I have been told that property searches are the primary reason for hinderance in Lee On The Solent house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in Lee On The Solent.
I decided to have a survey done on a property in Lee On The Solent before retaining solicitors. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies may refuse to give a loan on such a property.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Lee On The Solent. Conveyancing may be slightly more expensive based on your lender's requirements.
In what way can the Landlord & Tenant Act 1954 affect my business premises in Lee On The Solent and how can you help?
The particular law that you refer to provides protection to business tenants, granting the dueness to apply to court for a renewal tenancy and continue in occupation when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and assist with commercial conveyancing in Lee On The Solent
My wife and I purchased a leasehold flat in Lee On The Solent. Conveyancing and Santander mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing practitioner in Lee On The Solent who previously acted has long since retired. Do I pay?
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. You do not need to incur the fees of a Lee On The Solent conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Lee On The Solent Leasehold Conveyancing - A selection of Queries Prior to Purchasing
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How long is the Lease? In the main the outlay for major works are not included within maintenance charges, albeit that a few managing agents in Lee On The Solent ask tenants to pay into a reserve fund created for the specific purpose of establishing a fund for larger repairs or maintenance.
I have been Googling for Lee On The Solent competitive conveyancing fees. Can I be sure that all the Lee On The Solent law firms that are identified on your directory are on the lender conveyancing panel?
The law firms listed on our site have assured us via an online form that they are on the bank panel and agreed to advise us to take down their listing in the event of removal off of the lender panel. To date we have not been informed by either a bank or a member of the public that the data about a specific Lee On The Solent conveyancing solicitor being on the lender conveyancing panel is incorrect.