My conveyancer has identified a a legal deficiency with the lease for the apartment we are buying in Fawley. The seller’s lawyers have offered title insurance as a workaround. We are happy with insurance and will pay for it. Our solicitor has advised that he must be satisfied that the mortgage company is happy with this solution. Who is the client here, us or the lender?

Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the mortgage company are the client. The appropriate lender conditions have to be complied with.

My lawyer in Fawley is not on the Britannia Solicitor Panel. Can I still continue with my family solicitor notwithstanding that they are excluded from the Britannia approved list?

The limited options open to you here include:

1. Complete the purchase with your existing Fawley solicitors but Britannia will need to retain a lawyer on their panel. This will result in additional overall conveyancing charges and cause frustration.
2. Find an alternative lawyer to to deal with the purchase, remembering to check they are Convince your solicitor to use their best endeavours to join the Britannia conveyancing panel

Have purchased a a semi-detached house in Fawley , how long will it take for the Land Registry to deal with the formalities evidencing my ownership? My Fawley conveyancing solicitor has been painfully slow, so I want to be sure that my name is registered.

There is nothing unique when it comes to conveyancing in Fawley registration formalities. Rather than based on location, timeframes can adjust according to the party submitting the application, whether there are errors and whether the Land registry must send notices to any 3rd parties. At present in the region of 80% of submission are fully dealt with within two weeks but some can be subject to longer delays. Historically registration occurs after the purchaser is living at the property so an expedited registration is not typically an essential issue but where there is a degree of urgency associated with the registration then you or your conveyancer should contact the land registry and explain the circumstances.

My company is hoping to lease a unit on the high street. Can you recommend solicitors offering competitive fees for commercial conveyancing in Fawley for below 2k?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Fawley, including the sale and purchase of businesses as well as simply property. If you are looking to acquire or lease a shop, pub, restaurant, office, retail unit or a whole business we will find you the right lawyer. As for the fees these will vary based on the structure and terms of the deal. Let us have your details or email us so that we can provide you with a fixed commercial conveyancing quote.

My wife and I purchased a leasehold house in Fawley. Conveyancing and Aldermore mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Fawley who previously acted has long since retired. Any advice?

The first thing you should do is make enquiries of HMLR to make sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a Fawley conveyancing lawyer to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Fawley Leasehold Conveyancing - A selection of Queries before Purchasing

Are any of leasehold owners in arrears of their service charge payments? How much is the ground rent and service charge? It would be wise to discover as much as you can regarding the company managing the block as they will impact your use and enjoyment of the property. Being a leasehold owner you are often in the clutches of the managing agents from a financial perspective and when it comes to practical issues such as the cleanliness of the common parts. You should not be shy to ask prospective neighbours what they think of them. On a final note, be sure you understand the dates that the service fees are due to the managing agents and specifically what it includes.