Me and my brother own a semi-detached Edwardian property in Portsmouth. Conveyancing practitioner represented me and Leeds Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Portsmouth and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing practitioner who conducted the conveyancing.
About to purchase a new build apartment in Portsmouth. Conveyancing is a frightening process 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 are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Portsmouth
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
What does commercial conveyancing in Portsmouth cover?
Portsmouth conveyancing for business premises incorporates a wide array of advice, provided by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I am using a search engine for the phrase cheap conveyancing in Portsmouth it brings up many conveyancerslocally. With so much choice what is the best way to find the suitable conveyancer for me?
The preferential way of choosing the right conveyancer is through a trusted referral, so ask friends and relatives who have bought a property in Portsmouth or a local estate agent or financial adviser. Fees for conveyancing in Portsmouth differ, so it's sensible to secure at least four fee estimates from different conveyancers. Be sure to secure confirmation that the charges are assured not to to be inflated.
I own a leasehold house in Portsmouth. Conveyancing and Barnsley Building Society mortgage are in place. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Portsmouth who acted for me is not around. Any advice?
The first thing you should do is make enquiries of the Land Registry to be sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Portsmouth conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Portsmouth Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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How many of the leaseholders are in arrears for their maintenance charge payments? Most Portsmouth leasehold properties will have a service charge for maintenance of the building set by the management company. If you buy the property you will have to meet this amount, usually quarterly accross the year. This can be anything from a few hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all likelihood there will be a ground rent for you to pay yearly, normally this is not a large amount, say around £50-£100 but you should to check it because occasionally it can be surprisingly expensive. Best to be warned whether window replacement or some other major work is anticipated that will be shared by the leasehold owners and could well materially increase the the maintenance costs or necessitate a one off invoice.
Been reading online that Portsmouth solicitors are more costly than Portsmouth conveyancers in Portsmouth when it comes to purchasing a property. So is it better if I use a conveyancer or a solicitor where I am buying for my home move in Portsmouth.
When it comes to conveyancing in Portsmouth the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.