My wife and I are about to exchange on the purchase of a property in Easthampstead but as a result of wreckage from a small fire at the property I have was able negotiate recompense from the vendor in the sum of £3k in the form of a deduction in the price. This was going to be addressed as part of a side agreement but HSBC are not allowing this. Why were they involved?

Your conveyancer that is on a HSBC conveyancing panel is obliged to advise HSBC of any changes to the sale price. If you prohibit your solicitor to report the reduction to HSBC then they would have to discontinue acting for you. In addition, HSBC and you would have to appoint a new conveyancer for your conveyancing in Easthampstead.

I need some quick conveyancing in Easthampstead as I am under a deadline to sign on the dotted line in less than 2 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?

If.Given you are not getting a home loan you are at liberty not to do searches although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Easthampstead the following are examples of issues that can appear and therefore impact market value: Enforcement Actions, Overdue Fees, Outstanding Grants, Unadopted Roads,...

I am looking for a leasehold apartment up to £235,500 and identified one near me in Easthampstead I like with a park and station in the vicinity, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Easthampstead suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.

Can you provide any top tips for leasehold conveyancing in Easthampstead with the aim of expediting the sale process?

• A significant proportion of the delay in leasehold conveyancing in Easthampstead can be avoided if you appoint lawyers as soon as you market your property and request that they start to collate the leasehold documentation which will be required by the buyers’ lawyers.
The majority of freeholders or managing agents in Easthampstead charge for supplying management packs for a leasehold home. You or your lawyers should enquire as to the fee that they propose to charge. The management information 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 frequent reason for frustration in leasehold conveyancing in Easthampstead. If you are supposed to have a share in the freehold, you should make sure that you are holding the original share document. Arranging a new share certificate can be a lengthy formality and delays many a Easthampstead home move. If a duplicate share certificate is needed, you should approach the company director and secretary or managing agents (where relevant) for this as soon as possible. If there is a history of conflict with your landlord or managing agents it is very important that these are settled prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a property where there is an ongoing dispute. You will have to accept that you will have to pay any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as over rather than unresolved.

I own a basement flat in Easthampstead, conveyancing formalities finalised May 2000. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Easthampstead with a long lease are worth £190,000. The ground rent is £65 invoiced every year. The lease ends on 21st October 2086

You have 61 years unexpired the likely cost is going to span between £19,000 and £22,000 plus professional fees.

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 due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.

My brother-in-law has suggested I instruct a conveyancing solicitor in Easthampstead. I I would like to check if they are listed on the bank's conveyancing panel. Can you assist?

One option is to phone the lawyer to enquire if they are on the bank's panel. Alternatively please get in touch with us and we can investigate and revert. If they are not on the lender panel we we can help find a reputable conveyancing solicitor in Easthampstead on the panel for your mortgage company.