I require conveyancing for an apartment in a fairly new development (6 years built) in Totton. The vast majority the appartments have already been disposed of. Is it strictly necessary to order local searches for my conveyancing in Totton?
If you are acquiring a property with the assistance of a loan, your lender will need some (many) of the searches so you'll have no choice. If not, then Totton conveyancing searches are optional. No doubt your conveyancer, will ’encourage’, perhaps in the strongest possible terms, that you should not go ahead without searches, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or you may need to find a new lawyer for your conveyancing in Totton.
I purchased a freehold house in Totton yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Totton and has limited impact for conveyancing in Totton 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 date back many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
My lender has suggested a law firm on their panel based in Totton but I would rather use a conveyancing lawyer in Totton round the corner to me. Can you help?
Not all Totton conveyancing firms are on all banks conveyancing panel. Use the above search tool to find a Totton conveyancing conveyancer on the on the mortgage company panel.
I need some quick conveyancing in Totton as I am faced with pressure to sign on the dotted line in less than 2 weeks. Fortunately I do not need a mortgage. Can I decline from having conveyancing searches to save money and time?
As you are are a mortgage free purchaser you are at liberty not to have searches carried out although no law firm would suggest that you don't. With plenty of history conveyancing in Totton the following are examples of issues that can show up and adversely impact the marketability of the property: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...
About to purchase a new build flat in Totton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Totton
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. 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.
I am hoping to put an offer on a small detached house that seems to be perfect, at a great price which is making it all the more appealing. I have subsequently found out that it's a leasehold as opposed to freehold. I am assuming that there are issues buying a house with a leasehold title in Totton. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the risks of buying a leasehold house in Totton ?
The majority of houses in Totton are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area can assist with the conveyancing process. It is clear that you are buying in Totton so you should seriously consider shopping around for a Totton conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the freeholder’spermission to conduct changes to the property. You may also be required to pay a service charge towards the upkeep of the estate where the house is part of an estate. Your solicitor will appraise you on the various issues.