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Find a Fratton and Portsea Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Fratton and Portsea? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Fratton and Portsea home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Fratton and Portsea conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Fratton and Portsea

My uncle informed me that in purchasing a property in Fratton and Portsea there may be various restrictions affecting the ability to carry out external alterations to a property. Is this right?

There are a number of properties in Fratton and Portsea which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Fratton and Portsea should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

We are getting the release of further funds on our home loan from Aldermore as we intend to conduct alterations to our home in Fratton and Portsea. Do we need to choose a high street Fratton and Portsea solicitor on the Aldermore conveyancing panel to deal with the paperwork?

Aldermore don't usually appoint firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore list.

I've read lots of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Fratton and Portsea solicitor - who is on the Kent Reliance conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?

Kent Reliance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Kent Reliance will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Fratton and Portsea surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

Will my lawyer be making enquiries concerning flooding during the conveyancing in Fratton and Portsea.

Flooding is a growing risk for conveyancers dealing with homes in Fratton and Portsea. There are those who buy a house in Fratton and Portsea, completely aware that at some time, it may be flooded. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.

Solicitors are not best placed to impart advice on flood risk, but there are a various checks that can be initiated by the buyer or by their conveyancers which can give them a better appreciation of the risks in Fratton and Portsea. The conventional set of property information forms supplied to a buyer’s lawyer (where the Conveyancing Protocol is adopted) incorporates a usual question of the vendor to discover if the property has suffered from flooding. If flooding has previously occurred which is not notified by the owner, then a buyer could commence a claim for damages stemming from an inaccurate response. A buyer’s lawyers should also commission an enviro search. This will disclose if there is a recorded flood risk. If so, further inquiries should be initiated.

Are there restrictive covenants that are commonly identified during conveyancing in Fratton and Portsea?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Fratton and Portsea. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How straightforward is it to use your search tool to locate a conveyancing practitioner in Fratton and Portsea on the authorised to act for my bank?

First pick a bank such as Lloyds TSB Bank, Barnsley Building Society or Godiva Mortgages Ltd then type in your location such as Fratton and Portsea. Conveyancing firms in Fratton and Portsea and across England and Wales should be shown.

I've recently bought a leasehold house in Fratton and Portsea. Do I have any liability for service charges for periods before 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. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure 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 purchased a ground floor flat in Fratton and Portsea, conveyancing having been completed 5 years ago. How much will my lease extension cost? Equivalent properties in Fratton and Portsea with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £55 per annum. The lease terminates on 21st October 2081

With 56 years remaining on your lease we estimate the premium for your lease extension to range between £29,500 and £34,000 plus legals.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive 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 should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.

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