Is the fact that my conveyancer in Fratton and Portsea is not identified on my lender's solicitor panel that there is a problem with the quality of the firm’s conveyancing?
That is more than likely a wrong assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Fratton and Portsea conveyancing firm and enquire why they are no longer on the approved list for your bank.
Do banks and building societies provide you with an approved list of Fratton and Portsea conveyancing solicitors? How do you know who is on the Nationwide conveyancing panel?
Fratton and Portsea conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.
We are close to exchanging contracts on the sale of our house in Fratton and Portsea and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Fratton and Portsea lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used an online conveyancing firm rather than a conveyancing solicitor in Fratton and Portsea. We have lived in Fratton and Portsea for 5 years we know of no issue. Do we contact our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing lawyer already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
My wife and I have a semi-detached Edwardian house in Fratton and Portsea. Conveyancing solicitor acted for me and Aldermore. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Fratton and Portsea and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing solicitor who completed the work.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Fratton and Portsea. 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 conveyancing.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Fratton and Portsea
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
I would like to rent out my leasehold apartment in Fratton and Portsea. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for their consent?
A small minority of properties in Fratton and Portsea do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.
Leasehold Conveyancing in Fratton and Portsea - Sample of Queries Prior to Purchasing
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It is important to be aware if a new roof is being installed or some other significant cost is pending to be shared amongst the tenants and may well dramatically impact the level of the service charges or necessitate a specific payment. Are any of leasehold owners in dispute over their service charge liability? What restrictions are contained in the Fratton and Portsea Lease?