I am buying a flat and require a conveyancing solicitor in Petersfield who is on the TSB conveyancing. Could you point me in the right direction as regards a firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for TSB in certain locations such as Petersfield. We dont recommend any particular firm.

Last month we had a mortgage agreed in principle with UBS. Petersfield conveyancing solicitors have been instructed. What is the average time that one could expect to receive a mortgage offer from UBS?

There is no definitive answer here. Have UBS done the survey? Have you advised UBS as to your lawyers' details and checked that your lawyers are on the UBS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.

The mortgage over my property is with Nottingham for my property in Petersfield. Conveyancing was finalised 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nottingham?

Your original mortgage agreement with Nottingham will provide that you need their approval before renting your property as this is likely to be a breach of Nottingham’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. It should not be necessary to do this via a Nottingham conveyancing panel solicitor.

I've read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Petersfield solicitor - who is on the Yorkshire BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?

Yorkshire BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Yorkshire BS 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. You may wish to consider appointing your own Petersfield surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

I need some quick conveyancing in Petersfield as I have an ultimatum to sign on the dotted line within 3 weeks. Luckily I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?

If.Given you are are a cash buyer you are at free not to have searches conducted although no lawyer would suggest that you don't. With lots of history conveyancing in Petersfield the following are instances of what can arise and therefore impact the marketability of the property: Enforcement Actions, Outstanding Fees, Outstanding Grants, Railway Schemes,...

My business partner and I are planning to lease a unit on a shopping parade. Can you recommend lawyers offering competitive costs for non-domestic conveyancing in Petersfield for under £2000?

We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Petersfield, including the disposal and purchase of businesses as well as simply property. If you are looking to acquire or dispose of a shop, pub, restaurant, office, retail unit or a whole business we will find you the right firm. As for the costs these will vary based on the structure and terms of the proposed transaction. Let us have your details or telephone so as to enable us to supply you with comprehensive commercial conveyancing calculation.

Are there frequently found problems that you see in leases for Petersfield properties?

Leasehold conveyancing in Petersfield is not unique. Most leases are unique and drafting errors can result in certain provisions are missing. For example, if your lease is missing any of the following, it could be defective:

Service charge per centages that don't add up correctly leaving a shortfall

A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , Bank of Scotland, and Britannia all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to provide security, obliging the purchaser to pull out.

Leasehold Conveyancing in Petersfield - Examples of Questions you should consider before Purchasing

Who takes responsibility for maintaining and repairing the block? Where a Petersfield lease has less than 80 years it will affect the salability of the property. It is worth checking with your bank that they are content with the length of the lease. Leases with less than 80 years remaining means that you will almost definitely need a lease extension at some point and it is worth finding out how much this will be. Remember, in most cases you will be be obliged to have been the owner of the property for a couple of years in order to be entitled to exercise a lease extension. What is the yearly service fee and ground rent?