I am getting a offer of a home loan from Nat West. I intend to retain the legal services of a Licensed Conveyancer in Lee On The Solent. Does the Nat West Conveyancing panel exclude conveyancers regulated by the CLC?

The Nat West conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Lee On The Solent?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Lee On The Solent. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How does conveyancing in Lee On The Solent differ for new build properties?

Most buyers of new build premises in Lee On The Solent contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is finished. This is because builders in Lee On The Solent typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Lee On The Solent or who has acted in the same development.

We are four weeks into a freehold purchase having been referred to a firm by the estate agent to execute conveyancing in Lee On The Solent. I am am starting to be disappointed with the quality of service. Could you you assist me in finding new lawyers?

A solicitor would have to be really bad to suggest diss instructing them. Has the loan offer been generated? If so you need to inform them of the replacement solicitor and get the offer are re-sent. Your new solicitor ideally should be on the lenders approved list to avoid supplemental costs and delays. That should be your starting point. Our find a solicitor tool will assist you in finding a lender approved solicitor for your home move in Lee On The Solent

I’m about to sell my 2 bed flat in Lee On The Solent. Conveyancing solicitors are to be appointed soon, however I have just received a quarterly maintenance charge demand – what should I do?

Your conveyancing lawyer is likely to suggest that you should clear the service charge as usual because all ground rent and maintenance invoices should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents 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. Having a clear account will assist your cause and will leave you no worse off financially.

Lee On The Solent Leasehold Conveyancing - Examples of Questions you should ask Prior to buying

This question is important as a) areas can cause problems in the block as the communal areas may begin to deteriorate if maintenance are not paid for b) if the leasehold owners have an issue with the running of the building you will want to have full disclosure Many Lee On The Solent leasehold flats will incur a service bill for maintenance of the block set by the landlord. Should you buy the property you will have to pay this contribution, usually periodically during the year. This may be anything from a couple of hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a rentcharge for you to pay annual, normally this is not a exorbitant figure, say about £50-£100 but you should to check as occasionally it could be prohibitively expensive. The best form of lease structure is a share of the freehold. In this scenario the lessees enjoy control and notwithstanding that a managing agent is frequently employed if the building is bigger than a house conversion, the managing agent is directed by the tenants.