I need some fast conveyancing in Cuckfield as I am faced with a deadline to exchange contracts inside 4 weeks. Fortunately I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?
As you are are a mortgage free purchaser you have the choice not to do searches although no conveyancer would recommend that you don't. Drawing on years of experience of conveyancing in Cuckfield the following are instances of what can be revealed and therefore affect the marketability of the property: Enforcement Actions, Outstanding Charges, Overdue Grants, Railway Schemes,...
The deeds to our property can not be found. The lawyers who dealt with the conveyancing in Cuckfield 4 years ago are no longer around. What are my options?
In today’s world there are duplicates made of almost everything, and your solicitor will know exactly where to locate all the suitable paperwork so you can buy or dispose of your house without a hitch. Where duplicates can’t be located, your conveyancer may be able to put in place insurance or indemnities protecting you against possible claims on the property.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one round the corner in Cuckfield I like with open areas and railway links nearby, however it only has 51 remaining years left on the lease. I can't really find anything else in Cuckfield suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan that many years may be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
I'm remortgaging my existing property to a buy to let loan with Godiva Mortgages Ltd and I will use the rest of the raised equity towards a second property. The location we are looking at is Cuckfield. Will your lawyers be able to act for the two lenders and tie in the two deals?
Make use of our comparison tool on this site to be sure that the lawyers are approved by both mortgage companies. On the basis that they are your lawyer will be able to simultaneously deal with the two conveyancing matters but you should have a chat with you conveyancer and make apparent your desired outcome and requirements.
I've found a house that appears to be perfect, at a reasonable price which is making it all the more appealing. I have subsequently been informed that it's a leasehold rather than freehold. I am assuming that there are issues buying a house with a leasehold title in Cuckfield. Conveyancing advisers have not yet been appointed. Will they explain the issues?
Most houses in Cuckfield are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are purchasing in Cuckfield in which case you should be shopping around for a Cuckfield conveyancing practitioner and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as obtaining the landlord’sconsent to conduct changes to the property. You may also be required to pay a service charge towards the upkeep of the communal areas where the property is located on an estate. Your conveyancer will appraise you on the various issues.
Cuckfield Leasehold Conveyancing - A selection of Queries Prior to Purchasing
Is there a share of the freehold? Generally speaking the cost for major works are not included within maintenance charges, albeit that there some managing agents in Cuckfield ask leaseholders to pay into a reserve fund and this is used to offset against major works. Who are the managing agents?