My wife and I have recently appointed a conveyancing solicitor in Fawley. I I am struggling to find out whether they are on the Skipton Building Society conveyancing panel. Could you help?
The first thing to do is contact your lawyer and enquire whether they can act for the bank. Otherwise please get in touch with Skipton Building Society who may be able to assist.
I acquired my home on 4 November and the transaction details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Fawley said it would be registered in less than a month. Are transfers in Fawley particularly slow to register?
As far as conveyancing in Fawley registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timescales can adjust subject to the party submitting the application, whether it is in order and whether the Land registry have to notify any other persons or bodies. As of today approximately 80% of submission are fully addressed within 12 days but occasionally there can be longer delays. Historically registration takes place after the buyer is living at the premises so an expedited registration is not always an essential issue but if there is a degree of urgency associated with the registration then you or your lawyers must communicate with the Registry to express the reasoning for the application to be prioritised.
How does conveyancing in Fawley differ for new build properties?
Most buyers of new build premises in Fawley approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is constructed. This is because builders in Fawley usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Fawley or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Fawley is the location of the property. Can you shed any light on this issue?
Flying freeholds in Fawley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Fawley you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Fawley may ascertain 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 residence.
I'm converting the mortgage on my current house to a BTL mortgage with Accord Mortgages Ltd and I will use the ballance of the raised equity as a deposit on another property. The location we are looking at is Fawley. Will your conveyancers be able to act for both sets of lenders and tie in the transactions?
Make use of our comparison tool on this page to be sure that the lawyers are on the appropriate lender panels. Having checked that they are your lawyer should be able to tie up the two deals but you should talk with you conveyancer and specify your expectations and needs.
I am in need of some leasehold conveyancing in Fawley. Before diving in I require certainty as to the unexpired term of the lease.
Assuming the lease is registered - and 99.9% are in Fawley - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a 1 bedroom flat in Fawley, conveyancing was carried out 7 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Fawley with over 90 years remaining are worth £207,000. The ground rent is £60 invoiced annually. The lease ends on 21st October 2083
You have 58 years left to run we estimate the price of your lease extension to span between £27,600 and £31,800 as well as professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.