What does a local search tell me regarding the property I am buying in Pagham?

Pagham conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company for example Searches UK The local search plays a central part in most Pagham conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your property. The search will provide information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.

How does conveyancing in Pagham differ for newly converted properties?

Most buyers of new build premises in Pagham come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is built. This is because builders in Pagham usually purchase the land, 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 Pagham or who has acted in the same development.

Is it simple use the search app to select a conveyancing solicitor in Pagham on the authorised to act for my lender?

First choose a lender such as Birmingham Midshires, Coventry Building Society or TSB then choose your location such as Pagham. Conveyancing firms in Pagham and beyond will then be identified.

I need to instruct a conveyancing lawyer in Pagham for my remortgage. Is there any facility to check a solicitor's complaints history with the legal regulator?

You may see documented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA could recorded call for training reasons.

I am a negotiator for a long established estate agency in Pagham where we have experienced a few flat sales jeopardised due to leases having less than 80 years remaining. I have received conflicting advice from local Pagham conveyancing firms. Please can you shed some light as to whether the vendor of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has owned the lease 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. The benefit of this is that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done 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 buyer.

I bought a 2 bed flat in Pagham, conveyancing having been completed 7 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Pagham with a long lease are worth £197,000. The ground rent is £55 invoiced annually. The lease finishes on 21st October 2079

With just 55 years remaining on your lease we estimate the premium for your lease extension to range between £31,400 and £36,200 plus costs.

The figure above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.