We are due to exchange buying a property in Polegate but as a result of wreckage from some water damage at the property I have managed to agree reparation from the seller of £2k taking the form of a deduction in the price. This was going to be dealt with as part of amending the contract but Aldermore are not allowing this. Why were they involved?
Your solicitor being on a Aldermore approved list is duty bound to inform Aldermore of any amendments to the sale price. If you were to refuse your solicitor to disclose the price change to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new conveyancer for your conveyancing in Polegate.
My brother-in-law has suggested I instruct a conveyancing solicitor in Polegate. I need to find out whether they are on the The Mortgage Works approved list of lawyers. Can you advise?
The first thing to do is contact your lawyer and ask them if they are on the lender panel. Alternatively you can call The Mortgage Works who may be able to confirm.
Various online forums that I have come across warn that are the primary cause of obstruction in Polegate conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances during the legal transfer of property. Searches are unlikely to be the root cause of slowing down conveyancing in Polegate.
I have been on the look out for a flat up to £245,000 and found one close by in Polegate I like with open areas and railway links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Polegate suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a mortgage the remaining unexpired lease term will likely be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
We are a fortnight into a freehold purchase having been directed to solicitors by the estate agent to perform conveyancing in Polegate. I am am very frustrated with the level of service. Can you you assist me in finding new lawyers?
A solicitor would need to be very bad to suggest changing them. Has the mortgage been issued? In the event that it has you will need to make them aware of the new lawyer and ensure the mortgage documents are re-sent. Your conveyancer should be on the mortgage company panel to avoid supplemental fees and frustration. So that should be your starting point. The find a solicitor tool should help you find a lender approved conveyancer for your conveyancing in Polegate