I can't travel far from Sedgefield. What is the rationale as to why all Sedgefield conveyancers are not on all lender panels?

As unjust as it may appear for lenders to limit who can act for them, from the public’s or lawyer’s viewpoint, the flip side is that lending institutions are increasingly anxious and feel it necessary to protect them against illegal activities. As a consequence of this concern banks have consolidated their conveyancing panel to a size that they are happy to control.

I am downsizing from our home in Sedgefield and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A high street Sedgefield lawyer would know that there is no such problem. It does beg the question why the purchasers are using an online conveyancing outfit rather than a conveyancing solicitor in Sedgefield. Having lived in Sedgefield for many years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain clarification that there is no issue.

It would appear that you have a conveyancing lawyer already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)

Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one round the corner in Sedgefield I like with amenity areas and railway links in the vicinity, however it's only got 52 years unexpired on the lease. I can't really find anything else in Sedgefield suitable, so just wondered if I would be making a mistake buying a lease with such few years left?

Should you require a mortgage the shortness of the lease will likely be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.

Is it best to go with a Sedgefield conveyancing solicitor in close proximity to the house I am hoping to buy? We have a good friend who can conduct the legal work however her office is 200kilometers drive away.

The benefit of a high street Sedgefield conveyancing firm is that you can visit the firm to execute paperwork, deliver your ID and pester them where appropriate. They will also have local intelligence which is a plus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and the majority were happy that should surpass using an unfamiliar Sedgefield conveyancing lawyer just because they are round the corner.

I only have Sixty One years left on my flat in Sedgefield. I need to extend my lease but my landlord is absent. What are my options?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to prove that you have done all that could be expected to find the landlord. For most situations a specialist would be helpful to try and locate and prepare a report which can be accepted by the court as proof that the landlord can not be located. It is advisable to get professional help from a solicitor both on devolving into the landlord’s absence and the vesting order request to the County Court overseeing Sedgefield.

Leasehold Conveyancing in Sedgefield - A selection of Queries Prior to Purchasing

It would be a good idea to find out if the the lease includes any adverse restrictions in the lease. For example it is reasonably common in Sedgefield leases that pets are not allowed in certain buildings in Sedgefield. If you love the flatin Sedgefield but your cat is not allowed to move with you then you have a very difficult choice. How is the lease structured? How much is the ground rent and service charge?