Me and my fiancee are purchasing our first house. The lawyer has calledto enquire if we want to purchase extra conveyancing searches. We are really unsure what's appropriate for conveyancing in Southampton
The type of Southampton conveyancing searches depends entirely on the property, the location, the likelihood of any of these risks, your knowledge of the area and risks, your general approach to risk. What is important is that you adequately understand what information the searches could give you. Then you can make a decision if you personally think you need that search. If in doubt, ask the solicitor to explain.
Me and my brother purchased a renovated Georgian house in Southampton. Conveyancing practitioner acted for me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the matching address. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Southampton and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing lawyer who conducted the conveyancing.
Over the last few months I have been searching for a ground for flat up to £195,000 and found one near me in Southampton I like with amenity areas and railway links in the vicinity, the downside is that it only has 61 remaining years left on the lease. There is not much else in Southampton for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a home loan that many years may be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
What tools are available to search for a Southampton law firm on the Nationwide Building Society conveyancing panel? I drive a motor bike and am happy to travel upto 20kilometers to meet the lawyer.
You can use the facility on this website. Please pick a lender and your location and you will see a number of Southampton conveyancing lawyers located nearest you. We have listed some Southampton conveyancing firms at the bottom of this page and you can telephone them to check if they are on the Nationwide Building Society approved list
My step-father has urged me to instruct his conveyancers in Southampton. Should I choose my own solicitor?
Much as we are happy to recommend a Southampton conveyancing lawyer the best way to choose a conveyancing solicitor is to get referrals from friends or family who have actually experience in using the firm you're contemplating using.