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Find a Lower Sunbury Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Lower Sunbury? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Lower Sunbury transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Lower Sunbury

My previous solicitor has sent a quote for £1400 for leasehold conveyancing in Lower Sunbury. I’m selling a modern property for £250,000. Are the quoted fees excessive? Is it above the norm for conveyancing in Lower Sunbury?

The quote is slightly on the expensive side. If you shop around you may be able to get the conveyancing a bit cheaper by say £125. On the other hand, you couldcome to rue choosing an an untested solicitor. Don't forget to be sure the firm can also act for your mortgage company. You can use our search tool to choose a Lower Sunbury conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Lower Sunbury.

We were just about to sign contracts for a freehold house in Lower Sunbury. We encountered a stumbling block. The loan offer with The Mortgage Works expires on 22/4/2025 but the sellers are putting forward a completion date of 24/4/2025. Is it possible to extend the loan offer?

The person best placed to address this question is your solicitors who will assess if they better off negotiating with the mortgage company, vendor’s lawyers, selling agents or indeed all parties given the circumstances your conveyancing as of today.

I got the keys to my apartment on 7 September and the transaction details is not yet registered. Any reason for this? My conveyancing solicitor in Lower Sunbury said it should be recorded in less than a month. Are properties in Lower Sunbury uniquely lengthy to register?

As far as conveyancing in Lower Sunbury is concerned, registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timescales can differ depending on the party submitting the application, whether it is in order and whether the Land registry need to notify any 3rd persons or bodies. At present roughly 80% of such applications are completed in less than three weeks but some can be subject to longer hold-ups. Registration is effected once the new owner is living at the property thus registration formalities is not usually an essential issue yet if there is a degree of urgency associated with the registration then you or your solicitor could communicate with the Registry to express the reasoning for the application to be prioritised.

I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Lower Sunbury is the location of the property. Can you shed any light on this issue?

Flying freeholds in Lower Sunbury are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lower Sunbury you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lower Sunbury may decide 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.

I inherited a ground-floor 1950’s flat in Lower Sunbury. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the sum due for a lease extension?

in cases where there is a absentee freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to arrive at the sum to be paid.

An example of a Lease Extension case for a Lower Sunbury residence is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case related to 1 flat. The unexpired residue of the current lease was 82.93 years.

Are there common defects that you see in leases for Lower Sunbury properties?

There is nothing unique about leasehold conveyancing in Lower Sunbury. Most leases are drafted differently and legal mistakes in the legal wording can result in certain provisions are missing. For example, if your lease is missing any of the following, it could be defective:

    Insurance obligations Maintenance charge proportions which don’t add up to the correct percentage

A defective lease can cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. National Westminster Bank, The Royal Bank of Scotland, and TSB all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the purchaser to withdraw.

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Find out more about how flying freehold can affect your the value of a property.