I am obtaining a offer of a home loan from Lloyds. I would like to use a Licensed Conveyancer in Felpham. Does the Lloyds Solicitor panel allow for conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
Have purchased a a detached house in Felpham , how long should it take for the Land Registry to record the transfer to my name? My Felpham conveyancing solicitor works at snail pace, so I want to be sure that my ownership is registered.
There is nothing unique when it comes to conveyancing in Felpham registration formalities. As opposed to being determined by geographic area, timescales can vary subject to who lodges the application, whether it is in order and if the Land registry have to notify any third persons or bodies. Currently roughly 80% of submission are fully addressed within two weeks but occasionally there can be protracted hold-ups. Historically registration takes place once the new owner has moved in to the premises therefore an expedited registration is not usually primary concern but where it is urgent that the the registration takes place urgently then you or your solicitor should communicate with the Registry to express the reasoning for an expedited registration.
Hoping to buy a property located in Felpham and I am already nervous. I couldn't find anything specific about Felpham. Conveyancing will be needed in due course but do you know about the Felpham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Felpham. In the meantime here are some basic statistics that we found
I need to instruct a conveyancing lawyer in Felpham for my home move. Can I review a solicitor's record with the legal regulator?
One can read published Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records Pre 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA may recorded call for training purposes.
I am tempted by the attractive purchase price for a two flats in Felpham which have in the region of 50 years remaining on the lease term. Should I regard a short lease as a deal breaker?
A lease is a legal document that entitles you to use the premises for a period of time. As a lease gets shorter the saleability of the lease deteriorates and results in it becoming more costly to acquire a lease extension. For this reason it is generally wise to increase the term of the lease. It is often difficult to sell a property with a short lease because mortgage companies may be unwilling to lend money on properties of this type. Lease enfranchisement can be a protracted process. We recommend you get professional assistance from a solicitor and surveyor with experience in this arena.
I bought a 1st floor flat in Felpham, conveyancing was carried out in 2009. How much will my lease extension cost? Equivalent flats in Felpham with over 90 years remaining are worth £211,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease terminates on 21st October 2094
With just 68 years left to run the likely cost is going to range between £9,500 and £11,000 plus professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.