Me and my wife are buying a maisonette in New Forest. My lawyer is not listed on the mortgage company approved list. Is it possible for me to retain my New Forest conveyancing solicitor notwithstanding that they are not on the mortgage company panel?

One will need to appoint a conveyancer to complete the legal work required if you take out a mortgage to buy your property. They will carry out all the essential investigations on the property, make sure that you’re registered as proprietor and ensure that all the required mortgage paperwork is in place. You may select a New Forest property lawyer of your choice. However, where the lawyer selected is not a member of the mortgage company conveyancing panel further costs will arise as separate legal representation will be need by the lender. Lender panel applications may be submitted, so if your conveyancer has not previously sought membership they should take the opportunity to apply.

I am due to complete on the purchase of a property in New Forest but as a consequence of damage from a small fire at the property I have managed to agree reparation from the owner of £2k by way of a adjustment in the price. I had intended this to be addressed as part of amending the contract yet Bank of Ireland will not permit this. Why were they approached?

Your lawyer that is on the Bank of Ireland conveyancing panel is required to inform Bank of Ireland of any changes to the purchase price. If you were to refuse your conveyancer to notify the reduction to Bank of Ireland then they would have to discontinue acting for you. In addition, Bank of Ireland and you would have to appoint a new property lawyer for your conveyancing in New Forest.

We hope to to purchase with Norwich and Peterborough Building Society. I popped in 3 or 4 high street practices but am struggling to find a New Forest conveyancing firm on the Norwich and Peterborough Building Society approved list. Could you help?

You should make use of the search tool on this site. Pick the lender and type New Forest or your location and you will discover a number of lawyer offices in New Forest or by proximity to you.

I am looking to sell my property. My past lawyers has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in New Forest if that makes things easier.

You should use our search tool to help you find a solicitor for your conveyancing in New Forest. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.

I am tempted by the attractive purchase price for a couple of maisonettes in New Forest both have in the region of 50 years remaining on the leases. should I be concerned?

A lease is a right to use the property for a period of time. As the lease gets shorter the marketability of the lease deteriorates and it becomes more expensive to acquire a lease extension. For this reason it is advisable to increase the term of the lease. It is often difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this arena.

I bought a 1st floor flat in New Forest, conveyancing having been completed 10 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? Corresponding flats in New Forest with a long lease are worth £176,000. The ground rent is £50 per annum. The lease ceases on 21st October 2076

With only 50 years left to run we estimate the premium for your lease extension to be between £31,400 and £36,200 plus costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.