I am obtaining a mortgage offer from Santander. My intention is to enlist the help of a Licensed Conveyancer in Hedge End and Botley. Does the Santander Conveyancing panel allow for Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
Is it realistic for conveyancing in Hedge End and Botley to be completed in under a month?
First, If you are under time constraints for your conveyancing we would recommend that your conveyancer is familiar with the location as they will have local contacts and insight. It is possible that they could have transacted previoushomes in the same street. You would be best advised to use a Hedge End and Botley conveyancing lawyer. In addition, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is believed that 18% of Hedge End and Botley conveyancing deals are held up or jeopardised after finding out that a purchaser’s lawyer was not on their mortgage lender’s list of approved solicitors. This can often result in the transaction being held up by almost three weeks. It is estimated that this issue impacts approximately one hundred thousand home moves every year. Most Hedge End and Botley conveyancing practices can not represent certain mortgage companies so do check as early as possible.
I own a freehold house in Hedge End and Botley but nevertheless charged rent, why is this and what is this?
It is rare for properties in Hedge End and Botley and has limited impact for conveyancing in Hedge End and Botley but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I am close to exchanging contracts on the sale of our house in Hedge End and Botley and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers instructed a web based conveyancing firm as opposed to a conveyancing solicitor in Hedge End and Botley. We have lived in Hedge End and Botley for many years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
What does commercial conveyancing in Hedge End and Botley cover?
Non domestic conveyancing in Hedge End and Botley covers a broad range of guidance, given by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
I pay a maintenance contribution for my flat in Hedge End and Botley. Due to losing my job and other issues I slipped into arrears with remittance. I negotiated a payment schedule but there is still two outstanding at the current time.
I now wish to sell and I am concerned this may threaten to derail the sale if I have to settle the arrears in advance. I'd like to sell up and subsequently pay them back with the proceeds - is this viable?
The lawyer dealing with your Hedge End and Botley sale should be in a position to negotiate with the management company, with a new to seeing if they would accept settlement out of the completion monies. Here is indicative of why it might be good to use a property lawyer in Hedge End and Botley as they may well enjoy an established relationship with the parties.