I have just been advised by my estate agent that my Bursledon solicitor is not on the bank Conveyancing panel. What can I do to be certain if this is indeed the case?
You need to call your Bursledon conveyancer. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your bank.
My friend recommended that if I am buying in Bursledon I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Bursledon conveyancing searches. It is not a small report of about 40 pages, listing and detailing significant information about Bursledon around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Bursledon Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data about Bursledon.
It has been 4 months since my purchase conveyancing in Bursledon took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Bursledon is the location of the property. Can you offer any advice?
Flying freeholds in Bursledon are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bursledon you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bursledon may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Due to exchange soon on a ground floor flat in Bursledon. Conveyancing lawyers inform me that they are sending me a report within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Bursledon should include some of the following:
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Who has the liability for repairing the window frames Are you allowed to have a pet in the flat? Whether the lease restricts you from letting out the property, or working from home Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? Responsibility to repair and maintain the building. It is essential for you to know which party is liable for the repair and maintenance of all parts of the block and estate
I purchased a ground floor flat in Bursledon, conveyancing formalities finalised 4 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Bursledon with over 90 years remaining are worth £192,000. The ground rent is £55 charged once a year. The lease terminates on 21st October 2080
You have 54 years remaining on your lease the likely cost is going to range between £32,300 and £37,400 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.
I need to swap lawyers as my Bursledon lawyer is not on the mortgage company's panel of conveyancing solicitors. How simple is it to change conveyancer?
If you haven't yet appointed a conveyancer to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Bursledon that you're thinking of instructing.