Much to our surprise we have been told by our IFA that my Robertsbridge lawyer is not on the bank Conveyancing panel. What can I do to be sure if this is correct?
The first thing you need to do is to contact your Robertsbridge lawyer directly. You lawyer should inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
I am about to put an offer on a leasehold flat in Robertsbridge. The property agents advise that it is usual for flats in Robertsbridge to have less than 75 years remaining. I am getting a loan with Platform. Is this going to be acceptable if the lease has Seventy One years left.
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. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 24/11/2020 the requirements read as follows :
Have just purchased a probate house at auction in Robertsbridge. Conveyancing is required. What is next?
Given that you have now to in every practical sense signed on the dotted line you should hire the services of a conveyancing practitioner soon as you now have a fast approaching a drop dead date to complete the conveyancing. An auction property will ordinarily have an associated auction set of papers. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the legal pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to leasehold premises. You need to hand this to the conveyancer working for you at the earliest opportunity. Do make sure that that you have the requisite funding in place to complete on the on the contractual date .
My lawyer has informed me that breach of easement insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Robertsbridge?
The right level of breach of easement indemnity insurance depends on your lender. It would differ for example between Birmingham Midshires and Leeds Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.
How can we tell if a Robertsbridge conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Robertsbridge obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor handling your conveyancing.
Last June I purchased a leasehold house in Robertsbridge. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Robertsbridge Leasehold Conveyancing - A selection of Queries before buying
The best form of lease arrangement is a share of the freehold. In this situation the leaseholders enjoy control and even though a managing agent is often employed if it is larger than a house conversion, the managing agent acts for the leaseholders themselves. Is the freehold owned jointly by the tenants? This question is helpful as a) areas may result in problems for the building as the common areas may start to deteriorate if repairs are not paid for b) if the tenants have a dispute with the running of the building you will want to have all the details
I have just placed an offer on an apartment in Robertsbridge and the estate agent that we are dealing with recommended his property lawyer. She quoted nine hundred pounds plus VAT and disbursements. Does this sound steep?
Don't just go on one estimate. One should obtain like-for-like quotes for your conveyancing in Robertsbridge. Then choose one that you are comfortable with and crucially, is on the approved list of the bank that you have applied for a mortgage from.