My IFA says he needs my Southmead law firm’s panel reference for the Santander conveyancing panel. Can you suggest how I obtain this. I have tried my local Southmead office but they don't know it.
Have you tried speaking to your Southmead conveyancing practitioner about this?. They keep a central record lender panel numbers.
I have given 8 weeks notice to my current landlord and have to be out of my rented property in Southmead by the end of next month. Conveyancing for my house purchase has just started. How realistic is it to complete in six weeks as I wish to avoid having to find temporary accommodation?
The normal practice is not to give notice on a rental until exchange of contracts has taken place. If you have not previously done so, contact to your solicitor and urge them to they chase the sellers solicitors, try to get a realistic time scale from them that all parties will look to achieve
Despite weeks of looking the Title Certificate and documents to my house are lost. The lawyers who did the conveyancing in Southmead 5 years ago no longer exist. What do I do?
Nowadays there are copies made of almost everything, and your conveyancer will be aware precisely where to locate all the suitable paperwork so you can purchase or sell your property without a hitch. If duplicates are not available, your conveyancer can arrange cover in the form of insurance or indemnities against future claims on the property.
Over the last few months I have been searching for a flat up to £235,500 and found one close by in Southmead I like with a park and station in the vicinity, however it only has 61 years unexpired on the lease. There is not much else in Southmead suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage the shortness of the lease will likely be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
What does commercial conveyancing in Southmead cover?
Southmead conveyancing for business premises covers a wide range of guidance, provided by qualified solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
I am intending to sublet my leasehold apartment in Southmead. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?
Some leases for properties in Southmead do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I own a 1st floor flat in Southmead, conveyancing formalities finalised in 1999. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Southmead with an extended lease are worth £255,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease expires on 21st October 2097
With just 73 years remaining on your lease we estimate the premium for your lease extension to span between £8,600 and £9,800 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.