I opted for a high street firm for our conveyancing in Easthampstead yesterday. Reviewing the Ts and Cs I seewe are on the hook for fees even if our purchase doesn't happen. Should I go with them or select a web based firm promising no completion no charge conveyancing in Easthampstead?

It is usually ‘give and take’ in that if "No Sale No Fee" is available then the fee levels will generally be uplifted to counteract the conveyances that fail to complete. You should be mindful that such schemes generally do not protect you from disbursements such your Easthampstead conveyancing search fees.

I am the registered owner of a freehold residence in Easthampstead yet invoiced for rent, why is this and what is this?

It is rare for properties in Easthampstead and has limited impact for conveyancing in Easthampstead but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.

We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would much rather appoint a local conveyancing solicitor in Easthampstead?

Do check but the the likelihood is that appoint one of their panel solicitors if you accept the "fee-free" incentive. Call the mortgage company and ask if they make available a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor near Easthampstead.

What is the difference between a licensed conveyancer and conveyancing solicitor in Easthampstead

There are many registered licenced Conveyancers in Easthampstead and Solicitor partnerships in Easthampstead to choose from We would stress that both are supervised by regulatory bodies with both specialising in the legal work in transferring property. Both can handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

My lawyer has informed me that breach of easement insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Easthampstead?

The appropriate level of breach of easement indemnity insurance depends on who your lender is. It would differ for example between Nationwide Building Society and Coventry Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.

I can not work out if my mortgage offer requires a lease extension. I have called my Easthampstead bank branch on a couple of occasions and was advised it wasn't an issue and they will lend. My Easthampstead conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend in accordance with their specific requirements. Who do I believe?

The conveyancing practitioner has to comply with the Council of Mortgage Lenders’ Handbook Part 2 requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

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. Can you give me some examples of some of the questions asked in new build conveyancing.

Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Easthampstead

There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.