I was told today by my financial adviser that my Totton the law firm I have appointed is not on the lender Conveyancing panel. How can I be certain if this is indeed the case?
The sensible course of action for you to take is to contact your Totton lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
We note that you have a post code search directory identifying firms on the Virgin Money conveyancing panel. Do companies pay you a commission if I retain them for our conveyancing in Totton?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Totton.
Will commercial conveyancing searches disclose proposed roadworks that may affect a commercial site in Totton?
Many commercial conveyancing solicitors in Totton will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Totton. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Totton.
For every commercial conveyancing transaction in Totton it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Totton commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Totton.
Due to the encouragement of my in-laws I had a survey completed on a property in Totton ahead of retaining solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor has said that some banks tend refuse to issue a loan on such a premises.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Totton. Conveyancing will be smoother if you use a solicitor in Totton especially if they are accustomed to such properties in Totton.
I have just started marketing my 2 bed apartment in Totton. Conveyancing is yet to be initiated, however I have recently received a yearly maintenance charge demand – Do I pay up?
It best that you clear the invoice as you normally would given that all rents and service invoices should be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I purchased a basement flat in Totton, conveyancing was carried out 10 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Totton with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease expires on 21st October 2080
With just 59 years remaining on your lease the likely cost is going to be between £20,900 and £24,200 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more detailed due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.
What type of conveyancing services do Totton conveyancing firms deal with?
Almost all Totton conveyancing solicitors manage to offer a number of legal advice to home and land owners, sellers, investors, freeholders and tenants and you can expect them to offer expert advice on some of the following services:
Standard residential sale conveyancing in Totton or throughout the rest of the country
Domestic purchase conveyancing in Totton and beyond
First registrations Islamic Compliant Finance including sales, purchases and refinances Equity Release conveyancing Conveyancing for builders and developers