Should conveyancers ask for an advanced payment for conveyancing in New Forest?
Where you are retaining lawyers for conveyancing in New Forest your lawyer will ask you to provide them with funds to cover the search fees. Normally this is needed to cover the fees of the conveyancing searches. If any deposit is payable against the total price then this should be needed immediately in advance of exchange of contracts. Any further balance that is needed should be transferred shortly before completion.
My wife and I are purchasing a flat in New Forest. It might be a silly question but how we can trust a solicitor? On completion day we will need to deposit funds into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are getting a further advance on our home loan from Coventry BS as we wish to conduct alterations to our house in New Forest. Are we obliged to appoint a bricks and mortar New Forest solicitor on the Coventry BS conveyancing panel to deal with the paperwork?
Coventry BS don't usually instruct a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Coventry BS panel.
After shopping around on the internet I have found a New Forest solicitor having made sure that they are on the Barclays conveyancing panel. Does my lawyer arrange the survey of the property?
Barclays will need an independent valuation of the property. Your lawyer will not arrange this. Usually Barclays will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your New Forest postcode. As you are getting a mortgage with Barclays, you could contact them to see if they have a list of approved surveyors in New Forest.
I know that there are debates on Chancel Insurance on online forums. Do I need this when purchasing a residence in New Forest? or I am told that there is a law dating back centuries that could mean that house owners living in a parish church boundary will be compelled to contribute towards repairs towards the chancel in proximity to the church. Is this applicable for conveyancing in New Forest?
Unless a previous acquisition of the house completed after 12 October 2013 you may expect conveyancing practitioners handling conveyancing in New Forest to continue to advocate a chancel search and or insurance against a claim.
I decided to have a survey carried out on a house in New Forest prior to appointing conveyancers. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some lenders tend not give a mortgage on this type of property.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in New Forest. Conveyancing may be slightly more expensive based on your lender's requirements.
My company is planning to lease a unit on the high street. Can you recommend solicitors offering competitive costs for commercial conveyancing in New Forest for less than £2000?
We can recommend firms who have specialist knowledge of commercial conveyancing in New Forest, including the disposal and acquisition of businesses as well as simply premises. Whether you are hoping to acquire or lease a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. Regarding the fees these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or telephone so as to enable us to provide you with a detailed commercial conveyancing quote.
I have just started marketing my ground floor apartment in New Forest. Conveyancing has not commenced, however I have recently had a half-yearly service charge invoice – should I leave it to the buyer to sort out?
It best that you pay the service charge as you normally would given that all rents and service payments should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice 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.
New Forest Conveyancing for Leasehold Flats - Sample of Questions you should consider before buying
This question is helpful as a) areas can result in problems in the building as the communal areas may begin to deteriorate if repairs remain unpaid b) if the tenants have a dispute with the running of the building you will need to know about it Many New Forest leasehold flats will incur a service charge for maintenance of the building set by the landlord. If you purchase the property you will have to pay this charge, normally periodically during the year. This could differ from a couple of hundred pounds to thousands of pounds for bigger purpose-built blocks. In all probability there will be a ground rent for you to pay yearly, normally this is not a large figure, say around £25-£75 but you need to check it because sometimes it can be surprisingly expensive. Who is in charge of the block?