My partner and I are purchasing a brand new apartment in Shoreham By Sea and my lawyer is advising me that she has to the lender to reveal incentives from the seller. I am nearing the developer’s deadline to exchange and my preference is not to prolong matters. Is my lawyer right?

You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when buying a property in Shoreham By Sea?

Unless a previous purchase of the house completed after 12 October 2013 you may expect lawyers handling conveyancing in Shoreham By Sea to continue to suggest a chancel search and or insurance against a claim.

Am I right to be wary by brokers that I am dealing with are recommending a national conveyancing firm as opposed to a local Shoreham By Sea conveyancing company?

As with many service providers, often input from relatives can be worth their weight in gold. Nevertheless there are lots of players in a conveyancing matter; estate agents, financial adviser and mortgage companies might all suggest solicitors to select. Sometimes these conveyancers might be known to one of the organisations as being good in their field, but sometimes there is an underlying commercial relationship behind the endorsement. You are free to appoint your preferred lawyer. Don't forget that many lenders specify a panel list of solicitors you must use for the mortgage related work in your home move.

In surfing the internet for the words conveyancing in Shoreham By Sea it shows results of many conveyancersin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for purchase transaction?

The best way of finding a suitable conveyancer is through a trusted testimonial, so seek the guidance of friends and those you trust who have bought a property in Shoreham By Sea or a respected estate agent or mortgage broker. Costs for conveyancing in Shoreham By Sea differ, so it's a good idea to obtain at least four quotes from different companies. Dont forget to clarify that the fees are fixed.

I am on look out for some leasehold conveyancing in Shoreham By Sea. Before I set the wheels in motion I would like to find out the unexpired term of the lease.

Assuming the lease is registered - and 99.9% are in Shoreham By Sea - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Leasehold Conveyancing in Shoreham By Sea - A selection of Questions you should consider Prior to Purchasing

Is there a share of the freehold? Best to be warned if redecorating or some other significant cost is pending to be shared amongst the leaseholders and will materially increase the the service fees or result in a specific payment. What is the service charge and ground rent on the apartment?