Do the conveyancing practitioners identified via your search tool execute auction conveyancing in Southsea?

We know of a number of auction practitioners we can put you in touch with those who can conduct auction conveyancing. Southsea is just one of hundreds of locations where our lawyers are based.

Please explain the implications if my solicitor is removed from the Clydesdale Solicitor panel ahead of completing my conveyancing in Southsea?

First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.

A colleague suggested that where I am buying in Southsea I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is usually included in the estimate for your Southsea conveyancing searches. It is not a small report of about 40 pages, listing and detailing significant information about Southsea around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Southsea Education with maps and statistics, Local Amenities and other useful data concerning Southsea.

I am using a search engine for the term on line conveyancing in Southsea it brings up numerous solicitorslocally. How do I determine which is the suitable conveyancing solicitor for my move?

The ideal way of choosing a suitable conveyancer is through a trusted testimonial, so enquire of friends and family who have bought a property in Southsea or the respected estate agent or financial adviser. Charges for conveyancing in Southsea differ, so it's a good idea to secure a minimum of three fee estimates from varying types of conveyancers. Be sure to seek confirmation what costs in the quote includes.

I have just appointed agents to market my basement flat in Southsea. Conveyancing is yet to be initiated, but I have recently had a half-yearly service charge demand – should I leave it to the buyer to sort out?

The sensible thing to do is discharge the maintenance contribution as normal as all ground rent and maintenance charges will be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I invested in buying a ground floor flat in Southsea, conveyancing formalities finalised 10 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Southsea with a long lease are worth £181,000. The ground rent is £55 levied per year. The lease runs out on 21st October 2076

With 51 years left to run we estimate the premium for your lease extension to range between £30,400 and £35,200 as well as costs.

The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.