I need some fast conveyancing in Bournemouth as I have a deadline to exchange contracts within 3 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save money and time?

If.Given you are not getting a mortgage you have the choice not to do searches although no law firm would recommend that you don't. With plenty of history conveyancing in Bournemouth the following are instances of issues that can arise and therefore impact market value: Enforcement Notices, Overdue Fees, Overdue Grants, Unadopted Roads,...

Just acquired a terraced house in Bournemouth , What is the estimated time for the Land Registry to record the transfer to my name? My Bournemouth conveyancing solicitor works at snail pace, so I want to be certain that my ownership is registered.

There is nothing unique about conveyancing in Bournemouth registration formalities. Rather than based on location, timescales can differ according to who lodges the application, whether there are errors and whether the Land registry must send notices to any 3rd parties. As of today approximately 80% of such applications are fully addressed within two weeks but occasionally there can be protracted delays. Historically registration occurs once the buyer is living at the property therefore an expedited registration is not always an essential issue yet where it is urgent that the the registration takes place urgently then you or your conveyancer should contact the land registry and explain the circumstances.

I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Bournemouth is where the house is located. What do you suggest?

Flying freeholds in Bournemouth are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bournemouth you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bournemouth 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 premises.

In what way does the Landlord & Tenant Act 1954 affect my commercial property in Bournemouth and how can your lawyers assist?

The particular law that you refer to affords security of tenure to commercial leaseholders, granting the legal entitlement to make a request to court for a renewal lease and remain in occupation at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act for protection and handle your commercial conveyancing in Bournemouth

I am hoping to put an offer on a small detached house that seems to be perfect, at a reasonable figure which is making it all the more appealing. I have subsequently discovered that the title is leasehold as opposed to freehold. I am assuming that there are issues buying a leasehold house in Bournemouth. Conveyancing advisers have are soon to be instructed. Will they explain the issues?

The majority of houses in Bournemouth are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. We note that you are buying in Bournemouth in which case you should be looking for a Bournemouth conveyancing practitioner and check that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example obtaining the landlord’spermission to carry out alterations. You may also be required to pay a service charge towards the upkeep of the estate where the house is part of an estate. Your lawyer should advise you fully on all the issues.

I am the registered owner of a split level flat in Bournemouth, conveyancing having been completed in 1999. How much will my lease extension cost? Corresponding flats in Bournemouth with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease comes to an end on 21st October 2078

With only 53 years unexpired we estimate the price of your lease extension to span between £27,600 and £31,800 plus professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.