My wife and I are soon to exchange buying a house in Bordon but as a consequence of damage from the recent storms I have managed to agree recompense from the vendor in the sum of three thousand pounds taking the form of a deduction in the price. This was going to be dealt with as part of a side agreement but Barclays are not allowing this. Should they have been involved?

The lawyer that is on a Barclays conveyancing panel is duty bound to advise Barclays of any changes to the purchase price. If you prohibit your property lawyer to notify the price change to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new conveyancing practitioner for your conveyancing in Bordon.

Should commercial conveyancing searches disclose impending roadworks that could affect a commercial estate in Bordon?

Many commercial conveyancing solicitors in Bordon will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Bordon. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Bordon.

For each commercial conveyancing transaction in Bordon it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Bordon commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Bordon.

I have been on the look out for a ground for flat up to £235,500 and identified one round the corner in Bordon I like with open areas and railway links in the vicinity, the downside is that it only has 52 years on the lease. There is not much else in Bordon suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you require a home loan that many years will be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.

I need to find a conveyancing solicitor for residential conveyancing in Bordon. I've discover a web site which appears to be the perfect solution If there is a chance to get all the legals done via email that would be ideal. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Due to exchange soon on a ground floor flat in Bordon. Conveyancing solicitors have said that they will have a report out to me on Monday. What should I be looking out for?

Your report on title for your leasehold conveyancing in Bordon should include some of the following:

Additions to the flat Your conveyancers should enable you to have an understanding of the insurance provisions Does the lease prevent you from letting out the flat, or having a home office for business You must be advised what is to be regarded as a Nuisance as far as the lease is concerned What you can do if another tenant in the building breaches a clause of their lease?

Bordon Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to Purchasing

Generally speaking the cost for major works tend not to be included within maintenance charges, although a few managing agents in Bordon obliged leaseholders to pay into a reserve fund created for the specific purpose of building a fund for larger works. The majority of Bordon leasehold properties will have a service charge for the upkeep of the building levied by the management company. Should you acquire the flat you will have to pay this charge, usually in instalments during the year. This could vary from a few hundred pounds to thousands of pounds for buildings with lifts and large communal grounds. There will also be a rentcharge for you to pay yearly, this is usually not a exorbitant figure, say around £50-£100 but you should to check as on occasion it can be many hundreds of pounds. You should be aware that where the lease has fewer than eighty years it will impact the salability of the flat. It is worth checking with your lender that they are willing to lend given the lease term. Leases with fewer than 80 years remaining means that you will most likely have to extend the lease at some point and it is worth finding out how much this would cost. Remember, in most cases you would be be obliged to have been the owner of the residence for 24 months in order to be legally able to exercise a lease extension.