It has taken forever and a day but a loan offer from NatWest for the refinancing of my 4 room maisonette is due by the end of next week. Are you able to put forward a cheap conveyancing law firm in Winchelsea?

You are on the wrong site if you are seeking the cheapest conveyancing solicitors in Winchelsea. We can offer you cost effective conveyancing but we do not advertise as being the cheapest. Resist the temptation to appoint organisations offering the bait of low cost conveyancing in Winchelsea. Optimistically, in being led by cheap conveyancing, you will get your money’s worth and at worst you will end up paying a lot in additional fees and still not get the service required.

My husband and I are only a couple days away from an exchange on a flat in Winchelsea and my parents have transferred the 10% deposit to my conveyancer. I am now told that as the deposit has not arrived from me my conveyancing practitioner needs to make a notification to my mortgage company. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the bank concerning my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?

The lawyer is legally required to check with lender to ensure that they know that the balance of the purchase price is not from your own resources. Your solicitor can only notify this to your lender if you agree, failing which, your lawyer must cease to continue acting.

Are there restrictive covenants that are commonly picked up during conveyancing in Winchelsea?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Winchelsea. 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…’

In what way can the Landlord & Tenant Act 1954 impact my commercial premises in Winchelsea and how can your lawyers assist?

The 1954 Act affords a safeguard to commercial leaseholders, granting the dueness to apply to court for a new tenancy and remain in occupation when the lease comes to an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act for protection and handle your commercial conveyancing in Winchelsea

Having had my offer accepted I require leasehold conveyancing in Winchelsea. Before diving in I want to be sure as to the remaining lease term.

Assuming the lease is registered - and almost all are in Winchelsea - then the leasehold title will always include the basic details 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 Winchelsea - A selection of Queries before buying

In the main the cost for major works are not included within service charges, although a few managing agents in Winchelsea ask leasehold owners to pay into a reserve fund created for the specific purpose of establishing a fund for larger works. Where a Winchelsea lease has less than 80 years it will have adverse implications on the value of the property. Check with your bank that they are happy with the length of the lease. A short lease means that you will most likely have to extend the lease at some point and you need to have some idea of how much this will be. Remember, in most cases you would need to own the property for two years before you are entitled to extend the lease. Most Winchelsea leasehold apartments will have a service bill for maintenance of the block invoiced by the management company. Should you purchase the apartment you will have to pay this liability, normally quarterly accross the year. This could be anything from a couple of hundred pounds to thousands of pounds for blocks with lifts and large common grounds. In all likelihood there will be a ground rent to be met yearly, normally this is not a significant figure, say around £25-£75 but you need to check it because sometimes it could be prohibitively expensive.