I am expecting a mortgage with Halifax. I would like to employ the services of a Licensed Conveyancer in Seaton Sluice. Does the Halifax Conveyancing panel allow for Licensed Conveyancers?

The Halifax conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

I purchased my flat on 7 January and the transaction details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Seaton Sluice advises it will be concluded in a couple of weeks. Are titles in Seaton Sluice particularly slow to register?

There is nothing unique when it comes to conveyancing in Seaton Sluice registration formalities. As opposed to being determined by geographic area, timeframes can differ subject to the party submitting the application, whether it is in order and whether the Land registry must send notices to any 3rd persons or bodies. Currently in the region of 80% of submission are fully dealt with within 12 days but some can be subject to extensive hold-ups. Historically registration occurs once the buyer has moved in to the premises so an expedited registration is not always top priority yet if it is urgent that the the registration takes place urgently then you or your conveyancer must contact the land registry and explain the circumstances.

How does conveyancing in Seaton Sluice differ for newly converted properties?

Most buyers of new build or newly converted property in Seaton Sluice come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Seaton Sluice usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Seaton Sluice or who has acted in the same development.

My husband and I are novice buyers - agreed a price, but the selling agent informed us that the vendor will only go ahead if we appoint their chosen conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a local conveyancer used to conveyancing in Seaton Sluice

It is unlikely the sellers are driving this. If they want ‘a quick sale', turning down a motivated buyer is counter productive. Avoid the agents and go straight to the owners and make the point that (a)you are serious buyers (b)you are ready to go, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you intend to instruct your preferred Seaton Sluice conveyancing lawyers - not the ones that will earn their negotiator at the agency a introducer fee or meet his conveyancing figures set by corporate headquarters.

I am looking at a two maisonettes in Seaton Sluice which have in the region of fifty years unexpired on the leases. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Seaton Sluice. The lease is a right to use the property for a prescribed time frame. As a lease shortens the saleability of the lease reduces and results in it becoming more costly to extend the lease. For this reason it is advisable to extend the lease term. It is often difficult to sell a property with a short lease as mortgage companies may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you get professional assistance from a conveyancer and surveyor with experience in this arena.

Seaton Sluice Conveyancing for Leasehold Flats - A selection of Queries before buying

The prefered form of lease structure is if the freehold title is in the ownership of the leaseholders. In this arrangement the lessees enjoy being in charge if their destiny and even though a managing agent is often employed if the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. How is the lease structured? Best to be warned if window replacement or some other significant cost is anticipated that will be shared amongst the leaseholders and could well dramatically impact the level of the maintenance fees or require a one time payment.