I am in need of a property lawyer. Do I opt for an internet conveyancer rather than a high street Eastleigh conveyancing lawyer?
Existing third party relationships are another important factor to consider when choosing conveyancing solicitors. Eastleigh conveyancers often have long term relationships with mortgage brokers and Eastleigh, local authorities, valuers and other conveyancing firms meaning the whole process is going to be much more straightforward for you. Hosting specialist intelligence of the local area is an advantage.
The sellers of the home we are hoping to buy are using a conveyancing solicitor in Eastleigh who has insisted on a preliminary agreement with a down payment 6,000. Are such arrangements appropriate for Eastleigh conveyancing transactions?
Lock out agreements are contracts binding a property seller and prospective acquirer giving the buyer a ‘clear field’ to the sale of the premises within an agreed time frame. Essentially, a lock out is a document stating that you should have a contract at a later time which is the contract for the actual sale. It is generally used for buyer assurance though in many situations, the proprietor may enjoy an upside from such agreements as well. There are many positives and negatives to using an agreement but you should to check with your solicitor but note that it may result in costing you extra in conveyancing charges. In light of this these contracts are not popular in relation to conveyancing in Eastleigh.
My uncle passed away last year and as sole heir and executor I was left the property in Eastleigh. The house had a relatively small loan remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to TSB, pay off the mortgage. Is this possible?
Given you plan to refinance then TSB will require that you use a conveyancer on the TSB conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your TSB conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the TSB mortgage is registered as a charge at the Land Registry.
It has been 4 months since my purchase conveyancing in Eastleigh completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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 property 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.
My father has suggested that I use his lawyers for conveyancing in Eastleigh. Should I choose my own property lawyer?
No doubt the ideal way to select a conveyancing lawyer is to have guidance from friends or family who have used the firm you're considering.
Having checked my lease I have discovered that there are only 72 years remaining on my flat in Eastleigh. I need to get lease extension but my landlord is missing. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. However, you will be required to prove that you or your lawyers have made all reasonable attempts to track down the lessor. On the whole an enquiry agent may be useful to carry out a search and prepare an expert document to be used as evidence that the landlord can not be located. It is wise to seek advice from a solicitor both on proving the landlord’s disappearance and the application to the County Court covering Eastleigh.
Eastleigh Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to Purchasing
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You should be aware if it is fewer than eighty years it will have adverse implications on the value of the property. It is worth checking with your mortgage company that they are willing to to proceed given the lease term. Leases with less than 80 years remaining means that you will most likely have to extend the lease sooner rather than later and it is worth finding out what this would cost. For most Eastleighlease extensions you would be required to have been the owner of the premises for two years before you are legally able to exercise a lease extension. Best to be warned whether redecorating or some other major work is anticipated to be shared amongst the leaseholders and will dramatically increase the the maintenance costs or result in a one off payment.