I am purchasing a new build apartment in Waterlooville and my solicitor is advising me that she is duty bound to the bank to reveal incentives from the developer. I am under pressure to exchange and I don't want to delay the conveyancing. is my lawyer playing by the book?

You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

I require fast conveyancing in Waterlooville as I am faced with pressure to sign on the dotted line inside one month. Thankfully I do not require a mortgage. Can I escape the need for conveyancing searches to save money and time?

As you are are a cash purchaser you are at liberty not to have searches carried out although no conveyancer would suggest that you don't. With plenty of history conveyancing in Waterlooville the following are instances of issues that can arise and therefore affect future mortgageability: Refused Planning Applications, Overdue Fees, Overdue Grants, Unadopted Roads,...

About to purchase a new build flat in Waterlooville. Conveyancing is a frightening process 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.

Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Waterlooville

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.

I have just started marketing my ground floor flat in Waterlooville. Conveyancing lawyers have not yet been instructed, however I have recently received a yearly service charge demand – should I leave it to the buyer to sort out?

Your conveyancing lawyer is likely to suggest that you should discharge the invoice as normal as all ground rent and service payments should be allotted on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I acquired a garden flat in Waterlooville, conveyancing formalities finalised in 2004. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Waterlooville with a long lease are worth £180,000. The ground rent is £65 invoiced annually. The lease expires on 21st October 2084

With only 59 years unexpired we estimate the price of your lease extension to be between £20,900 and £24,200 as well as costs.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.

What can I do to discover who owns a house in Waterlooville?

Provided the premises is registered with the Land Registry, and you have enough information of the address of the property, you should be able to see results from the HMLR of the recorded proprietor for a for less than a fiver.