Are the Rye conveyancing solicitors identified as being on the Barclays conveyancing panel, together with their details provided by Barclays?

Rye conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.

I am selling my apartment in Rye. Does the conveyancing practitioner need to be on the Principality conveyancing panel in order to deal with repayment of my mortgage?

Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.

Despite weeks of looking the Title Certificate and documents to our house can not be found. The conveyancers who dealt with the conveyancing in Rye 5 years ago no longer exist. What are my options?

Nowadays there are duplicates made of almost everything, and your lawyer should be aware precisely where to look for all the relevant documentation so you can purchase or dispose of your property without a hitch. If duplicates can’t be located, your solicitor can arrange cover in the form of insurance or indemnities protecting you against future claims on the property.

Is it possible to transfer to a new firm as I need to choose a firm on the Accord Mortgages Ltd conveyancing list. I hired a high street conveyancing solicitor in Rye five minutes from me but the firm is not accepted by Accord Mortgages Ltd

We will our best to assist in finding you a conveyancing solicitor in Rye on the Accord Mortgages Ltd panel. Please note that the solicitors that we on the directory do not pay us fee if you instruct them and are authorised and regulated by the SRA who regulate all conveyancing solicitors in Rye. In making use of the find a conveyancing solicitor tool on this site, you can contrast fees for conveyancing solicitors in Rye and beyond.

Can you provide any advice for leasehold conveyancing in Rye with the purpose of speeding up the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Rye can be avoided where you appoint lawyers the minute you market your property and request that they start to put together the leasehold documentation needed by the buyers’ solicitors.
If you have had conflict with your freeholder or managing agents it is very important that these are resolved prior to the flat being put on the market. The purchasers and their solicitors will be concerned about purchasing a property where there is a current dispute. You may have to bite the bullet and discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is better to present the dispute as historic rather than unresolved. Some Rye leases require Licence to Assign from the landlord. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their lawyers. The majority of landlords or Management Companies in Rye levy fees for supplying management packs for a leasehold property. You or your lawyers should discover the fee that they propose to charge. The management information sought on or before finding a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most frequent reason for delay in leasehold conveyancing in Rye.

I invested in buying a leasehold flat in Rye, conveyancing having been completed in 1998. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Rye with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease ceases on 21st October 2085

With 59 years remaining on your lease the likely cost is going to range between £20,900 and £24,200 plus legals.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.