We just had an offer accepted to purchase with Loughborough BS. I called into a few local firms yet am struggling to find a Wadhurst conveyancing firm on the Loughborough BS panel. Can you help?

Feel free to make use of the search tool on this site. Pick the building society and type Wadhurst or your preferred area and you will see numerous solicitors based in Wadhurst or by proximity to you.

Are there restrictive covenants that are commonly identified during conveyancing in Wadhurst?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Wadhurst. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Just had an offer accepted on a new build apartment in Wadhurst. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Wadhurst

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

Should I choose a Wadhurst conveyancing practitioner based in the location that I am hoping to buy? An old friend can carry out the conveyancing however her office is over three hundred miles away.

The benefit of a high street Wadhurst conveyancing firm is that you can pop in to execute documents, deliver your ID and pester them if necessary. They will also have local intelligence which is a plus. That being said it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and on the whole were content that must surpass using an unfamiliar Wadhurst conveyancing lawyer just because they are Wadhurst based.

My 20yr old son is just in the process of moving house, the home loan was agreed last week in principle. After the seller agreed the offer on the flat we called the mortgage institution to issue the formal offer. We were shocked to learn that banks do not accept all lawyer, they have to be on a list, is this right?

Mortgage Companies ordinarily restrict either the type or the number of conveyancing firms on their panel. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Wadhurst conveyancer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Unlikely.