I am selling our home in Lyndhurst and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A high street Lyndhurst lawyer would know this is not the case. It does beg the question why the buyers are using a national conveyancing practice as opposed to a conveyancing solicitor in Lyndhurst. We have lived in Lyndhurst for 4 years we know that this is a non issue. Is it a good idea to contact our local Authority to seek confirmation that there is no issue.

It would appear that you have a conveyancing lawyer already. What do they say? You need to 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 life insurance to cover that same illness)

How does conveyancing in Lyndhurst differ for newly converted properties?

Most buyers of new build residence in Lyndhurst contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is built. This is because new home sellers in Lyndhurst tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Lyndhurst or who has acted in the same development.

I'm converting the mortgage on my primary home to a buy to let loan with Leeds Building Society and intend to use the remaining equity towards further house. The area we are talking about is Lyndhurst. Will your solicitors be able to act for both sets of lenders and tie in the conveyances?

Make use of our comparison tool on this page to check that the solicitors are approved by both mortgage companies. On the basis that they are the solicitor will be able to connect the two transactions but you should talk with you conveyancer and specify your desired outcome and requirements.

As co-executor for the will of my uncle I am disposing of a property in Newport but I am based in Lyndhurst. My conveyancer (approximately 200 kilometers from merequires that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Lyndhurst to attest and place their company stamp on the document?

strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are located in Lyndhurst

Can you provide any advice for leasehold conveyancing in Lyndhurst with the purpose of speeding up the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Lyndhurst can be bypassed if you instruct lawyers as soon as your agents start marketing the property and ask them to put together the leasehold information needed by the buyers’ representatives.
A minority of Lyndhurst leases require Licence to Assign from the landlord. If this is the case, you should place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. Any bank reference should make it clear that the buyer is able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers. If there is a history of conflict with your landlord or managing agents it is essential that these are settled before the property is marketed. The buyers and their solicitors will be reluctant to purchase a flat where a dispute is unresolved. You may have to bite the bullet and pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is clearly preferable to reveal the dispute as historic rather than ongoing. Many landlords or managing agents in Lyndhurst charge for providing management packs for a leasehold premises. You or your lawyers should find out the actual amount of the charges. The management information sought as soon as you have a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most common reason for frustration in leasehold conveyancing in Lyndhurst. You may think that you are aware of the number of years remaining on your lease but you should double-check via your solicitors. A buyer’s conveyancer will be unlikely to recommend their client to where the remaining number of years is less than 75 years. In the circumstances it is important at an as soon as possible that you consider whether the lease requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale.

Lyndhurst Conveyancing for Leasehold Flats - Examples of Queries before Purchasing

Does this lease have more than 80 years remaining? It would be sensible to discover as much as possible about the managing agents as they will affect your use and enjoyment of the property. As the proprietor of a leasehold property you are often at the mercy of the managing agents from a financial perspective and when it comes to every day issues like the upkeep of the communal areas. Enquire of other people what they think of them. In conclusion, investigate as to the dates that the service fees are due to the relevant party and specifically what it includes. The best form of lease structure is if the freehold title is owned by the leaseholders. In this arrangement the tenants benefit from being in charge if their destiny and notwithstanding that a managing agent is usually employed where it is larger than a house conversion, the managing agent acts for the leaseholders themselves.