Are the Peacehaven conveyancing solicitors identified as being on the Santander conveyancing panel, together with their details provided by Santander?
Peacehaven conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.
How do I use the search tool to choose a conveyancing lawyer in Peacehaven on the authorised to act for my mortgage?
First pick a mortgage company such as Accord Mortgages Ltd, The Royal Bank of Scotland or Bank of Ireland then specify your location for example Peacehaven. Conveyancing practices in Peacehaven and across England and Wales will then be identified.
Is it best to choose a Peacehaven conveyancing lawyer in close proximity to the house I am hoping to buy? I have an old university friend who can execute the legal formalities however his firm is located 200miles away.
The benefit of a local Peacehaven conveyancing practice is that you can visit the firm to sign documents, hand in your identification documents and pester them if necessary. They will also have local insight which is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and the majority were content that should trump using an unknown Peacehaven conveyancing solicitor just because they are Peacehaven based.
I am a negotiator for a reputable estate agency in Peacehaven where we have experienced a few flat sales derailed due to short leases. I have been given inconsistent advice from local Peacehaven conveyancing solicitors. Please can you confirm whether the vendor of a flat can start the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I acquired a ground floor flat in Peacehaven, conveyancing having been completed 6 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Peacehaven with a long lease are worth £216,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease ends on 21st October 2087
With just 69 years remaining on your lease we estimate the premium for your lease extension to be between £9,500 and £11,000 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns 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.
My financial adviser has suggested using their property lawyer for our conveyancing in Peacehaven - Is it not simpler better to just instruct them?
You need to establish if the estate agent is recommending a property lawyer or introducing to a conveyancer. There are plenty of Peacehaven estate agents who recommend two or three Peacehaven conveyancing firms and get nothing from it.