As someone not used to the East Sussex conveyancing process what’s the number one tip you can impart concerning the home moving process in East Sussex
You may not hear this from too many lawyers but conveyancing in East Sussex and elsewhere in England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there is an abundance of opportunity for friction between you and others involved in the ownership transfer. E.g., the seller, selling agent and even potentially the mortgage company. Selecting a law firm for your conveyancing in East Sussex is a critical decision as your conveyancer is your adviser, and is the ONE person in the transaction whose responsibility is to act in your legal interests and to keep you safe.
We are witnessing a definite ongoing adversarial element to conveyancing- someone has to be blamed for the process being so protracted. You your first instinct should be to trust your conveyancer ahead of all other parties when it comes to the legal assignment of property.
Various online forums that I have frequented warn that are a common reason for stalling in East Sussex conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays in the conveyancing process. Searches are unlikely to be the root cause of slowing down conveyancing in East Sussex.
I have been on the look out for a flat up to £245,000 and identified one round the corner in East Sussex I like with amenity areas and railway links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in East Sussex for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan that many years will be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
We're novice buyers - had an offer accepted, but the agent informed us that the seller will only proceed if we appoint the agent's recommended lawyers as they want an ‘expedited deal’. We would rather use a family conveyancer used to conveyancing in East Sussex
We suspect that the seller is not behind this ultimatum. If they desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Speak to the vendors direct and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you are going to appoint your own,trusted East Sussex conveyancing lawyers - rather thanthe ones that will earn the negotiator at the agency a referral fee or achieve conveyancing thresholds demanded by HQ.
What is the reason for new build conveyancing in East Sussex being more expensive?
Conveyancing in East Sussex for newly converted or new build properties often involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional queries and contractual considerations.