Our family lawyer has sent a quote for £1400 for no completion no fee conveyancing in Liphook. I’m hoping to sell a Edwardian detached home for £300,000. Are the quoted fees excessive? Is it above what I should be paying for conveyancing in Liphook?
The charges are a tad high. If you are happy to spend time contrasting charges you could decrease the fees slightly by as much as £100 plus VAT. On the other hand, you couldcome to regret opting for an an unknown lawyer. If is important to enquire that the conveyancer can act for your bank. You can utilise our search tool to find a Liphook conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Liphook.
My friend recommended that where I am buying in Liphook I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes included in the estimate for your Liphook conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Liphook around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Liphook Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding Liphook.
The deeds to my house are lost. The lawyers who did the conveyancing in Liphook 4 years ago have long since closed. Will I be able to sell the house?
You no longer need to have the physical deeds to establish that you own the land or premises, given that the Land Registry have everything they need in a digital format.
About to purchase a new build flat in Liphook. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Liphook
-
There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan.
Over the last few months I have been searching for a leasehold apartment up to £305k and identified one close by in Liphook I like with open areas and station in the vicinity, however it only has 52 years on the lease. I can't really find anything else in Liphook suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
My wife and I purchased a leasehold flat in Liphook. Conveyancing and Santander mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Liphook who acted for me is not around. Do I pay?
The first thing you should do is make enquiries of the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Liphook conveyancing lawyer to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Liphook Conveyancing for Leasehold Flats - Examples of Queries Prior to buying
-
How many of the leaseholders are in arrears for their maintenance charge payments? The best form of lease arrangement is a share of the freehold. In this arrangement the lessees benefit from control and even though a managing agent is often employed if the building is larger than a house conversion, the managing agent acts for the leaseholders themselves.