The owners have rather pushy vendors who has insisted on a exclusivity agreement with a deposit two thousand pounds. Are such contracts the norm for Eastney and Southsea conveyancing transactions?

Exclusivity contracts are contracts binding a property seller and prospective buyer giving the buyer the sole right to the sale of the premises for a certain period of time. For all intents and purposes, an exclusivity is a document specifying that you will be issued with a contract at a later date which is the main conveyancing contract. It tends to be utilised for buyer assurance though in many situations, the seller may stand to benefit from such agreements as well. There are various positives and negatives to using them but you should to check with your lawyer but beware that it may end up costing you more in conveyancing fees. In light of this these contracts are rare in relation to conveyancing in Eastney and Southsea.

The deeds to my house can not be found. The lawyers who did the conveyancing in Eastney and Southsea 4 years ago have long since closed. What are my options?

These day there are duplicates made of almost everything, and your conveyancer should be aware exactly where to find all the suitable documentation so you may buy or dispose of your house without any difficulty. Where duplicates are not available, your lawyer may be able to arrange cover in the form of insurance or indemnities against possible claims on your premises.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Eastney and Southsea. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Eastney and Southsea

There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

What tools are available to locate a Eastney and Southsea law firm on the Clydesdale conveyancing panel? I have wheels and am willing to travel upto 10kilometers to meet the lawyer.

Feel free to make use of the search on this page. Please choose the lender and your location and you will see a number of Eastney and Southsea conveyancing lawyers based on proximity. We have listed some Eastney and Southsea conveyancing firms at the bottom of this page and you can telephone them to see if they are on the Clydesdale approved list

I am intending to rent out my leasehold flat in Eastney and Southsea. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for their consent?

The lease governs relations between the landlord and you the flat owner; specifically, it will indicate if subletting is prohibited, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no specific ban or restriction, subletting is permitted. The majority of leases in Eastney and Southsea do not contain subletting altogether – such a provision would adversely affect the market value the property. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.

I inherited a split level flat in Eastney and Southsea, conveyancing formalities finalised in 2009. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Eastney and Southsea with over 90 years remaining are worth £216,000. The ground rent is £50 per annum. The lease ceases on 21st October 2095

With only 69 years unexpired we estimate the price of your lease extension to span between £9,500 and £11,000 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.