Are the Eastney and Southsea conveyancing solicitors identified as being on the RBS conveyancing panel, together with their details provided by RBS?
Eastney and Southsea conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.
How do I check that the solicitor carrying out my conveyancing in Eastney and Southsea is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for The Royal Bank of Scotland thus spending £192.00 in supplemental conveyancing invoice.
You should make use of the search tool on this site. Pick the lender and type ‘Eastney and Southsea’ or your preferred area and you will see a number of lawyer offices in Eastney and Southsea or by proximity to you.
It has been 3 months following my purchase conveyancing in Eastney and Southsea concluded. I have checked the Land Registry website which shows that I paid £150,000 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 property I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Eastney and Southsea is where the house is located. Is there any advice you can impart?
Flying freeholds in Eastney and Southsea are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Eastney and Southsea you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Eastney and Southsea may ascertain 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 property.
How can the Landlord & Tenant Act 1954 affect my commercial property in Eastney and Southsea and how can your lawyers assist?
The particular law that you refer to gives protection to business leaseholders, giving them the a statutory right to apply to court for a renewal lease and continue in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Eastney and Southsea is one of the hundreds of locations in which the firms we work with are based
Expecting to sign contracts shortly on a leasehold property in Eastney and Southsea. Conveyancing lawyers have said that they will have a report out to me within the next couple of days. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Eastney and Southsea should include some of the following:
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You would want to receive a copy of the lease Who has the liability to repair and maintain the building. It is important for you to know which party is liable for the repair and maintenance of all parts of the block and estate Whether your lease caters for for a sinking fund? Will you be prohibited or prevented from having pets in the property? Specifying your rights in relation to the communal areas in the block.For example, does the lease grant a right of way over a path or staircase?
I am the registered owner of a studio flat in Eastney and Southsea, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Eastney and Southsea with a long lease are worth £255,000. The ground rent is £45 per annum. The lease finishes on 21st October 2098
You have 73 years left to run we estimate the price of your lease extension to range between £8,600 and £9,800 as well as legals.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns 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 placing reliance on this information before getting professional advice.