Can I use your services to locate a Conveyancing solicitor in Kemp Town even where I’m not purchasing or selling a house, for example where I intend to acquire an office in Kemp Town with a mortgage from Birmingham Midshires?
Our comparison service is primarily utilised to help choose residential conveyancing solicitors in Kemp Town but we have recorded towards the bottom of this page some Kemp Town commercial conveyancing firms. You will need to make contact with the company directly to establish if they can also act for Birmingham Midshires
I have a decision in principle. The bank mentioned the mortgage came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would prefer to appoint a local conveyancing solicitor in Kemp Town?
Do check but the chances are that appoint one of their panel lawyers should you want the "fee-free" incentive. Contact the mortgage company to explore if they allow a monetary alternative. Some mortgage companies have previously offered a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor near Kemp Town.
is it true that all Kemp Town conveyancing solicitors on the Virgin Money conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the Virgin Money conveyancing panel they would need to be governed by the SRA. Some banks do allow licenced conveyancers on their panel in which case such organisation would be overseen by the Council of Licensed Conveyancers.
We have agreed to purchase a house in Kemp Town. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Principality be concerned?
Given that your lender is Principality your lawyer must comply with the formal requirements set out in Part 2 of UK Finance Lenders’ Handbook for Principality. The Council of Mortgage Lenders’ Handbook stipulates minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Principality where a lease fails to satisfy these specifications. The provisions relate to the installation of panels on properties in England and Wales and is not limited to Kemp Town.
I have paid off my mortgage with UBS. I assume I don't need a Kemp Town solicitor on the UBS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
In what way can the Landlord & Tenant Act 1954 impact my business premises in Kemp Town and how can your lawyers assist?
The 1954 Act provides a safeguard to commercial lessees, giving them the dueness to make a request to court for a continuation of occupancy at the end of an expired lease. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Kemp Town is one of our numerous areas of the UK in which our lawyers have offices
I've recently bought a leasehold house in Kemp Town. Am I liable to pay service charges relating to a period prior to completion of my purchase?
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. A critical element 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 purchased a 2 bed flat in Kemp Town, conveyancing having been completed in 2001. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Kemp Town with over 90 years remaining are worth £181,000. The ground rent is £55 yearly. The lease finishes on 21st October 2076
With just 51 years remaining on your lease the likely cost is going to be between £30,400 and £35,200 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.