Why is leasehold purchase conveyancing in Steyning is more expensive?
The conveyancing costs for a leasehold property in Steyning is inevitably higher than on a freehold property. This is because there is an amount of additional investigations necessary in communicating with the landlord and managing agents to collate the information about whether the rent and service charges have been cleared and whether there are any major works due in the foreseeable future on repairs or maintenance of the block.
I am considering remortgaging my property in Steyning, does my lawyer have to be on the TSB Conveyancing panel?
There is nothing to stop you using your solicitor, but TSB will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
My wife and I buying a victorian detached house in Steyning. We would like to carry out an extension to the side at the property.Will legal due diligence on the property involve enquiries to determine if these alterations were previously refused?
Your solicitor should check the deeds as conveyancing in Steyning will on occasion reveal restrictions in the title deeds which prohibit certain works or need the consent of a 3rd party. Some works need local authority planning consent and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be wise to check these issues with a surveyor before you commit yourself to a purchase.
Is there a list of UBS panel solicitors in Steyning on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the CML or Building Society Association websites. A small selection of banks make their panel listings available online. Where you are looking for a Steyning conveyancing practitioner on the UBS please use our facility.
We have agreed to purchase a house in Steyning. An unusual aspect is that the roof has a solar panel. Principality have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Principality your lawyer must check the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for Principality. The CML Handbook stipulates minimum provisions for solar panel roof-space leases, and lawyers are required to report to Principality where a lease does not satisfy these provisions. The provisions relate to the installation of panels on properties nationwide and is not limited to Steyning.
Do I need to take out insurance to cover chancel repairs when acquiring a residence in Steyning?
Unless a prior purchase of the property took place post 12 October 2013 you could take it that solicitors carrying out conveyancing in Steyning to remain recommending a chancel search and or chancel repair liability insurance.
I have been pointed in your direction by a couple of local property agents in Steyning to find a conveyancer on your site. Is there a financial upside for Estate Agents to promote your site over and above another?
We don’t make any referral fee for directing people our way. We found it would be just too difficult a fee as members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.