I hired a high street lawyer for my conveyancing in Hedge End last week. Looking through the Ts and Cs I noteI am liable for fees even if the sale doesn't happen. Should I go with them or appoint a web based conveyancing brokerage who offer no-sale-no-fee conveyancing in Hedge End?
It is usually ‘give and take’ in that if "No Completion No Fee" is offered then the fee levels will generally be uplifted to neutralise those conveyances that fail to complete. Please beware that such arrangements generally do not cover disbursements such as Hedge End conveyancing search expenses.
It has been five months since my purchase conveyancing in Hedge End took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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 property 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.
About to purchase a new build apartment in Hedge End. Conveyancing is daunting 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 is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Hedge End
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Please confirm the Lease plans are architect prepared. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. 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. There must be mutual enforceability of lessee’s covenants.
I am looking for a ground for flat up to £235,500 and identified one close by in Hedge End I like with open areas and station nearby, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Hedge End for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term will likely be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
I'm refinancing my current property to a BTL loan with Santander and I will use the ballance of the raised equity towards another house. The area we are interested in is Hedge End. Will your conveyancers be able to act for the two banks and link together the conveyances?
Do use our comparison tool on this page to ensure that the lawyers are approved by both lenders. On the basis that they are the conveyancer should be able to tie up the two deals but you should talk with you solicitor and make apparent your desired outcome and requirements.
Are all Hedge End legal practices on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can pop into your high street lender branch in Hedge End. the probability is that they will be in a position to suggest some approved conveyancing solicitors in Hedge End