I have given 8 weeks notice to my current landlord and must leave my let out flat in Fareham by 11/9/2019. Conveyancing for my house purchase is underway. Is it possible to complete in 4 weeks as I wish to avoid having to find short term accommodation?
It is unwise to provide notice for your letting unless you have exchanged. Assuming that you have not previously done so, update to your conveyancer and request that they cajole the owners solicitors, try to a target completion date that everyone will aim towards
My house in Fareham is up for sale and I have a purchaser. Will my property lawyer need to be required to be on the Principality conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
I am looking for a conveyancing solicitor in Fareham for my remortgage. Is there any facility to see a solicitor's complaints history with the legal regulator?
Members of the public may find presented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. For information Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The SRA sometimes recorded call for training reasons.
I've recently bought a leasehold property in Fareham. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I acquired a 1 bedroom flat in Fareham, conveyancing formalities finalised December 2004. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Fareham with a long lease are worth £171,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2098
You have 79 years remaining on your lease the likely cost is going to range between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.
Are there any apps to help search for a Fareham conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 10kilometers to meet the lawyer.
You can use the find a conveyancing panel tool on this page. Please choose the lender and your location, in this case Fareham and you will see a number of lawyer located nearest Fareham. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.