We are purchasing a 2 bedroom apartment in Forest Row with a mortgage. We have a Forest Row conveyancer, but the lender says he's not on their "panel". We have to appoint one of the mortgage company panel conveyancing practices or retain our Forest Row property lawyer as well as pay for one of their panel ones to act for them. This seems very unfair; can we not insist that the mortgage company use our Forest Row solicitor ?

Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Forest Row conveyancing lawyer to apply to be on the conveyancing panel.

At what point will exchange of contracts happen for purchase conveyancing in Forest Row and am I required to attend the solicitors office?

If you are local to one of the conveyancing solicitors in Forest Row you are invited in to sign documents. That being said, the lender approved solicitors we recommend supply a national conveyancing service and provide as equally comprehensive and professional a job for you when communicating with you by post or email. The signing of the contract is not the critical part. Signing on the dotted line simply enables the conveyancer to address the formalities at the appropriate time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Forest Row)to be in the office at the appropriate time.

I have been recommended a conveyancing solicitor in Forest Row. I I would like to check whether they are accepted on the Chelsea Building Society approved list of lawyers. Can you assist?

The first thing you should do is contact your lawyer and ask them if they can act for the bank. Otherwise you can get in touch with Chelsea Building Society who may be able to confirm.

What makes your site different to other online quote calculators for conveyancing in Forest Row?

At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Forest Row. Unlike many estate agents and many comparison sites we do not charge firms a commission if you appoint them for your property ownership legalities in Forest Row

I am attracted to a couple of maisonettes in Forest Row both have approximately forty five years left on the lease term. Do I need to be concerned?

There are plenty of short leases in Forest Row. The lease is a legal document that entitles you to use the premises for a period of time. As a lease shortens the saleability of the lease deteriorates and results in it becoming more expensive to acquire a lease extension. For this reason it is generally wise to increase the term of the lease. Sometimes it is difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We recommend you get professional help from a solicitor and surveyor with experience in this arena.

I am the registered owner of a garden flat in Forest Row, conveyancing was carried out in 2005. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Forest Row with an extended lease are worth £195,000. The average or mid-range amount of ground rent is £45 levied per year. The lease runs out on 21st October 2088

With 63 years remaining on your lease the likely cost is going to span between £16,200 and £18,600 plus costs.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.