A mortgage offer from Nationwide for the refinancing of my single room garden flat is coming by the end of next week. Are you able to suggest a low cost conveyancing practitioner in Rottingdean?

You are on the wrong site if you are in need of cut-price fees for conveyancing in Rottingdean. We can offer you cost effective conveyancing but we do not work with the cheapest lawyers. Avoid the trap of appointing companies enticing you with £99 conveyancing in Rottingdean. In your best case scenario, in deciding on low cost conveyancing, you will get your money’s worth and at worst you will end up invoiced for extras and still not receive the service expected.

Me and my wife are acquiring our first property. The solicitor has e-mailedto enquire if we wish to take out extra conveyancing searches. As novices we are clueless as to what's needed for conveyancing in Rottingdean

The extent of Rottingdean conveyancing searches depends primarily on the property, the location, the likelihood of any of these risks, your familiarity of the area and risks, your overall appetite to risk. What matters is that you adequately comprehend what information the searches could give you. You may then decide if you consider that you need that search. Should you be uncertain, ask the lawyer to guide you.

In what way does my ID and proof of funds have anything to do with my conveyancing in Rottingdean? Why is this being asked of me?

It is indeed that case that these requests have nothing to do with conveyancing in Rottingdean. Nowadays you will not be able to complete any conveyancing transaction if you have not providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence and a council tax bill. Please note that if you are supplying your driving licence as evidence of ID it must be both the paper section as well as the photo card part, one is not sufficient without the other.

Verification of the origin of monies is mandated under Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancing solicitor will need to retain this information on file. Your Rottingdean conveyancing solicitor will need to see evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask additional queries concerning the source of funds.

Have just purchased a probate house at auction in Rottingdean. Conveyancing is required. What happens now?

Now that you are exchanged you must appoint a conveyancing solicitor quickly as you now have a tight deadline in which to complete the purchase. An auction property should have a bespoke auction set of papers. This should include most,if not all of the documents that your lawyer will need. If you have purchased leasehold property the auction pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You should give this to the lawyer working for you at the earliest opportunity. You also need to ensure that that you have the requisite funding in order to complete on the on the contractual date .

Please help - my lawyer says that breach of easement insurance is necessary on my purchase. What is the level of cover for Rottingdean conveyancing?

The right level of breach of easement indemnity insurance should be dictated by who your lender. It would differ for example between Yorkshire Building Society and Skipton Building Society. Conveyancing practitioners as opposed to borrowers take out such insurances.

Planning on purchasing a maisonette in Rottingdean. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Clydesdale conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Rottingdean lawyer is on the Clydesdale conveyancing panel.

My wife and I purchased a leasehold house in Rottingdean. Conveyancing and TSB mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1997. The conveyancing practitioner in Rottingdean who acted for me is not around. Do I pay?

The first thing you should do is contact the Land Registry to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to instruct a Rottingdean conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Rottingdean Leasehold Conveyancing - Sample of Queries Prior to buying

Is there a share of the freehold? Many Rottingdean leasehold properties will be liable to pay a service bill for the upkeep of the block set on behalf of the management company. Should you purchase the apartment you will have to pay this liability, usually in instalments during the year. This may be anything from a couple of hundred pounds to thousands of pounds for buildings with lifts and large communal grounds. There will also be a rentcharge to be met yearly, this is usually not a significant sum, say around £25-£75 but you need to check it because occasionally it could be many hundreds of pounds. How much is the ground rent and service charge?