My mortgage broker says he needs my Kempshott solicitor’s panel reference for the Lloyds conveyancing panel. Can you suggest how I obtain this. I have tried my local Kempshott office but they cant find it on their system.
Have you tried speaking to your Kempshott conveyancer about this?. They keep a central record lender panel numbers.
I own a freehold residence in Kempshott yet charged rent, why is this and what is this?
It’s unusual for properties in Kempshott and has limited impact for conveyancing in Kempshott 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
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 have a decision in principle. The lender mentioned the loan came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would prefer to appoint a Kempshott based conveyancing firm?
You should check but the the likelihood is that appoint one of their panel conveyancers where you accept the "fee-free" incentive. Speak to the lender and determine if they offer you a monetary alternative. Some mortgage companies have previously offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor near Kempshott.
I have justdiscovered that Arc property Solicitors have been shut down. They conducted my conveyancing in Kempshott for a purchase of a leasehold apartment 9 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?
The easiest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Kempshott conveyancing specialists.
My husband and I are FTB’s - agreed a price, but the selling agent told us that the seller will only proceed if we instruct the agent's preferred conveyancers as they want a ‘quick sale’. My instinct tells me that we should use a family conveyancer with experience of conveyancing in Kempshott
We suspect that the seller is unaware of this demand. Should the owner desire ‘a quick sale', alienating a serious purchaser is going to damage their objectives. Contact the vendors directly and make sure they understand (a)you are serious purchasers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you intend to appoint your own,trusted Kempshott conveyancing firm - as opposed tothose that will give their estate agent a introducer fee or meet his conveyancing thresholds demanded by senior management.
Having had my offer accepted I require leasehold conveyancing in Kempshott. Before I get started I want to be sure as to the unexpired term of the lease.
If the lease is recorded at the land registry - and 99.9% are in Kempshott - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I purchased a garden flat in Kempshott, conveyancing was carried out May 1995. How much will my lease extension cost? Comparable flats in Kempshott with a long lease are worth £211,000. The ground rent is £45 invoiced every year. The lease ceases on 21st October 2092
With only 67 years left to run the likely cost is going to range between £10,500 and £12,000 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.