Having been referred to your service we were about to go ahead with a conveyancing solicitor in Lee On The Solent recommended using your search tool but stumbled across some other estimates on the internet seem cheaper – how come?
There are many firms of conveyancers advertising at first sight what seems to be extremely cheap conveyancing in Lee On The Solent. Our recommendation is to think twice about how much you respect your own move to want to be penny wise pound foolish in relation to the quality of the legal work. Many of them list a cheap quote to catch your eye but hide additional charges in the small print..
Are the Lee On The Solent conveyancing solicitors identified as being on the HSBC conveyancing panel, together with their details provided by HSBC?
Lee On The Solent conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
I have been recommended a conveyancing solicitor in Lee On The Solent. I I would like to check whether they are on the Lloyds TSB Bank approved list of lawyers. Can you or the lender confirm if they are on the panel?
The first thing you should do is call your conveyancer and ask them whether they are on the lender panel. Alternatively please get in touch with Lloyds TSB Bank who may be able to confirm.
A relative recommended that where I am purchasing in Lee On The Solent I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes included in the estimate for your Lee On The Solent conveyancing searches. It is not a small report of about 40 pages, listing and setting out important information about Lee On The Solent around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Lee On The Solent Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful data concerning Lee On The Solent.
I am attracted to a couple of flats in Lee On The Solent which have in the region of 50 years remaining on the leases. Will this present a problem?
A lease is a right to use the premises for a prescribed time frame. As the lease gets shorter the value of the lease reduces and it becomes more expensive to acquire a lease extension. For this reason it is often a good idea to increase the term of the lease. It is often difficult to sell a property with a short lease because mortgage companies may be unwilling to lend money on such properties. Lease extension can be a difficult process. We recommend you get professional assistance from a solicitor and surveyor with experience in this arena.
I purchased a 2 bed flat in Lee On The Solent, conveyancing having been completed 7 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Lee On The Solent with over 90 years remaining are worth £211,000. The ground rent is £50 invoiced annually. The lease ceases on 21st October 2091
You have 68 years remaining on your lease we estimate the price of your lease extension to be between £9,500 and £11,000 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.
I am looking for Lee On The Solent conveyancing quotes online. Can I be sure that all the Lee On The Solent practices that are listed on your website are on the mortgage company conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have advised us that they are on the mortgage company panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a bank or a member of the public that the data about a specific Lee On The Solent conveyancing solicitor being on the mortgage company conveyancing panel is incorrect.