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Recently asked questions about conveyancing in Alresford

Do lawyers request money up-front for conveyancing in Alresford?

Where you are retaining lawyers for conveyancing in Alresford your solicitor will ask you to provide them with funds to cover the the cost of the conveyancing searches. Generally this is called for to cover the fees of the conveyancing searches. When the deposit is payable against the purchase price then this will be required immediately ahead of contracts are exchanged. The closing balance that is needed should be sent to your lawyer a few days prior to the day of completion.

I have justbeen informed that Wolstenholmes have closed. They carried out my conveyancing in Alresford for a purchase of a freehold house 12 months ago. How can I check that my home is not still registered in the name of the former proprietor?

The quickest way to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Alresford conveyancing specialists.

Just had an offer accepted on a new build apartment in Alresford. Conveyancing is a frightening process 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 conveyancing.

Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Alresford

    Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

I decided to have a survey completed on a house in Alresford in advance of instructing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some banks may not issue a mortgage on a flying freehold premises.

It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Alresford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Alresford to see if the conveyancing will be more expensive.

What does commercial conveyancing in Alresford cover?

Alresford conveyancing for business premises incorporates a broad range of services, provided by regulated solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.

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Find out more about how flying freehold can affect your the value of a property.