Do I need to pop into the offices of the solicitor to sign the legal charge? If so, I will choose one who does conveyancing in East Sussex so that I can pop in to their offices if necessary.
Whereas this was necessary 15 years ago, the vast majority lenders no longer require their conveyancing panel lawyer to witness the mortgagors signature. It will still be necessary for you to provide identification documents and there are still distinct advantages to choosing a local solicitor, in your situation a conveyancing solicitor in East Sussex.
What is the difference between a licensed conveyancer and conveyancing solicitor in East Sussex
There are two types of lawyers who can do conveyancing in East Sussex namely CLC regulated conveyancers or solicitors. The two can provide the legal services that you need to complete the sale or acquisition of property. They are both obliged to conduct East Sussex conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be professionally administered and that the requisite procedures should be appropriately adhered to.
How can we tell if a East Sussex conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in East Sussex getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the solicitor carrying out your conveyancing.
I have a mortgage with Co-operative for my property in East Sussex. Conveyancing has been completed a year ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Co-operative?
You must advise Co-operative prior to renting your property as this is likely to be a breach of Co-operative’s mortgage conditions. It may be that Co-operative will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Co-operative directly. You need not do this via a Co-operative conveyancing panel firm.
I am looking for a ground for flat up to £235,500 and found one near me in East Sussex I like with open areas and railway links nearby, however it only has 52 years unexpired on the lease. I can't really find anything else in East Sussex for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a home loan that many years will be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
Am I better off to choose a East Sussex conveyancing solicitor who is local to the property I am purchasing? We have a good friend who can handle the conveyancing but her office is a couple of hundredmiles drive away.
The benefit of a local East Sussex conveyancing firm is that you can attend the office to execute documents, deliver your identification documents and apply pressure on them if necessary. They will also have local knowledge which is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and they were content that must trump using an unfamiliar East Sussex conveyancing solicitor just because they are based in the area.
I'm buying a apartment in East Sussex. I have found my conveyancer's company on the CLC list, but I can't see my lawyer's name on the list. Should I be concerned?
Not all staff in the law firm must be listed by the regulator. Provided there is someone qualified to 'oversee' the transaction, the actual day-to-day activity can be conducted by unlicensed staff.