We were about to retain a conveyancing solicitor in Kemp Town listed by you but stumbled across some other fee calculations via the web look cheaper – how come?
You can find lots of conveyancers marketing at first sight what seems to be cut price. We would urge you to think twice about how much you respect your own move to you are willing to take 'cheap' risks in relation to the quality of the legal work. Some embed additional charges well inside the terms of business. The solicitors that we list for conveyancing in Kemp Town neverbehave this way.
We were just about to exchange contracts for a freehold house in Kemp Town. We have hit a snag. Our loan offer with Yorkshire Building Society runs out on 8/10/2025 but the sellers are insisting on a completion date of 10/10/2025. Is it possible to prolong the mortgage offer?
The person best placed to address this issue is your lawyer who should assess whether he or she is should be discussing with the mortgage company, owner’s conveyancers, estate agents or conceivably all parties based on the circumstances your house move to date.
About to place an offer on a leasehold flat in Kemp Town. The property agents assure me that it is normal for flats in Kemp Town to have less than 75 years remaining. I am expecting a loan with Chelsea Building Society. Is this going to be a problem if the lease has Seventy One years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 8/8/2025 the requirements read as follows :
I opted to have a survey completed on a house in Kemp Town prior to instructing conveyancers. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies tend refuse to give a loan on such a home.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Kemp Town. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Kemp Town to see if the conveyancing costs will increase in light of this.
I own a leasehold flat in Kemp Town. Conveyancing and Alliance & Leicester mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Kemp Town who previously acted has now retired. What should I do?
First make enquiries of the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. You do not need to instruct a Kemp Town conveyancing lawyer to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a 2 bed flat in Kemp Town, conveyancing formalities finalised December 1999. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Kemp Town with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease finishes on 21st October 2075
With just 50 years remaining on your lease the likely cost is going to span between £31,400 and £36,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.