I can't travel far from Horley. Is there a reason why all Horley conveyancing practitioners aren't included on all lender panels?

Pre- 2008 most lenders displayed an attitude to risk which differs from the current day. The financial regulator in 2010 carried out a thematic review into fraud which in summary warned lenders: know the conveyancing practitioners on your panel. Consequently, lenders have since looked to extract more information from law firms regarding their processes and the staff employed by them and set certain criteria such as completing a minimum number of transactions. Thousands of law practices have been removed from lender panels even though they had an exemplary disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms were never going to meet the criteria of amount of transactions the mortgage companies insisted on.

Are there restrictive covenants that are commonly identified during conveyancing in Horley?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Horley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Just had an offer accepted on a new build flat in Horley. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Horley

The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

My wife and I purchased a leasehold house in Horley. Conveyancing and Bank of Scotland mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Horley who previously acted has long since retired. Do I pay?

The first thing you should do is make enquiries of HMLR to make sure that this person is indeed the new freeholder. There is no need to incur the fees of a Horley conveyancing lawyer to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Leasehold Conveyancing in Horley - A selection of Queries before buying

On the whole the cost for major works tend not to be incorporated into the maintenance charges, albeit that there some managing agents in Horley ask leasehold owners to pay into a sinking fund created for the specific purpose of establishing a fund for major repairs or maintenance. The answer will be helpful as a) areas can cause problems for the block as the common areas may start to deteriorate where services are not paid for b) if the leaseholders have a dispute with the running of the building you will want to have full disclosure Are there any major works on the horizon that will likely add a premium to the maintenance charges?

Me and myfiance and I are in the market for an affordable conveyancing lawyer in Horley to buy a flat. I am aware of the risk of getting ripped off but with various Horley conveyancing organisations to pick from...who's the best?

The first thing to do when searching for a Horley solicitor is listen to recommendations from family or trusted professionals. Almost everyone has used a conveyancing solicitor in the past. Feel free to utilise our comparison tool for Horley conveyancing quotes