AssumingI was to acquire a freehold propertyin Highcliffe for cash and have no survey and no local authority searches how much should I expect to to save on my conveyancing in Highcliffe?
The sole reduction in fees you would achieve is the Highcliffe conveyancing searches. A conveyancing practitioner is required to do the vast majority of work - money laundering, communicating with the vendors lawyer, stamp duty submission, register the ownership etc. You might save a bit for them not needing to register a mortgage however it will not be significant.
How up to date is your search tool for Highcliffe conveyancing solicitors on the TSB conveyancing panel? Do TSB send you an updated list?
Highcliffe conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
This question may be naive but I am unexperienced as a first time purchaser of a two bedroom flat in Highcliffe. Do I receive the keys to the premises on completion from my lawyer? If so, I will use a local conveyancing solicitor in Highcliffe?
On the day of completion you will not be required to attend the conveyancers office in Highcliffe. Your solicitors will electronically transfer the purchase money to the vendor’s lawyers, and once they have received this, you should be able to receive the keys from the selling Agents and move into your new home. This tends to happen early afternoon.
My father pointed out to me me that in buying a property in Highcliffe there may be a number of restrictions as to what one can do in terms of external alterations to a property. Is this right?
We are aware of anumerous of properties in Highcliffe which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Highcliffe should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are purchasing a 4 bedroom semi-detached house in Highcliffe. Our aim is to carry out a loft conversion at the house.Will the conveyancing process include checks to see if these works are permitted?
Your solicitor should check the registered title as conveyancing in Highcliffe will on occasion reveal restrictions in the title deeds which prevent certain works or require the consent of another owner. Some works need local authority planning consent and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor before you commit yourself to a purchase.
Me and my brother have a renovated Georgian property in Highcliffe. Conveyancing solicitor acted for me and Chelsea Building Society. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the matching address. Is it worth asking Chelsea Building Society to clarify?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Highcliffe and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing lawyer who completed the work.
I am in need of some leasehold conveyancing in Highcliffe. Before I get started I require certainty as to the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Highcliffe - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I inherited a basement flat in Highcliffe, conveyancing having been completed May 2006. How much will my lease extension cost? Comparable properties in Highcliffe with an extended lease are worth £181,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease ceases on 21st October 2076
With just 50 years remaining on your lease we estimate the premium for your lease extension to range between £32,300 and £37,400 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed due diligence. 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 want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.