Is there a reason to instruct a Hedge End conveyancing firm when web based alternatives are cheap by comparison?
By all means make sure that you contrast conveyancing costs in Hedge End and you should seek an affordable quote but don’t waste your energy hunting for the lowest priced Hedge End conveyancer. Appointing the right conveyancer can be the difference between a seamless and a stressful house move. It is important that you ensure that you have expert guidance from a specialist conveyancer. An e-mail can never be as helpful as a phone discussion and are no substitute for a face to face consultation. Our partner firms will find you a qualified and trusted conveyancing solicitor who can tackle your conveyancing from from the outset to completion, providing a level of hand holding that you will never get with an web based conveyancer. Our lawyers will update you as to progress and keep you informed. Should you need to phone the office you will be sure who you need to speak to and they will be sure you are in the know.
I'm the sole beneficiary of my late mum's will and I have everything in my name alone, including the house in Hedge End. The Hedge End property was put into my name in February. I plan to dispose of the house. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship could be regarded the same way as if I'd bought the house in February. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. many banks would take a practical view as this provision is primarily there to identify subsales or the flipping of properties.
Completion of my purchase has taken place for my property in Hedge End. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
After much negotiation I have agreed a price on an apartment in Hedge End. My mortgage broker pressured me to appoint their conveyancing practitioner. I paid an advanced payment of £225. A few days later, the property lawyer called me sheepishly admitting that they were not on the UBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the UBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Will commercial conveyancing searches reveal proposed roadworks that may affect a commercial property in Hedge End?
Many commercial conveyancing solicitors in Hedge End will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Hedge End. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Hedge End.
For each commercial conveyancing transaction in Hedge End it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Hedge End commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Hedge End.
three months have elapsed since my purchase conveyancing in Hedge End concluded. I have checked the Land Registry site 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 residence 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.
I am looking for a flat up to £245,000 and found one near me in Hedge End I like with a park and transport links nearby, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Hedge End suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a home loan that many years will be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
Estate agents have just been given the go-ahead to market my garden apartment in Hedge End. Conveyancing has not commenced, however I have recently had a quarterly maintenance charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should discharge the maintenance contribution as usual because all rents and service charges should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I purchased a 1st floor flat in Hedge End, conveyancing formalities finalised in 2012. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Hedge End with a long lease are worth £190,000. The average or mid-range amount of ground rent is £65 per annum. The lease runs out on 21st October 2086
With just 61 years left to run we estimate the price of your lease extension to span between £19,000 and £22,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.