Is there a reason why leasehold purchase conveyancing in Rye is more expensive?

The conveyancing fees for a leasehold property in Rye is inevitably more expensive as compared to a freehold transaction. This is due to the supplemental time required in corresponding with the freeholder and management company to obtain evidence about whether the rent and maintenance fee have been discharged and whether there are any large sums expected to be spent in the near future on repairs or maintenance of the building.

The deeds to our house can not be found. The solicitors who handled the conveyancing in Rye 4 years ago have long since closed. Will I be able to sell the house?

Nowadays there are duplicates made of almost everything, and your lawyer should be aware exactly where to look for all the relevant paperwork so you may buy or sell your house without a hitch. Where duplicates can’t be found, your solicitor can put in place insurance or indemnities against future claims on the premises.

I am purchasing a new build house in Rye with a loan from Lloyds TSB Bank. The sellers refused to reduce the amount so I negotiated 6k of additionals instead. The property agent suggested that I not reveal to my conveyancer about the side-deal as it could affect my loan with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

We're FTB’s - agreed a price, but the property agent advised that the seller will only move forward if we appoint the agent's preferred lawyers as they want an ‘expedited deal’. My instinct tells me that we should use a high street solicitor accustomed to conveyancing in Rye

We suspect that the owner is not behind this demand. If they want ‘a quick sale', alienating a motivated buyer is going to damage their objectives. Bypass the agents and go straight to the sellers and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are chain free (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Rye conveyancing solicitors - not the ones that will give the estate agent a commission or hit his conveyancing thresholds demanded by HQ.

The property lawyers undertaking our conveyancing in Rye has sent documents to review that indicate that the property is unregistered with epitome documents. Is it not the case that all houses in Rye are registered?

It is unusual for property in Rye not to be registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many Rye conveyancing practitioners will be familiar with such matters but in the event that uncertainty reigns the usual proposition nowadays seems to be for the seller’s conveyancer to address the registration formalities first and then sell - this will have a domino effect to result in a protracted home move.