Forgive me if this question is silly but I am unexperienced as a first time purchaser of a ground floor flat in Bordon. Do I collect the keys to the house on completion from my lawyer? If this is the case, I will instruct a local conveyancing solicitor in Bordon?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you will be invited to collect the keys from the property Agents and start moving into the property. This tends to happen early afternoon.
I am planning to move property in February. Does my conveyancing solicitor call the removal company on the day of completion. As an aside, can you recommend a removal company in Bordon. Conveyancing solicitor was chosen prior to coming across this page.
On the afternoon of completion you can pick up the house keys from your estate agent however this should only happen when the vendors lawyers confirm to the agent that they have the completion monies and the keys can be collected. After that you will need to advise the removal company that they can start moving you in. As a matter of policy we do not suggest a specific removal company but can assist you in locating a conveyancing in Bordon or a solicitor with expertise in conveyancing in Bordon.
We expect to receive a AIP from Co-operative this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Co-operative recommend any Bordon solicitors on the Co-operative conveyancing panel, or is it better to go independently?
You will need to appoint Bordon solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.
I am downsizing from our home in Bordon and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Bordon lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using a national conveyancing practice as opposed to a conveyancing solicitor in Bordon. Having lived in Bordon for many years we know of no issue. Should we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I am buying a new build flat in Bordon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Bordon
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I have been on the look out for a leasehold apartment up to £305k and identified one close by in Bordon I like with amenity areas and railway links nearby, however it only has 51 remaining years left on the lease. I can't really find anything else in Bordon suitable, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan the shortness of the lease will likely be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
As co-executor for the estate of my father I am selling a residence in Neath but I am based in Bordon. My solicitor (based 235 miles awayhas requested that I sign a statutory declaration prior to completion. Could you suggest a conveyancing lawyer in Bordon to witness and place their company stamp on the document?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are based in Bordon
Do you have any advice for leasehold conveyancing in Bordon from the perspective of saving time on the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Bordon can be bypassed where you instruct lawyers the minute your agents start advertising the property and ask them to collate the leasehold documentation which will be required by the buyers’ representatives. In the event that you altered the property did you need the Landlord’s consent? Have you, for example laid down wooden flooring? Most leases in Bordon state that internal structural alterations or addition of wooden flooring require a licence from the Landlord approving such changes. Should you fail to have the paperwork in place do not contact the landlord without contacting your lawyer before hand. Many freeholders or Management Companies in Bordon charge for providing management packs for a leasehold home. You or your lawyers should find out the fee that they propose to charge. The management pack can be applied for as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in Bordon. If you hold a share in a the freehold, you should make sure that you are holding the original share certificate. Obtaining a replacement share certificate can be a time consuming formality and slows down many a Bordon home move. Where a new share certificate is necessary, do contact the company officers or managing agents (where applicable) for this sooner rather than later.
I acquired a garden flat in Bordon, conveyancing having been completed 9 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Bordon with a long lease are worth £190,000. The ground rent is £65 yearly. The lease expires on 21st October 2087
With only 61 years left to run we estimate the price of your lease extension to be between £19,000 and £22,000 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.