Do the conveyancing practitioners listed on your site handle right to buy conveyancing in Basingstoke?

We work with a variety of conveyancing solicitors carrying out right to buy conveyancing work Please e-mail the lawyers listed with a view to secure a costs illustration.

Should my lawyer be asking questions regarding flooding as part of the conveyancing in Basingstoke.

The risk of flooding is if increasing concern for lawyers specialising in conveyancing in Basingstoke. There are those who buy a property in Basingstoke, fully aware that at some time, it may suffer from flooding. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.

Conveyancers are not best placed to offer advice on flood risk, however there are a numerous searches that can be initiated by the purchaser or by their lawyers which should figure out the risks in Basingstoke. The conventional set of property information forms sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a standard inquiry of the seller to determine whether the premises has suffered from flooding. In the event that the property has been flooded in past which is not notified by the vendor, then a buyer could issue a claim for damages as a result of such an misleading reply. The purchaser’s lawyers may also carry out an environmental report. This will higlight whether there is any known flood risk. If so, more detailed inquiries should be carried out.

Are there restrictive covenants that are commonly identified as part of conveyancing in Basingstoke?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Basingstoke. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

We're new to the buying process - agreed a price, but the property agent advised that the seller will only issue a contract if we appoint the agent's chosen solicitors as they want a ‘quick sale’. Our preferred option is to instruct a local solicitor who is accustomed to conveyancing in Basingstoke

It is unlikely the owners are behind this. Should the owner desire ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Speak to the owners direct and explain that (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to use your own,trusted Basingstoke conveyancing firm - as opposed tothe ones that will provide their negotiator at the agency a introducer fee or hit his conveyancing figures pre-set by head office.

I've recently bought a leasehold house in Basingstoke. Do I have any liability for service charges relating to a period prior to completion of my purchase?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Leasehold Conveyancing in Basingstoke - Sample of Queries before buying

Be sure to enquire if there are any onerous prohibitions in the lease. For example plenty of leases prohibit pets being permitted in certain buildings in Basingstoke. If you like the propertyin Basingstoke but your cat can’t live with you then you will be faced hard determination. The prefered form of lease structure is a share of the freehold. In this situation the lessees benefit from being in charge if their destiny and notwithstanding that a managing agent is often retained where the building is larger than a house conversion, the managing agent is directed by the tenants. Please note that where the lease has no more than 80 years it will have adverse implications on the value of the property. It is worth checking with your bank that they are willing to lend given the lease term. A short lease means that you will most likely have to extend the lease sooner rather than later and you need to have some idea of how much this will be. Remember, in most cases you would need to own the residence for a couple of years in order to be legally able to extend the lease.