I have given 8 weeks notice to my current landlord and must be out of my rented apartment in Ferring by the end of next month. Conveyancing on my purchase has just started. How realistic is it to complete in six weeks as I wish to avoid having to move into short term accommodation?

It is unwise to provide notice on a rental until your lawyer suggests that you should. If you have not previously done so, contact to your lawyer and request that they chase the sellers lawyers, try to get a realistic time scale from them that all parties will work to achieve

I am in the process of refinancing my home in Ferring, does my lawyer have to be on the Leeds Building Society Conveyancing panel?

In theory, you could use a solicitor that is not on the Leeds Building Society conveyancing panel, but Leeds Building Society would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.

Forgive me if this question is silly but I am new to the process as a first time purchaser of a garden flat in Ferring. Do I pick up the keys to the property on the completion date from my lawyer? If so, I will find a local conveyancing solicitor in Ferring?

On the day of completion you will not be required to attend the conveyancers office in Ferring. Conveyancing lawyers for you will arrange to send the completion advance to the seller's solicitors, and shortly after the monies have arrived, you will be invited to receive the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.

A friend pointed out to me me that in purchasing a property in Ferring there may be various restrictions as to what one can do in terms of external alterations to the property. Is this right?

We are aware of anumerous of properties in Ferring which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Ferring should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

Are all Ferring Conveyancing Quality Solicitors on the Skipton conveyancing list of approved practices?

A selection of lenders now utilise the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.

I need to retain a conveyancing solicitor for leasehold conveyancing in Ferring. I happened to stumble upon a web site which seems to have the perfect offering If there is a chance to get all the legals completed via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am tempted by the attractive purchase price for a couple of flats in Ferring which have approximately forty five years remaining on the leases. Will this present a problem?

There are plenty of short leases in Ferring. The lease is a legal document that entitles you to use the property for a period of time. As the lease shortens the value of the lease decreases and results in it becoming more expensive to acquire a lease extension. For this reason it is advisable to increase the term of the lease. More often than not it is difficult to sell a property with a short lease as mortgage companies may be unwilling to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you get professional assistance from a solicitor and surveyor with experience in this arena.

Ferring Leasehold Conveyancing - A selection of Questions you should ask before Purchasing

In the main the outlay for major works are not built into the service charges, albeit that there some managing agents in Ferring ask leaseholders to contribute towards a reserve fund and this is used to offset against major repairs or maintenance. Are there any major works in the near future that will likely add a premium to the maintenance costs? It would be sensible to investigate if there is anything that is prohibited in the lease. By way of example it is reasonably common in Ferring leases that pets are not permitted in in a block in Ferring. If you like the flatin Ferring however your dog is not allowed to move with you then you will be presented with a difficult determination.