Do the conveyancing lawyers that you recommend carry out auction conveyancing in Little Hampton?

We know of a few niche practitioners we can connect you with those who can conduct auction conveyancing. Little Hampton is just one of the many areas of in which our lawyers have offices.

Is there a reason why leasehold purchase conveyancing in Little Hampton costs more?

Little Hampton leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

Should my conveyancer be raising questions regarding flooding during the conveyancing in Little Hampton.

Flooding is a growing risk for lawyers dealing with homes in Little Hampton. There are those who purchase a house in Little Hampton, fully expectant that at some time, it may be flooded. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. Steps can be carried out during the course of a property purchase to forewarn the purchaser.

Conveyancers are not qualified to offer advice on flood risk, but there are a various checks that can be carried out by the purchaser or on a buyer’s behalf which can figure out the risks in Little Hampton. The standard completed inquiry forms sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) includes a usual question of the owner to find out if the property has historically flooded. If the premises has been flooded in past which is not notified by the owner, then a buyer may commence a compensation claim resulting from an inaccurate answer. The buyer’s conveyancers should also carry out an environmental search. This should reveal whether there is any known flood risk. If so, more detailed inquiries should be made.

I am buying a new build apartment in Little Hampton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Little Hampton

Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I have recently realised that I have Sixty One years remaining on my flat in Little Hampton. I am keen to get lease extension but my landlord is absent. What are my options?

On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to find the freeholder. For most situations a specialist would be useful to conduct investigations and prepare an expert document which can be used as evidence that the freeholder can not be located. It is wise to seek advice from a conveyancer both on proving the landlord’s disappearance and the vesting order request to the County Court overseeing Little Hampton.

I invested in buying a 2 bed flat in Little Hampton, conveyancing having been completed 3 years ago. Can you work out an approximate cost of a lease extension? Corresponding flats in Little Hampton with over 90 years remaining are worth £179,000. The ground rent is £65 yearly. The lease terminates on 21st October 2082

With 57 years remaining on your lease the likely cost is going to span between £26,600 and £30,800 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.