Should lawyers ask for money on account for conveyancing in Crowborough?

Where you are retaining lawyers for conveyancing in Crowborough your solicitor will request that you to provide them with monies to cover the search fees. Generally this is asked for to cover the fees of the Local Authority Search. When the down payment is payable against the sale price then this will be needed shortly ahead of contracts are exchanged. Any further balance that is due will be payable shortly before completion.

We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would much rather instruct a high street conveyancing solicitor in Crowborough?

You should check but the the probability is that appoint one of their panel conveyancers should you take up the "fee-free" incentive. Call the lender to determine if they allow a monetary alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Crowborough.

Just had an offer accepted on a new build apartment in Crowborough. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Crowborough

The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please confirm the Lease plans are architect prepared. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.

I have been on the look out for a flat up to £235,500 and found one close by in Crowborough I like with amenity areas and transport links in the vicinity, the downside is that it only has 51 years on the lease. There is not much else in Crowborough for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you require a mortgage that many years may be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.

We're FTB’s - agreed a price, yet the property agent informed us that the seller will only issue a contract if we instruct their preferred conveyancers as they want a ‘quick sale’. We would rather use a local conveyancer who is accustomed to conveyancing in Crowborough

We suspect that the seller is not behind this ultimatum. If they require ‘a quick sale', taking such a hostile approach to a genuine purchaser is going to damage their objectives. Speak to the vendors direct and make the point that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you are going to instruct your own,trusted Crowborough conveyancing solicitors - rather thanthe ones that will earn the estate agent a introducer fee or hit his conveyancing targets demanded by corporate headquarters.