It is 10 years ago since I acquired my house in New Milton. Conveyancing lawyers have now been appointed on the sale but I can't locate the deeds. Is this a major issue?
You need not be too concerned. First there is a possibility that the deeds will be kept by your mortgage company or they may be archived with the lawyers who oversaw the purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers procuring up to date copy of the land registers. Almost all conveyancing in New Milton relates to registered property but in the unlikely event that your home is not registered it is more tricky but is not insurmountable.
We are planning to purchase with Coventry BS. We have called around locally yet am struggling to find a New Milton conveyancing firm on the Coventry BS approved list. Can you assist?
Feel free to make the most of the search tool on this web page. Please choose the mortgage company and type New Milton or your preferred area and you will discover a number of lawyer offices in New Milton or by proximity to you.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a quick, chain free conveyancing. New Milton is where the house is located. Can you offer any guidance?
Flying freeholds in New Milton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside New Milton 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 New Milton may decide 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 residence.
We are one month into a residential purchase having been directed to a firm by the estate agent to execute conveyancing in New Milton. I am not happy. Can you help me find new conveyancers?
A solicitor would need to be really poor to suggest diss instructing them. Has your mortgage been generated? In the event that it has you must inform them of the replacement lawyer and get the offer are re-sent. The solicitor ideally should be on the mortgage company approved list to avoid supplemental fees and complications. So that should be your starting point. The find a solicitor tool can help you find a lender approved solicitor for your conveyancing in New Milton
I have recently realised that I have Seventy years left on my flat in New Milton. I now wish to get lease extension but my landlord is absent. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. However, you will be required to demonstrate that you have used your best endeavours to find the landlord. In some cases an enquiry agent should be helpful to conduct investigations and prepare an expert document to be used as proof that the landlord is indeed missing. It is wise to seek advice from a conveyancer both on investigating the landlord’s absence and the application to the County Court overseeing New Milton.
I purchased a studio flat in New Milton, conveyancing was carried out in 2010. How much will my lease extension cost? Corresponding flats in New Milton with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £65 yearly. The lease finishes on 21st October 2083
With only 61 years left to run we estimate the premium for your lease extension to range between £19,000 and £22,000 plus professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.
My estate agent has suggested using their conveyancing practitioner for our conveyancing in New Milton - won’t it be advisable to just instruct them?
It is not always the case and you are at liberty to opt for whichever property lawyer you decide for your New Milton conveyancing. The lawyer recommended by a 3rd party adviser may not necessarily be the best property lawyer, they may recommend their preferred conveyancing firm who are based far away. In this instance you may not have contact with your conveyancing practitioner and due to the lack of continuity in the transaction, it may be difficult to obtain updates.