We were about to retain a conveyancing solicitor in Romsey endorsed by you but stumbled across some other costs illustrations on the internet appear cheaper – why is this?

One can find many firms of conveyancing outfits offering at first sight what seems to be the cheapest conveyancing in Romsey. You should think twice as to how much you respect your own move to you are willing to take 'cheap' risks over the standard of the conveyancing. Many of them highlight a bargain fee as a headline but plant additional charges in the small print..

I am purchasing my first flat in Romsey with the aid of help to buy. The sellers refused to budge the amount so I negotiated 6k of additionals instead. The property agent advised me not to tell my solicitor about the deal as it could affect my mortgage with Barclays . Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Romsey is where the house is located. Is there any guidance you can impart?

Flying freeholds in Romsey are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Romsey you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Romsey may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

My business partner and I are wishing to take over a lease of an office on the high street. Can you recommend lawyers offering no-sale-no charges for non-domestic conveyancing in Romsey for under 1500k?

We can recommend firms who have specialist knowledge of commercial conveyancing in Romsey, including the disposal and purchase of businesses as well as simply premises. If you are looking to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right firm. Regarding the charges this will depend on the structure and nuances of the deal. Please provide us with your details or call so as to enable us to furnish you with a fixed commercial conveyancing quote.

My wife and I purchased a leasehold house in Romsey. Conveyancing and Virgin Money mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Romsey who previously acted has long since retired. Do I pay?

The first thing you should do is contact HMLR to be sure that this person is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Romsey conveyancing firm to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I acquired a 2 bed flat in Romsey, conveyancing having been completed 5 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Romsey with an extended lease are worth £195,000. The average or mid-range amount of ground rent is £45 levied per year. The lease runs out on 21st October 2088

You have 63 years unexpired the likely cost is going to span between £16,200 and £18,600 plus professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.