We were just about to sign contracts for a ground floor flat in Eastleigh. We have hit a snag. Our mortgage offer with Yorkshire Building Society runs out on 9/12/2024 but the owners are putting forward a completion date of 11/12/2024. Can one extend the mortgage offer?
The best person to deal with your question is your lawyer who will determine whether they should be discussing with the lender, seller’s representatives, estate agents or indeed all three given the circumstances your transaction as of today.
Can I use your services to recommend a Conveyancing solicitor in Eastleigh even if I’m not purchasing or disposing of a house, for instance if I wish to acquire an office in Eastleigh with a mortgage from National Westminster Bank?
Our search tool is primarily there to help choose domestic conveyancing solicitors in Eastleigh but we have listed towards the bottom of this page some Eastleigh commercial conveyancing firms. You will need to make contact with the firm directly to see if they can also act for National Westminster Bank
I bought my apartment on 4 March and the transaction details is yet to be registered. Need I be worried? My conveyancing solicitor in Eastleigh said it should be concluded in less than a month. Are titles in Eastleigh uniquely lengthy to register?
As far as conveyancing in Eastleigh is concerned, registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can adjust according to who lodges the application, whether it is in order and whether the Land registry must send notices to any interested persons or bodies. At present approximately three quarters of submission are fully dealt with within two weeks but occasionally there can be protracted delays. Registration occurs after the buyer is living at the property therefore registration formalities is not always top priority yet if it is urgent that the the registration takes place urgently then you or your lawyers could contact the land registry and explain the circumstances.
I am buying a new build flat in Eastleigh. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Eastleigh
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Eastleigh is where the house is located. Can you offer any guidance?
Flying freeholds in Eastleigh are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Eastleigh you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Eastleigh may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
In what way does the Landlord & Tenant Act 1954 impact my business premises in Eastleigh and how can your lawyers assist?
The particular law that you refer to affords security of tenure to business leaseholders, granting the a statutory right to make a request to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Eastleigh is one of our many areas of the UK in which the firms we work with are located