I am not in a position to travel far from Lee On The Solent. What is the rationale as to why all Lee On The Solent property lawyers are not on all mortgage company panels?

As unjust as it may seem for banks to restrict who can act for them, from the public’s or lawyer’s point of view, the other side of the coin is that banks are becoming ever more anxious and regard it essential to protect them against mortgage fraud. As a result of this concern banks have restricted their conveyancing panel to a size that they are happy to control.

I am hoping to complete my purchase in Lee On The Solent next Tuesday. My conveyancing practitioner now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What risks does the lender expect the insurance to cover?

All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 requirements. These obligations are not limited to conveyancing in Lee On The Solent.

Can your site be used to recommend a Conveyancing solicitor in Lee On The Solent even if I’m not buying or selling a house, for instance where I wish to acquire a shop in Lee On The Solent with a mortgage from Alliance & Leicester ?

The service is predominantly there to find residential conveyancing solicitors in Lee On The Solent but we have listed towards the end of this page a selection of Lee On The Solent commercial conveyancing firms. You will need to enquire with the company directly to see if they are also authorised to represent Alliance & Leicester

Do I find a Licenced Conveyancer or Solicitor for conveyancing in Lee On The Solent?

There are two types of lawyers who can carry out conveyancing in Lee On The Solent namely licenced conveyancers or solicitors. The two can provide the legal services that you need to complete the sale or purchase of property. They are both required to carry out Lee On The Solent conveyancing on similar quality and guidelines so you may be sure that your conveyancing will be professionally administered and that all requisite procedures will be correctly followed.

I am assisting my aunt sell her house in Lee On The Solent. Does the solicitor commission an EPC or it is for the owner to see to?

After the abolition of HIPs, energy performance certificates was kept a mandatory element of moving house. An energy assessment should be commissioned in advance of the property being marketed. This is not something that solicitors ordinarily arrange. Where you are using a Lee On The Solent conveyancing solicitor they might be willing to arrange energy assessments given their contacts with long established local assessors

I'm in the process of viewing apartments in Lee On The Solent and I am now considering a potential offer. Should I already have a property lawyer in place at this stage? I intend to finance via a home loan with Skipton.

You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. As you are taking out a mortgage with Skipton, ask your prospective lawyers if they are on the Skipton conveyancing panel otherwise they can't do the mortgage legal work.

There are only 62 years left on my lease in Lee On The Solent. I am keen to extend my lease but my landlord is can not be found. What are my options?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to prove that you have used your best endeavours to find the landlord. In some cases a specialist should be useful to try and locate and prepare an expert document to be accepted by the court as evidence that the freeholder is indeed missing. It is wise to seek advice from a property lawyer in relation to devolving into the landlord’s disappearance and the vesting order request to the County Court covering Lee On The Solent.

I acquired a studio flat in Lee On The Solent, conveyancing having been completed November 1996. Can you work out an approximate cost of a lease extension? Equivalent flats in Lee On The Solent with an extended lease are worth £227,000. The ground rent is £50 invoiced annually. The lease comes to an end on 21st October 2097

With just 72 years unexpired we estimate the price of your lease extension to be between £9,500 and £11,000 plus professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.