Can I use your services to recommend a Conveyancing solicitor in Shoreham By Sea even where I’m not buying or selling a house, for example if I want to acquire a shop in Shoreham By Sea with a mortgage from Barnsley Building Society?
Our comparison service is mainly utilised to get a quote from residential conveyancing solicitors in Shoreham By Sea but we have set out at the end of this page a selection of Shoreham By Sea commercial conveyancing firms. You should speak with the firm directly to check if they are also authorised to represent Barnsley Building Society
We are buying a flat in Shoreham By Sea. I might seem paranoid but how we can trust a lawyer? On completion day we have to deposit money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am aiming to move house in December. Will my conveyancing solicitor communicate with the removal company on the day of completion. Incidentally, can you recommend a removal company in Shoreham By Sea. Conveyancing firm was found prior to coming across this site.
On the day of completion you can pick up the keys from the estate agent but this should only occur after the sellers lawyers advise the agent that they acknowledge receipt of the completion payment and the keys can be handed over. You can inform the removal men that you are ready to move in. As a matter of policy we do not recommend a specific removal company but can help you locate a conveyancing in Shoreham By Sea or a lawyer that specialises in conveyancing in Shoreham By Sea.
I am buying a property in Shoreham By Sea. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Coventry BS be concerned?
Given that your lender is Coventry BS your lawyer must check the conveyancing instructions contained in Section 2 of UK Finance Lenders’ Handbook for Coventry BS. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Coventry BS where a lease does not comply with these conditions. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Shoreham By Sea.
It has been four months since my purchase conveyancing in Shoreham By Sea concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. 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 property 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.
Due to the guidance of my in-laws I had a survey completed on a house in Shoreham By Sea before retaining conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders tend refuse to give a mortgage on a flying freehold property.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Halifax. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Shoreham By Sea. Conveyancing will be smoother if you use a solicitor in Shoreham By Sea especially if they regularly deal with such properties in Shoreham By Sea.
How difficult is it to switch conveyancer as I need to select one who is on the Coventry Building Society conveyancing panel. I hired a high street conveyancing solicitor in Shoreham By Sea round the corner but he is not approved by Coventry Building Society
It would be our pleasure to assist you select a conveyancing solicitor in Shoreham By Sea on the Coventry Building Society panel. Please note that the law firms that we list do not pay us a referral fee if you instruct them and are under regulation of the Solicitors Regulation Authority who regulate all conveyancing solicitors in Shoreham By Sea. In making use of search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Shoreham By Sea.
I work for a busy estate agent office in Shoreham By Sea where we have witnessed a number of leasehold sales derailed due to leases having less than 80 years remaining. I have been given inconsistent advice from local Shoreham By Sea conveyancing solicitors. Could you clarify whether the owner of a flat can initiate the lease extension process for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Shoreham By Sea Conveyancing for Leasehold Flats - A selection of Queries before buying
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Please note that where the lease has fewer than 80 years it will impact the value of the flat. It is worth checking with your lender that they are willing to go ahead with the loan given the lease term. A short lease means that you will most likely have to extend the lease at some point and you need to have some idea of what this will be. For most Shoreham By Sealease extensions you would be be obliged to have owned the property for a couple of years before you are legally able to carry out a lease extension. How is the lease structured? How much is the ground rent and service charge?