Much to our surprise we have been notified by our lender that my Liphook the law firm I have appointed is not on the lender Conveyancing panel. How can I check?

The first thing you need to do is to contact your Liphook lawyer directly. You lawyer should inform you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.

Just had an offer accepted on a new build apartment in Liphook. Conveyancing is necessary evil 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 questions that you can expect your new-build leasehold conveyancing in Liphook

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision.

I have been on the look out for a ground for flat up to £305k and identified one near me in Liphook I like with amenity areas and railway links nearby, however it only has 51 years unexpired on the lease. There is not much else in Liphook suitable, so just wondered if I would be making a grave error purchasing a short lease?

If you require a home loan that many years will be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.

Is it possible to transfer to a new solicitor as I need to select one who is on the Skipton Building Society conveyancing list. I had appointed a local conveyancing solicitor in Liphook five minutes from me but the firm is not approved by Skipton Building Society

We will our best to assist in finding you a conveyancing solicitor in Liphook on the Skipton Building Society panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Liphook. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Liphook.

I want to sublet my leasehold flat in Liphook. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?

A small minority of properties in Liphook do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

I invested in buying a studio flat in Liphook, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar flats in Liphook with over 90 years remaining are worth £175,000. The average or mid-range amount of ground rent is £65 levied per year. The lease comes to an end on 21st October 2083

You have 58 years left to run we estimate the price of your lease extension to be between £23,800 and £27,400 as well as professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.