We opted for a East Sussex based lawyer for my conveyancing in East Sussex today. Looking through the Terms it is apparent thatwe are on the hook for fees even if our purchase aborts. Would I be best advised to choose an on-line firm advertising no move no charge conveyancing in East Sussex?
Generally there is a concession along the lines that if "No Completion No Fee" is advertised then the conveyancing charges will generally be more expensive to cover those cases that abort. Do bear in mind that such schemes rarely cover outlay for instance East Sussex conveyancing search costs.
All was ready to complete my purchase in East Sussex next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the mortgage company. What risks does the bank expect the insurance to cover?
All property lawyers on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 requirements. These requirements are not specific to conveyancing in East Sussex.
Completed the sale of my flat in East Sussex last December yet the purchaser is SMS messaging daily to say her solicitor is waiting to hear from mylawyer. What are the post completion sale formalities now that I have sold?
Following your house sale your lawyer is obliged to forward the transfer documentation and all additional paperwork to the buyer’s lawyers. Where relevant, your lawyer must also send confirmation that the mortgage has been redeemed to the purchasers lawyers. There are no post completion tasks specific conveyancing in East Sussex.
Despite weeks of looking the Title Certificate and documents to our property are lost. The lawyers who handled the conveyancing in East Sussex 10 years ago are no longer around. What do I do?
Gone are the days when you need to hold title original deeds to prove you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one near me in East Sussex I like with amenity areas and station nearby, however it only has 51 years on the lease. I can't really find anything else in East Sussex in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you need a home loan the shortness of the lease will be a potential deal breaker. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.