We are planning to purchase with Coventry BS. We have called around locally but cant to find a Bursledon conveyancing firm on the Coventry BS approved list. Can you help?
Feel free to make the most of the search tool on this site. Please choose the building society and type Bursledon or your location and you will see numerous solicitors based in Bursledon or near you.
A friend pointed out to me me that in purchasing a property in Bursledon there could be various restrictions prohibiting external alterations to the property. Is this right?
We are aware of a number of properties in Bursledon which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Bursledon should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is it correct that all Bursledon CQS (Conveyancing Quality Scheme) solicitors are on the Bank of Ireland conveyancing list of approved practices?
A selection of lenders now make use of the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
When it comes to lenders such as HSBC, do Bursledon conveyancers incur an annual charge to be on the list of approved solicitors?
We are not aware of any bank fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
Will our conveyancer be making enquiries about flooding as part of the conveyancing in Bursledon.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Bursledon. There are those who purchase a property in Bursledon, completely aware that at some time, it may be flooded. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the property. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Lawyers are not best placed to give advice on flood risk, but there are a numerous searches that may be initiated by the buyer or on a buyer’s behalf which can give them a better understanding of the risks in Bursledon. The conventional set of information given to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard question of the owner to determine if the property has historically flooded. If the residence has been flooded in past which is not disclosed by the vendor, then a buyer may bring a claim for damages stemming from an incorrect reply. The buyer’s lawyers will also carry out an enviro report. This should reveal whether there is a recorded flood risk. If so, additional investigations should be carried out.
I am looking for a ground for flat up to £245,000 and found one close by in Bursledon I like with open areas and railway links nearby, however it's only got 52 years on the lease. I can't really find anything else in Bursledon in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a home loan that many years will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
What does commercial conveyancing in Bursledon cover?
Non domestic conveyancing in Bursledon incorporates a broad array of advice, offered by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
I own a leasehold house in Bursledon. Conveyancing and Chelsea Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing solicitor in Bursledon who acted for me is not around. Any advice?
The first thing you should do is make enquiries of HMLR to make sure that this person is indeed the new freeholder. You do not need to instruct a Bursledon conveyancing firm to do this as you can do this on the Land Registry website for a few pound. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Leasehold Conveyancing in Bursledon - Sample of Questions you should ask before Purchasing
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The answer will be useful as a) areas could cause problems in the block as the communal areas may start to deteriorate if maintenance remain unpaid b) if the leaseholders have a dispute with the managing agents you will need to have all the details The best form of lease arrangement is a share of the freehold. In this arrangement the lessees enjoy control and even though a managing agent is often employed where it is larger than a house conversion, the managing agent acts for the leaseholders themselves. How much is the yearly service fee and ground rent?