We are acquiring our first property. Our lawyer has e-mailedto ask if we want to purchase supplemental conveyancing searches. As novices we are clueless as to what's appropriate for conveyancing in Romsey

The number and type of Romsey conveyancing searches should be triggered based entirely on the property, the location, the likelihood of any of these risks, your familiarity of the area and risks, your general approach to risk. What is important is that you properly comprehend what information the searches could supply. You may then decide if you consider that you need that search. Where you are in doubt, ask your conveyancing practitioner to advise.

I am in the process of mortgaging my home in Romsey, does my lawyer have to be on the Nottingham Solicitor panel?

In theory, you could use a solicitor that is not on the Nottingham conveyancing panel, but Nottingham would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.

In what way does the Landlord & Tenant Act 1954 impact my commercial premises in Romsey and how can your lawyers assist?

The 1954 Act gives protection to commercial lessees, giving them the a statutory right to make a request to court for a continuation of occupancy when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Romsey is one of our hundreds of locations in which the firms we work with are based

I have been sourcing a conveyancing solicitor in Romsey for my house move. Can I check a firm’s record with the profession’s regulator?

Members of the public can see presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.

When it comes to leasehold conveyancing in Romsey what are the most frequent lease defects?

There is nothing unique about leasehold conveyancing in Romsey. All leases are individual and drafting errors can sometimes mean that certain provisions are wrong. For example, if your lease is missing any of the following, it could be defective:

Insurance obligations Clauses dealing with recovering service charges for expenditure on the building or common parts.

You may encounter difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Lloyds TSB Bank, Bank of Scotland, and TSB all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to provide security, forcing the buyer to withdraw.

Romsey Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to buying

How much is the ground rent and service charge? In the main the cost for major works are not incorporated into the service charges, although a few managing agents in Romsey obliged leasehold owners to pay into a sinking fund and this is used to offset against larger works. The best form of lease structure is if the freehold interest is owned by the leaseholders. In this scenario the leaseholders have being in charge if their destiny and even though a managing agent is frequently employed if it is bigger than a house conversion, the managing agent acts for the leaseholders themselves.