Can you explain why leasehold purchase conveyancing in Highcliffe costs more?
Highcliffe leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
My fiancee and I are in the throws of looking at houses in Highcliffe and I am about to put in an offer. Is it too early to have a solicitor in place? I am planning to take a mortgage with TSB.
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. Given that you are seeking a mortgage with TSB, ask your prospective lawyers if they are on the TSB conveyancing panel otherwise they can't do the mortgage legal work.
I have paid off my mortgage with Aldermore. I assume I don't need a Highcliffe property lawyer on the Aldermore panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Aldermore mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Aldermore mortgage from the register. Aldermore, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Aldermore has sent the Land Registry the discharge electronically, and
- Aldermore has instructed the Land Registry to do so
After what seems like an age I have had an offer on a flat in Highcliffe accepted, but there is a chain. The vendors have put an offer on a flat, but it’s not yet agreed to, and have viewings of other apartments booked. I have instructed a bricks and mortar conveyancing solicitor in Highcliffe. What should be my next step? When should I get the mortgage application with Co-operative started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of £1k, then survey, Highcliffe conveyancing search fees, etc). The first course of action is to ensure that your solicitor is on the Co-operative approved list. Concerning the next phase this very much depends on the uniqueness of your transaction, attraction to the property and on the state of the market. During a buoyant market many buyers would apply for a home loan with Co-operative and pay for the valuation and only if it was satisfactory would they pay their solicitor to press on with the conveyancing in Highcliffe.
A colleague advised me that where I am purchasing in Highcliffe I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally quoted for as part of the standard Highcliffe conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Highcliffe around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Highcliffe Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Highcliffe Education with maps and statistics, Local Amenities and other useful information about Highcliffe.
How does conveyancing in Highcliffe differ for newly converted properties?
Most buyers of new build residence in Highcliffe contact us having been asked by the builder to sign contracts and commit to the purchase even before the residence is built. This is because developers in Highcliffe tend to buy the site, 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 Highcliffe or who has acted in the same development.
How can the Landlord & Tenant Act 1954 affect my business property in Highcliffe and how can your lawyers assist?
The particular law that you refer to affords a safeguard to commercial lessees, granting the a statutory right to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and assist with commercial conveyancing in Highcliffe
I see that you have a search directory listing firms on the bank conveyancing panel. Do Highcliffe conveyancing companies pay you a commission if I appoint them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Highcliffe.