We are purchasing a house and require a conveyancing solicitor in East Sussex who is on the Coventry BS approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in East Sussex.
I have been told that property searches are the main reason for delay in East Sussex house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Searches are unlikely to feature in any delay in conveyancing in East Sussex.
We're new on the property ladder - agreed a price, yet the selling agent informed us that the owners will only issue a contract if we use their recommended conveyancers as they need an ‘expedited deal’. My instinct tells me that we should use a high street solicitor who is familiar with conveyancing in East Sussex
It is highly unlikely the owners are driving this. Should the seller require ‘a quick sale', taking such a hostile approach to a genuine purchaser is not the way to achieve this. Avoid the agents and go straight to the owners and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you are going to use your preferred East Sussex conveyancing firm - as opposed tothose that will give their estate agent a commission or meet his conveyancing figures pre-set by senior management.
Last October I purchased a leasehold property in East Sussex. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
East Sussex Conveyancing for Leasehold Flats - Sample of Questions you should consider before buying
What is the name of the managing agents? How much is the ground rent and service charge? It is important to be aware if fixing the lift or some other significant cost is pending to be shared by the leaseholders and may well dramatically increase the the service charges or result in a one off payment.
My son is just in the process of moving house, he had his mortgage in principle. One the offer was accepted on apartment we contacted the bank to progress the mortgage application. We were shocked to learn that mortgage lenders do not accept all solicitor, they must be on their panel, is this right?
Lenders tend to restrict either the type or the number of conveyancing practices on their panel. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any East Sussex property lawyer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.