My IFA says he needs my Brockenhurst law firm’s panel member for the Lloyds conveyancing panel. How do I find this out. I have e-mailed my local Brockenhurst branch but they cant find it on their system.
You are best placed to get this information from your Brockenhurst conveyancing practitioner . They should have a central record lender panel numbers.
It has been four months since my purchase conveyancing in Brockenhurst concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a leasehold apartment up to £305k and found one round the corner in Brockenhurst I like with a park and railway links in the vicinity, however it's only got 51 years on the lease. I can't really find anything else in Brockenhurst suitable, so just wondered if I would be making a grave error buying a short lease?
Should you need a home loan that many years will likely be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
Are there any apps to help locate a Brockenhurst law firm on the Chelsea Building Society conveyancing panel? I have a car and am happy to travel upto 20miles to meet the solicitor.
Feel free to make use of the search on this website. Please pick a mortgage company and your location and you will see a number of Brockenhurst conveyancing lawyers located nearest you. We have detailed some Brockenhurst conveyancing firms at the bottom of this page and you can contact them to check if they are on the Chelsea Building Society member panel
I need to find a conveyancing solicitor for remortgage conveyancing in Brockenhurst. I have chance upon a web site which seems to have the ideal solution If it is possible to get all the legals done via phone that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I've recently bought a leasehold property in Brockenhurst. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation 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 be sure 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).
Brockenhurst Leasehold Conveyancing - Examples of Queries Prior to Purchasing
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What prohibitions are there in the Brockenhurst Lease? Please note if it is fewer than eighty years it will affect the salability of the property. It is worth checking with your lender that they are happy with remaining years on the lease. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth discovering what this would cost. Remember, in most cases you would need to own the residence for 24 months in order to be legally able to exercise a lease extension. Its a good idea to find out as much as possible concerning the company managing the building as they can either make life much simpler or much more difficult. As the owner of a leasehold property you are often at the mercy of the managing agents both financially and when it comes to practical issues such as the upkeep of the communal areas. Enquire of other tenants if they are happy with their management. Finally, find out the dates that you are obliged pay the maintenance charge to the relevant party and precisely how they are spending the funds.