In the event thatI was to purchase a straightforward homein Newhaven mortgage fee and dispense with a survey and no conveyancing searches how much should I expect to have to pay for conveyancing in Newhaven?
Any savings you would make will be isolated to the costs for searches. Your solicitor still be obliged to do everything else - money laundering, correspond with your sellers conveyancing practitioner, stamp duty submission, register the ownership etc. A slight saving might be made by not needing to register a charge but it won't be meaningful.
My uncle passed away 10 months ago and as sole heir and executor I was left the property in Newhaven. The house had a small mortgage left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this possible?
Where you intend to re-mortgage then Kent Reliance will insist on your using a conveyancer on the Kent Reliance conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Kent Reliance conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Kent Reliance mortgage is registered as a charge at the Land Registry.
I am purchasing a 3 bedroom semi in Newhaven. The intention is to carry out an extension to the side at the house.Will the conveyancing process involve enquiries to see if these works are prohibited?
Your solicitor should check the registered title as conveyancing in Newhaven will sometimes identify restrictions in the title documents which restrict categories of changes or necessitated the permission of a 3rd party. Certain additions require local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
We previously chose conveyancers located in Newhaven on the Coventry BS solicitor approved list. They are now charging me a separate fee for dealing with the Coventry BS mortgage. Is this a supplemental conveyancing fee set by Coventry BS?
Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your property lawyer is entitled to charge a fee for this. This fee is not dictated by Coventry BS but by your Newhaven lawyer. Plenty of firms on the Coventry BS panel will quote an ‘acting for lender’ fee and others do not.
My sealed bid on a property in Newhaven has been agreed to, the owners do nevertheless have a connected purchase. The sellers have placed an offer on a property, but it’s not yet tied up, and have viewings of other properties booked. I have selected a nearby conveyancing solicitor in Newhaven. What do I do now? At what point should I apply for the mortgage with Clydesdale?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is approx one thousand pounds, then valuation, Newhaven conveyancing search costs, etc). The first course of action is to ensure that your solicitor is on the Clydesdale conveyancing panel. Concerning the next stages this very much dictated by the circumstances of your transaction, attraction to this property and on the state of the market. During a buoyant market many purchasers would apply for the mortgage with Clydesdale and arrange for the valuation and only if it was satisfactory would they request their lawyer to press on with the conveyancing in Newhaven.
We are purchasing a property and the conveyancer has raised the issue of Chancel Repair to which the property may be obligated to contribute to given it’s proximity to the area of such a church. She has mentioned insurance. Is this strictly required for conveyancing in Newhaven
Unless a previous acquisition of the property completed post 12 October 2013 you can expect solicitors delivering conveyancing in Newhaven to remain recommending a chancel search and or insurance against a claim.
Back In 2009, I bought a leasehold house in Newhaven. Conveyancing and National Westminster Bank 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 Newhaven who previously acted has now retired. What should I do?
First contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to incur the fees of a Newhaven conveyancing lawyer to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I acquired a 1 bedroom flat in Newhaven, conveyancing having been completed February 2012. How much will my lease extension cost? Comparable properties in Newhaven with over 90 years remaining are worth £206,000. The ground rent is £45 charged once a year. The lease expires on 21st October 2086
With only 66 years left to run we estimate the premium for your lease extension to be between £11,400 and £13,200 plus professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.