Our mortgage company has recommended a law firm on their panel based in Chandlers Ford but I would rather use a conveyancing lawyer in Chandlers Ford local to me. Are you able to help?

The minority of Chandlers Ford conveyancing solicitors are on all banks conveyancing panel. Please make the most of our find an approved solicitor tool to choose a Chandlers Ford conveyancing firm on the on the lender panel.

Just had an offer accepted on a new build flat in Chandlers Ford. Conveyancing is necessary evil 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 legal work.

Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Chandlers Ford

The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Chandlers Ford is where the house is located. Can you offer any opinion?

Flying freeholds in Chandlers Ford are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chandlers Ford you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chandlers Ford may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Given that I will soon part with hundreds of thousands of pounds on a garden flat in Chandlers Ford I would like to talk to a conveyancer about mytransaction prior to appointing the firm. Can this be arranged?

We could not agree more - we would be happy to talk to you we do not take any clients on without you speaking to the lawyer who will be conducting your property ownership legalities in Chandlers Ford.There is no ‘factory style conveyancing’ - every client is unique individual, not a case reference. The solicitors that we put you in touch with believe that the fees you are quoted for your conveyancing in Chandlers Ford should be the figure that you end up paying.

I work for a reputable estate agent office in Chandlers Ford where we see a few leasehold sales derailed as a result of leases having less than 80 years remaining. I have been given conflicting advice from local Chandlers Ford conveyancing firms. Could you clarify whether the seller of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.

An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Leasehold Conveyancing in Chandlers Ford - Examples of Questions you should consider before Purchasing

The prefered form of lease structure is if the freehold interest is in the ownership of the leaseholders. In this scenario the leaseholders enjoy being in charge if their destiny and notwithstanding that a managing agent is often employed if it is larger than a house conversion, the managing agent is directed by the tenants. Best to be warned if window replacement or some other major work is pending that will be shared between the leasehold owners and may well dramatically impact the level of the maintenance fees or necessitate a one off invoice. How much is the service charge and ground rent on the flat?