. Our lawyer has messagedto check if we wish to order extra conveyancing searches. As novices we in the dark as to what's relevant for conveyancing in Rye

The type of Rye conveyancing searches depends primarily on the property, the location, the likelihood of any of these risks, your familiarity of the region and risks, your overall approach to risk. What matters is that you properly understand what information the searches could supply. You may then make a decision if you personally think you need that search. Where you are unclear, ask your conveyancing practitioner to provide guidance.

We are close to exchanging contracts on the sale of our home in Rye and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using an online conveyancing outfit rather than a conveyancing solicitor in Rye. Having lived in Rye for three years we know of no issue. Should we get in touch with our local Authority to seek clarification that there is no issue.

It would appear that you have a conveyancing solicitor already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)

4 months have elapsed since my purchase conveyancing in Rye concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Am I best advised to appoint a Rye conveyancing solicitor who is local to the property I am purchasing? An old friend can handle the conveyancing but they are based 300kilometers away.

The benefit of a high street Rye conveyancing practice is that you can attend the office to execute paperwork, deliver your ID and pester them if necessary. Having local Rye know how is a plus. That being said nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and they were content that must trump using an unknown Rye conveyancing lawyer just because they are round the corner.

If all goes to plan we aim to complete the disposal of our £125,000 garden flat in Rye next week. The freeholder has quoted £372 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Rye?

Rye conveyancing on leasehold apartments usually necessitates the buyer’s solicitor submitting questions for the landlord to answer. Although the landlord is not legally bound to address such questions the majority will be willing to assist. They are at liberty to invoice a reasonable charge for answering questions or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is £350, in some situations it is above £800. The management information fee demanded by the landlord must be accompanied by a summary of rights and obligations in relation to administration fees, without which the charge is technically not due. Reality however dictates that you have no choice but to pay whatever is demanded if you want to exchange contracts with the buyer.

I bought a garden flat in Rye, conveyancing formalities finalised December 1997. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Rye with over 90 years remaining are worth £260,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease runs out on 21st October 2099

You have 75 years remaining on your lease we estimate the premium for your lease extension to be between £8,600 and £9,800 plus costs.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.

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What to expect from a Licensed Conveyancer for conveyancing in Rye?

Licensed Conveyancers deal with the transfer of the legal title of a property from one person to another and cover conveyancing countrywide as well as Rye. When appointed a Licensed Conveyancer governed by the CLC, you should:
  • Receive an honest and lawful conveyancing.
  • Be supplied with a high standard of legal services.
  • Have your transaction dealt with using care, skill and legal competence.
  • Receive a high quality of service due to your conveyancer’s arrangements, resources, procedures, skills and commitment.
  • Be provided with a service which is accessible and responsive to your individual needs.
  • Not feel discriminated against, victimised or harassed.
  • Not receive a service which is below the level you could expect, however, if you do your lawyer accepts responsibility for this and provides you with any appropriate redress.
  • Have your individual needs taken into account should a complaint be made.
  • Be supplied with a speedy, impartial and comprehensive service when if a complaint is registered about your conveyancing in Rye.

Conveyancing in Rye is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process.

  • Taking instructions from parties involved
  • Investigating the title to the property
  • Preparing contract and associated documents
  • Supplying draft papers to the conveyancing practitioner representing the buyer
  • Finalising the wording for contracts and answering further questions from the buyer’s conveyancing practitioner
  • Finalising the transfer document
  • Replying to requisitions prepared by the purchaser’s conveyancing practitioner
  • Carrying out the key stage of exchanging contracts and then preparing for completion
  • Receiving sale proceeds and transferring funds to the seller, the estate agent and paying off the home loan (if relevant)

Transfer of Equity conveyancing in Rye is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process:

  • Taking instructions from the appropriate parties
  • Collating the documents evidencing the title to the property
  • Following instructions from the mortgage company (if relevant)
  • Agreeing the terms of the transaction
  • Preparing the Transfer or approving draft Transfer
  • Agreeing amendments to the the Transfer deed
  • Corresponding with parties concerning the Transfer
  • Agreeing and preparing for completion
  • Receiving and releasing monies to the appropriate parties
  • Completing and submitting to HMRC the appropriate Land Tax forms and payment
  • Dealing with the registration formalities for the change in proprietorship and the home loan (if relevant) at the HMLR.

Neighboring Locations

Tenterden
Kingsnorth
Romney
Rye
Hastings
Winchelsea

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.