I have just been advised by my IFA that my Easthampstead the law firm I have appointed is not on the mortgage company Conveyancing panel. What can I do to check?

The first thing you need to do is to call your Easthampstead lawyer directly. It is reasonable to expect your lawyer to notify you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.

My wife and I are about to exchange on the purchase of a property in Easthampstead but as a consequence of damage from a small fire at the property I have was able negotiate compensation from the current proprietors in the sum of £3k by way of a adjustment in the price. I had intended this to be addressed as part of amending the contract however TSB will not permit this. Why were they involved?

Any solicitor being on the TSB approved list is duty bound to inform TSB of any variations to the sale price. If you were to refuse your lawyer to report the price change to TSB then they would have to discontinue acting for you. In addition, TSB and you would have to appoint a new property lawyer for your conveyancing in Easthampstead.

I am looking to buy a house and need a conveyancing solicitor in Easthampstead who is on the Barclays Direct 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 Barclays Direct in certain locations such as Easthampstead. We dont recommend any particular firm.

The estate agent has sent us the confirmation of our purchase of a new build flat in Easthampstead. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Easthampstead

The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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. Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants.

Can you provide any top tips for leasehold conveyancing in Easthampstead from the point of view of speeding up the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Easthampstead can be avoided where you instruct lawyers as soon as your agents start marketing the property and request that they start to put together the leasehold documentation needed by the purchasers’ conveyancers.
The majority of landlords or Management Companies in Easthampstead charge for providing management packs for a leasehold home. You or your lawyers should enquire as to the fee that they propose to charge. The management information can be applied for on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most usual reason for delay in leasehold conveyancing in Easthampstead. You may think that you are aware of the number of years remaining on your lease but you should double-check via your lawyers. A buyer’s lawyer will not be happy to advise their client to to exchange contracts if the lease term is below 75 years. It is therefore essential at an as soon as possible that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. If you have had any disputes with your landlord or managing agents it is essential that these are resolved prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a flat where there is a current dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is better to reveal the dispute as over rather than unresolved.

I inherited a split level flat in Easthampstead, conveyancing was carried out April 2000. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Easthampstead with an extended lease are worth £190,000. The ground rent is £65 invoiced every year. The lease comes to an end on 21st October 2086

With just 61 years remaining on your lease we estimate the premium for your lease extension to be between £19,000 and £22,000 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.