A mortgage agreement from Santander for the remortgage of my 3 bedroom apartment is due imminently. Are you able to suggest a low cost conveyancing practitioner in Gosport?
You have come to the wrong site to search for a cheap conveyancing solicitors in Gosport. Our aim is to provide affordable conveyancing but we do not aim to advertise as being the cheapest. Do not be seduced by brokers offering ninety nine pound conveyancing in Gosport. At best, in going for cheap conveyancing, you will receive what you pay for and at worst you will end up paying a lot in additional fees and still not receive the service required.
My grandmother passed away last year and as sole heir and executor I was left the property in Gosport. The house had a small mortgage remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Coventry BS, pay off the mortgage. Is this possible?
Given you intend to re-mortgage then Coventry BS will insist on your using a conveyancer on the Coventry BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Coventry BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Coventry BS mortgage is registered as a charge at the Land Registry.
How do I use your search app to find a conveyancing practitioner in Gosport on the approved list for my bank?
Step one is to pick a lender such as Yorkshire Building Society, Coventry Building Society or Godiva Mortgages Ltd then specify your preferred area e.g. Gosport. Conveyancing firms in Gosport and nationally should be shown.
My husband and I are novice buyers - agreed a price, yet the selling agent has warned us that the seller will only go ahead if we instruct the agent's recommended solicitors as they need a ‘quick sale’. We would rather use a family solicitor used to conveyancing in Gosport
We suspect that the seller is unaware of this ultimatum. Should the owner desire ‘a quick sale', alienating a genuine purchaser is likely to cause more damage than good. Contact the owners directly and explain that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you will continue to use your preferred Gosport conveyancing firm - not the ones that will provide the negotiator at the agency a referral fee or achieve conveyancing targets pre-set by corporate headquarters.
I am attracted to a two flats in Gosport which have in the region of fifty years unexpired on the lease term. Will this present a problem?
A lease is a right to use the premises for a period of time. As a lease shortens the marketability of the lease reduces and it becomes more expensive to acquire a lease extension. For this reason it is generally wise to extend the lease term. More often than not it is difficult to sell a property with a short lease because mortgage companies less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We advise that you get professional assistance from a conveyancer and surveyor with experience in this arena.
I acquired a leasehold flat in Gosport, conveyancing having been completed July 2012. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Gosport with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 yearly. The lease finishes on 21st October 2085
With 66 years unexpired we estimate the price of your lease extension to span between £11,400 and £13,200 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.