I am getting a mortgage with Nat West. I would like to use a Licensed Conveyancer in Hayling Island. Does the Nat West Solicitor panel exclude conveyancers regulated by the CLC?

The Nat West conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

Can the conveyancing solicitors identified via your search tool execute auction conveyancing in Hayling Island?

We know of a few auction practitioners we can connect you with those who can conduct auction conveyancing. Hayling Island is just one of hundreds of locations in which our lawyers have offices.

I am selling my apartment in Hayling Island. Does the property lawyer have to be on the Principality conveyancing panel in order to deal with the discharge of 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 conditions fairly frequently currently.

We are buying a property and the solicitor has raised the issue of Chancel Repair for which the house could be liable given it’s proximity to the area of such a church. She has mentioned insurance. Is this strictly necessary for conveyancing in Hayling Island

Unless a prior purchase of the house completed post 12 October 2013 you may assume that solicitors conducting conveyancing in Hayling Island to remain encouraging a chancel search and or chancel repair liability insurance.

I am looking at a two maisonettes in Hayling Island both have approximately forty five years unexpired on the leases. Will this present a problem?

A lease is a right to use the premises for a period of time. As the lease gets shorter the saleability of the lease deteriorates and results in it becoming more expensive to extend the lease. For this reason it is generally wise to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease because mortgage companies less inclined to grant a loan on such properties. Lease extension can be a protracted process. We advise that you seek professional help from a conveyancer and surveyor with experience in this arena.

Hayling Island Conveyancing for Leasehold Flats - Sample of Questions you should ask before buying

On the whole the outlay for major works tend not to be incorporated into the maintenance charges, although there some managing agents in Hayling Island ask tenants to pay into a sinking fund created for the specific intention of establishing a fund for larger works. It would be sensible to find out as much as you can regarding the company managing the block as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you will be at the mercy of the managing agents both financially and when it comes to day to day issues such as the tidiness of the communal areas. Enquire of other people whether they are happy with their service. Finally, find out the dates that you are obliged pay the service charge to the relevant party and specifically how they are spending the funds. Most Hayling Island leasehold apartments will have a service bill for the upkeep of the block invoiced on behalf of the freeholder. Where you purchase the flat you will have to meet this charge, usually periodically throughout the year. This could differ from a few hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a ground rent for you to pay annual, normally this is not a significant figure, say about £50-£100 but you need to check as sometimes it can be prohibitively expensive.