I am purchasing a maisonette in Chandlers Ford. My lawyer is not listed on the mortgage company conveyancing panel. Can I still retain my Chandlers Ford conveyancing solicitor notwithstanding that they are not on the mortgage company approved list?
Your options include
- Carry on with your preferred Chandlers Ford conveyancing practitioner but your lender will no doubt use a conveyancing practitioner from their conveyancing panel. The net result is additional charges together with probable frustration.
- Get a fresh solicitor to act in the purchase, obviously checking they are on the mortgage company conveyancing panel.
- Convince your solicitor to pull out all the stops to get accepted on the mortgage company panel of solicitors
Last September we completed a house move in Chandlers Ford. We have noticed several problems with the house which we believe were overlooked in the conveyancing searches. Do we have any recourse? Can you clarify the type of searches that needed to have been conducted as part of conveyancing in Chandlers Ford?
The question is not clear as to the nature of the problems and if they are relate to conveyancing in Chandlers Ford. Conveyancing searches and due diligence initiated as part of the legal transfer of property are carried out to help avoid problems. As part of the process, a seller answers a questionnaire known as a Seller’s Property Information Form. answers turns out to be incorrect, you may have a misrepresentation claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Chandlers Ford.
This question may be naive but I am wet behind the ears as a 1st time purchaser of a two bedroom flat in Chandlers Ford. Do I collect the keys to the house on completion from my conveyancer? If this is the case, I will instruct a High Street conveyancing solicitor in Chandlers Ford?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you should be able to receive the keys from the selling Agents and move into your new home. This tends to happen early afternoon.
We are getting a further advance on our mortgage from Bank of Ireland as we intend to conduct improvements to our home in Chandlers Ford. Do we need to choose a high street Chandlers Ford solicitor on the Bank of Ireland conveyancing panel to deal with the paperwork?
Bank of Ireland would not normally instruct firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Bank of Ireland panel.
I have a mortgage with Yorkshire BS for my property in Chandlers Ford. Conveyancing has been completed some time ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Yorkshire BS?
You must advise Yorkshire BS prior to renting your property as this is likely to be a breach of Yorkshire BS’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Yorkshire BS directly. You need not do this via a Yorkshire BS conveyancing panel firm.
Have completed on a a detached house in Chandlers Ford , What is the estimated time for the Land Registry to record my ownership? My Chandlers Ford conveyancing solicitor has been painfully slow, so I want to be certain the registration is dealt with.
As far as conveyancing in Chandlers Ford is concerned, registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can adjust depending on who lodges the application, whether it is in order and whether the Land registry must send notices to any 3rd parties. As of today in the region of three quarters of submission are fully dealt with within 12 days but occasionally there can be longer hold-ups. Registration takes place after the new owner has moved in to the premises so 'speed' is not usually top priority but if there is a degree of urgency associated with the registration then you or your solicitor should speak with the land registry and explain the circumstances.
I have been on the look out for a ground for flat up to £235,500 and identified one close by in Chandlers Ford I like with open areas and transport links in the vicinity, however it only has 52 years on the lease. I can't really find anything else in Chandlers Ford in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you require a mortgage that many years will be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
I only have Fifty years left on my flat in Chandlers Ford. I need to extend my lease but my landlord is absent. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. However, you will be required to prove that you or your lawyers have made all reasonable attempts to locate the freeholder. In some cases a specialist should be useful to conduct investigations and prepare an expert document which can be used as proof that the freeholder is indeed missing. It is wise to seek advice from a solicitor in relation to devolving into the landlord’s absence and the vesting order request to the County Court covering Chandlers Ford.
Chandlers Ford Conveyancing for Leasehold Flats - Examples of Questions you should consider before Purchasing
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What prohibitions are contained in the Chandlers Ford Lease? On the whole the cost for major works tend not to be built into the service charges, although some managing agents in Chandlers Ford obliged tenants to pay into a sinking fund created for the specific intention of building a fund for major works. The prefered form of lease structure is a share of the freehold. In this arrangement the lessees enjoy control and notwithstanding that a managing agent is often employed where it is larger than a house conversion, the managing agent is directed by the tenants.