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Ready to buy a new home in Woodingdean? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Woodingdean conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Woodingdean

Me and my partner are about to exchange buying a property in Woodingdean but as a consequence of damage from some water damage at the property I have managed to agree compensation from the owner in the sum of £3k by way of a adjustment in the price. I had intended this to be dealt with as part of amending the contract yet Santander are not allowing this. Should they have been approached?

Your solicitor that is on a Santander approved list is required to inform Santander of any changes to the sale price. If you prohibit your solicitor to notify the price change to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new solicitor for your conveyancing in Woodingdean.

Will commercial conveyancing searches reveal proposed roadworks that may affect a commercial premises in Woodingdean?

Its becoming the norm that commercial conveyancing solicitors in Woodingdean will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Woodingdean. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Woodingdean.

For each commercial conveyancing transaction in Woodingdean it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Woodingdean commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Woodingdean.

Just had an offer accepted on a new build flat in Woodingdean. Conveyancing is necessary evil 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.

Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Woodingdean

    Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

Having checked my lease I have discovered that there are only Sixty One years left on my lease in Woodingdean. I now wish to get lease extension but my freeholder is missing. What options are available to me?

On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. However, you will be required to prove that you have made all reasonable attempts to find the lessor. In some cases an enquiry agent may be helpful to conduct investigations and to produce an expert document to be used as evidence that the landlord is indeed missing. It is wise to seek advice from a conveyancer both on proving the landlord’s absence and the vesting order request to the County Court overseeing Woodingdean.

I purchased a 1st floor flat in Woodingdean, conveyancing formalities finalised in 2000. Can you work out an approximate cost of a lease extension? Comparable flats in Woodingdean with a long lease are worth £195,000. The ground rent is £45 per annum. The lease expires on 21st October 2090

With just 64 years left to run the likely cost is going to be between £14,300 and £16,400 plus costs.

The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.

I have been informed by many estate agents to expect up to two months for Woodingdean conveyancing to complete.This was a month ago. The draft contract was only forwarded to my solicitor a few days ago so now does it countdown?

Do not count on completing on a specific date until exchange of contracts takes place. Whatever promises the people you are buying from or selling to make, or your conveyancer makes don't bank on them. More stress is caused to clients trying to move home by false assurances than any other issue when it comes to conveyancing in Woodingdean.

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