Do the conveyancing lawyers Indexed on your site carry out auction conveyancing in Eastney and Southsea?

There are a few auction lawyers we can connect you with those conducting auction conveyancing. Eastney and Southsea is one of hundreds of areas of in which our lawyers have offices.

My bid for a property was accepted at auction in Eastney and Southsea. Conveyancing is needed. What happens now?

Given that you are now legally bound yourself to purchase you now have to instruct a conveyancing lawyer quickly as you will have a tight deadline in which to complete the deal. Every auction property will ordinarily have an associated auction pack. This should include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the legal papers may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to leasehold premises. You must pass this on to the lawyer instructed by you ASAP. Do make sure that you have funds in order to complete on the on the contractual date .

is it true that all Eastney and Southsea conveyancing solicitors on the Barclays conveyancing panel are regulated by the Solicitors Regulatory Authority?

As solicitors, in order to be on the Barclays conveyancing panel they would need to be governed by the SRA. The majority of banks do allow licenced conveyancers on their panel in which case such practice would be overseen by the CLC.

I am due to exchange contracts on my apartment. I had a double glazing fitted in October 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Leeds Building Society are being pedantic. The Eastney and Southsea solicitor who is on the Leeds Building Society conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Leeds Building Society are insisting on a building regulation certificate. Why do Leeds Building Society have a conveyancing panel if they don't accept advice from them?

It is probably the case that Leeds Building Society have referred the matter to their valuer. The reason why Leeds Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

I have todaybeen informed that Stirling Law have been shut down. They conducted my conveyancing in Eastney and Southsea for a purchase of a freehold house 12 months ago. How can I be sure that the property is in my name in the name of the previous owner?

The easiest method to check if the property is registered to you, you can make 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 Eastney and Southsea conveyancing specialists.

Is it best to choose a Eastney and Southsea conveyancing solicitor based in the area that I am hoping to buy? I have an old university friend who can carry out the legal work however they are based over three hundred kilometers away.

The primary upside of using a high street Eastney and Southsea conveyancing practice is that you can drop in to sign paperwork, present your ID and apply pressure on them if necessary. They will also have local knowledge which is a plus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and the majority were impressed that must trump using an unfamiliar Eastney and Southsea conveyancing lawyer just because they are Eastney and Southsea based.

Last May I purchased a leasehold flat in Eastney and Southsea. Do I have any liability for service charges for periods before my ownership?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I acquired a basement flat in Eastney and Southsea, conveyancing formalities finalised 10 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Eastney and Southsea with over 90 years remaining are worth £216,000. The ground rent is £50 invoiced annually. The lease terminates on 21st October 2093

With only 69 years left to run the likely cost is going to range between £9,500 and £11,000 as well as professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.