lenderpanel

Find a Petworth Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Petworth? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Petworth home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Petworth conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Petworth

I am buying a property mortgage free in Petworth. I have lived for the last Seventeen years in Petworth. Conveyancing searches are exorbitant. As I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?

Provided that you do not need a home loan, then all but one or two of the Petworth conveyancing searches are non-obligatory. Your conveyancer will 'advise', perhaps strongly, that you should have searches completed, but he has a professional duty to take that path of advice. Do bear in mind; if you are intend to dispose of the house at a future date, it may be of interest to your prospective buyer what the searches disclose. Sometimes houses with no practical issues can still show up unfavourable search results. A competent conveyancing solicitor in Petworth should provide you some sensible advice here.

We are looking to buy a house and require a conveyancing solicitor in Petworth who is on the Aldermore conveyancing panel. Could you point me in the right direction as regards a firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Petworth.

I'm purchasing a new build house in Petworth benefiting from help to buy. The builders refused to reduce the price so I negotiated £7000 of additionals instead. The sale representative advised me not disclose to my lawyer about the side-deal as it may adversely affect my mortgage with Yorkshire Building Society. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what should have been a straight forward, no chain conveyancing. Petworth is where the house is located. Is there any advice you can impart?

Flying freeholds in Petworth are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Petworth you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Petworth may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Completion is due on the sale of our £325,000 maisonette in Petworth next Thursday. The freeholder has quoted £396 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Petworth?

Petworth conveyancing on leasehold apartments often requires the buyer’s conveyancer submitting questions for the landlord to address. Although the landlord is not legally bound to answer these enquiries most will be content to do so. They may charge a reasonable charge for answering questions or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is over three hundred pounds, in some cases it is above £800. The administration charge levied by the landlord must be accompanied by a summary of entitlements and obligations in relation to administration fees, without which the charge is technically not due. Reality however dictates that you have little option but to pay whatever is demanded if you want to exchange contracts with the buyer.

I bought a 1st floor flat in Petworth, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Similar properties in Petworth with over 90 years remaining are worth £260,000. The average or mid-range amount of ground rent is £45 per annum. The lease comes to an end on 21st October 2099

You have 74 years unexpired we estimate the price of your lease extension to span between £8,600 and £9,800 as well as costs.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.

Last updated

Find out more about how flying freehold can affect your the value of a property.