Me and my partner are about to complete on the purchase of a house in Oxshott but as a consequence of damage from some water damage at the property I have managed to agree reparation from the vendor in the sum of £3k taking the form of a deduction in the price. This was going to be addressed as part of the conveyancing process however TSB are not allowing this. Should they have been informed?

Any conveyancer being on a TSB approved list is required to disclose to TSB of any changes to the purchase price. If you prohibit your conveyancing practitioner to notify 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 lawyer for your conveyancing in Oxshott.

Completed the sale of my flat in Oxshott last March yet the purchaser is texting every few hours to say her solicitor needs to hear from mysolicitor. What are the post completion sale legalities following completion?

Post completion of your disposal your conveyancer should forward the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your solicitor must also confirm that the legal charge in favour of the lender has been repaid to the purchasers conveyancers. There is unlikely to be post completion formalities unique to conveyancing in Oxshott.

I am planning on selling our home in Oxshott and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the buyers used an internet conveyancing outfit as opposed to a conveyancing solicitor in Oxshott. Having lived in Oxshott for six years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek confirmation that the buyers are looking for.

It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)

I am buying a new build flat in Oxshott. 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.

Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Oxshott

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

I am looking at a couple of flats in Oxshott both have about fifty years left on the lease term. Do I need to be concerned?

There are no two ways about it. A leasehold flat in Oxshott is a wasting asset as a result of the reducing lease term. The closer the lease gets to zero years unexpired, the more it adversely affects the value of the property. The majority of purchasers and banks, leases with under 75 years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Oxshott conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I have given up negotiating a lease extension in Oxshott. Can this matter be resolved via the Leasehold Valuation Tribunal?

You certainly can. We can put you in touch with a Oxshott conveyancing firm who can help.

An example of a Lease Extension decision for a Oxshott property is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case related to 1 flat.