Do I find a Licenced Conveyancer or Solicitor for conveyancing in Liphook?
There are many recorded licenced Conveyancers in Liphook and Solicitor firms in Liphook offering conveyancing We would stress that the two are regulated professionals specialising in the legal aspects of transferring property. They may both also deal with associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
How can we know in advance if a Liphook conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Liphook getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor carrying out your transaction.
I have decided to exercise my right to buy my property in Liphook off the council. I have a mortgage offer with Santander. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
What will a local search inform me concerning the property we're buying in Liphook?
Liphook conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company for instance Searches UK The local search plays a central part in most Liphook conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Liphook is where the house is located. Is there any advice you can impart?
Flying freeholds in Liphook are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Liphook you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Liphook 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 property.
I have been pointed in your direction by a few selling agents in Liphook to choose a property lawyer using your seach tool. What’s the financial upside for Estate Agents to market your lawyers ahead of another?
We don’t offer any commission for sending work in our direction. We found it would be just too difficult to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
Can you offer any advice when it comes to finding a Liphook conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a conveyancer for your lease extension (regardless if they are a Liphook conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We suggest that you speak with two or three firms including non Liphook conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be useful:
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How familiar is the firm with lease extension legislation? What volume of lease extensions has the firm completed in Liphook in the last twenty four months?
I purchased a basement flat in Liphook, conveyancing was carried out 9 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Liphook with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £60 yearly. The lease terminates on 21st October 2082
With just 57 years unexpired we estimate the premium for your lease extension to span between £28,500 and £33,000 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.
Do banks and building societies provide you with an approved list of Liphook solicitors? How do you know who is on the bank conveyancing panel?
Liphook firms and firms carrying out conveyancing in Liphook themselves provide us confirmation that they are on the lender conveyancing panel as opposed to being supplied with a list from the mortgage company directly.