I'm in the process of swapping over from my domestic mortgage to a Buy to Let Barclays mortgage. I have been informed by my broker that I must appoint a conveyancer as part of the process. I spoke to the same Bitterne conveyancing practitioner who acted on my behalf when I originally purchased the house. The quote sent of £575 plus disbursements has taken me by surprise as I am not require purchase conveyancing - it’s just a bog-standard refinance.
The estimate fees are a tad high. If you you were to look around you could reduce the fees slightly by perhaps £125. That being said, if you were satisfied with the conveyancing the firm offered you couldcome to rue opting for an an unknown lawyer. Don't forget to ensure that the solicitor can represent Barclays . Do make use of our search tool to find a Bitterne conveyancing firm on the Barclays member panel, which can often include conveyancing solicitors in Bitterne.
Completed the sale of my flat in Bitterne last October yet the purchaser is SMS messaging every few hours to moan that their conveyancer needs to hear from mine. What are the post completion sale legalities following completion?
Following your house sale your lawyer should send the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor should also send confirmation that the mortgage has been discharged to the purchasers conveyancers. There is unlikely to be post completion tasks just for conveyancing in Bitterne.
About to place a bid on a leasehold property in Bitterne. The estate agents say that it is normal for flats in Bitterne to have less than 75 years unexpired on the lease. I am expecting a loan with Virgin. Is this going to be acceptable if the lease has Seventy One years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 7/12/2024 the requirements read as follows :
My friend recommended that where I am purchasing in Bitterne I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Bitterne conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Bitterne around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Bitterne Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data about Bitterne.
About to purchase a new build flat in Bitterne. Conveyancing is a frightening process 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 conveyancing.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Bitterne
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants.