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Find a Cowfold Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Cowfold

My god-son is purchasing a new build apartment in Cowfold with a home loan from RBS. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?

The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the RBS conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

Finally the sale completed on my house in Cowfold last October but our buyer keeps texting me to say her lawyer needs to hear from mine. What should have happened now that I have sold?

Following your house sale your conveyancer should send the transfer documentation and all additional paperwork to the buyer’s solicitors. Where appropriate, your lawyer must also evidence that the mortgage has been redeemed to the purchasers lawyers. There are no post completion formalities peculiar conveyancing in Cowfold.

A friend suggested that if I am purchasing in Cowfold I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is occasionally quoted for as part of the standard Cowfold conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Cowfold around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data about Cowfold.

I have recentlybeen informed that Stirling Law have been shut down. They carried out my conveyancing in Cowfold for a purchase of a freehold house 12 months ago. How can I establish that the property is registered correctly in the name of the former proprietor?

The quickest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Cowfold conveyancing specialists.

Completion is due on our sale of a £450,000 apartment in Cowfold on Wednesday in a week. The management company has quoted £336 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Cowfold?

Cowfold conveyancing on leasehold flats normally requires the purchaser’s lawyer sending questions for the landlord to address. Although the landlord is under no legal obligation to address these enquiries most will be willing to assist. They are at liberty to invoice a reasonable administration fee for answering enquiries or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is over three hundred pounds, in some transactions it is in excess of £800. The management information fee required by the landlord must be accompanied by a synopsis of rights and obligations in respect of administration fees, otherwise the invoice is technically not due. Reality however dictates that you have little option but to pay whatever is demanded if you want to exchange contracts with the buyer.

I invested in buying a studio flat in Cowfold, conveyancing formalities finalised 3 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Cowfold with a long lease are worth £265,000. The ground rent is £50 charged once a year. The lease expires on 21st October 2101

You have 76 years left to run the likely cost is going to span between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.

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