Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in West Dean. My lender is Accord Mortgages

Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 10/12/2024, the requirements read as follows :

I have justbecome aware that Stirling Law have been shut down. They carried out my conveyancing in West Dean for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is in my name in the name of the previous owner?

The easiest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of West Dean conveyancing specialists.

My father has recommend that I appoint his conveyancers in West Dean. Should I use them?

There are no two ways about it the ideal way to find a conveyancing lawyer is to have feedback from friends or family who have experience in using the conveyancer that you are considering.

I work for a reputable estate agent office in West Dean where we have experienced a few leasehold sales jeopardised as a result of leases having less than 80 years remaining. I have received inconsistent advice from local West Dean conveyancing solicitors. Could you clarify whether the vendor of a flat can commence the lease extension process for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I am the registered owner of a leasehold flat in West Dean, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in West Dean with a long lease are worth £190,000. The average or mid-range amount of ground rent is £65 levied per year. The lease expires on 21st October 2085

With 61 years unexpired we estimate the price of your lease extension to be between £18,100 and £20,800 as well as legals.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.

Been searching for a solicitor for leasehold sale conveyancing in West Dean. I'm selling, simple no mortgage to discharge, no hurry, no onward purchase. Had an estimate from a lawyer for £1000 excluding VAT which is a tad expensive considering its so straightforward. Is it possible to find less expensive fees for conveyancing in West Dean?

Considering it’s a sale only, £500 + VAT should be about the lowest for sale conveyancing in West Dean.