I chose a high street lawyer for our conveyancing in Horley today. Reviewing the official terms of business I noteI am on the hook for charges even where the transaction does not complete. Should I go with them or choose a web based conveyancing company promoting no move no charge conveyancing in Horley?

Generally there is a concession along the lines that if "No Completion No Fee" is offered then the fee levels will tend to be be more expensive to counteract the cases that abort. You should be mindful that such deals tend not to protect you from expenditure such as Horley conveyancing search expenses.

As a FTB what is the most important piece of guidance you can give me about purchase conveyancing in Horley?

You may not hear this from too many lawyers but conveyancing in Horley and elsewhere in Surrey is often a confrontational experience. In other words, when it comes to conveyancing there is lots of room for conflict between you and others involved in the legal transfer of property. E.g., the vendor, estate agent and on occasion your bank. Choosing a solicitor for your conveyancing in Horley an important selection as your conveyancer is your adviser, and is the SOLE party in the process whose role it is to protect your best interests and to protect you.

We are witnessing a distinct increase in the "blame" culture- someone has to be blamed for the process taking so long. We recommend that you should always trust your solicitor ahead of the other parties in the conveyancing process.

I am looking for a leasehold apartment up to £195,000 and identified one round the corner in Horley I like with amenity areas and transport links in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Horley for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you require a mortgage that many years will be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this.

We're first time buyers - agreed a price, yet the agent informed us that the vendor will only go ahead if we instruct their preferred lawyers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a family solicitor used to conveyancing in Horley

We suspect that the seller is unaware of this ultimatum. If they desire ‘a quick sale', turning down a motivated buyer is going to damage their objectives. Speak to the vendors direct and make sure they understand (a)you are serious buyers (b)you are excited to move forward, with finances in place © you are chain free (d) you intend to proceed fast (e)but you intend to appoint your preferred Horley conveyancing solicitors - not the ones that will provide the negotiator at the agency a introducer fee or achieve conveyancing targets pre-set by head office.

Back In 2008, I bought a leasehold flat in Horley. Conveyancing and The Royal Bank of Scotland mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Horley who previously acted has now retired. What should I do?

First contact HMLR to make sure that this person is indeed the registered owner of the freehold reversion. You do not need to incur the fees of a Horley conveyancing lawyer to do this as it can be done on-line for a few pound. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Horley Leasehold Conveyancing - Sample of Queries Prior to Purchasing

Is the freehold owned jointly by the leaseholders? Does the lease contain onerous restrictions? The best form of lease structure is where the freehold interest is in the ownership of the leaseholders. In this situation the lessees benefit from being in charge if their destiny and although a managing agent is often employed if it is larger than a house conversion, the managing agent is directed by the tenants.