Is there a reason why leasehold purchase conveyancing in Tadley costs more?

In summary, leasehold conveyancing in Tadley and Hampshire usually involve extra hours of investigation compared to freehold transactions. This includes analysing the lease terms, corresponding with the landlord about the service of appropriate notices, obtaining current service charge and management information, securing the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different proprietor have owned the lease since it was first entered into.

What is your number one tip for finding a conveyancing solicitor in Tadley

We would encourage you not to base your choice on the lowest Tadley conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.

I am assisting my step-mother sell her flat in Tadley. Will the conveyancer arrange the energy assessment or should I organise this?

Following the abolition of Home Packs, energy performance certificates became a mandatory part of selling a house. An energy performance certificate must be to hand prior to the property being placed on the market. It is not as aspect of the sale process that law firms ordinarily organise. If you are using a Tadley conveyancing solicitor they may be willing to arrange EPC’s due to their contacts with long established local accredited person

I've digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Tadley solicitor - who is on the Santander conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?

Santander will need an independent valuation of the property. Your lawyer will not arrange this. Usually Santander will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Tadley postcode. As you are getting a mortgage with Santander, you could contact them to see if they have a list of approved surveyors in Tadley.

Will our solicitor be asking questions about flooding as part of the conveyancing in Tadley.

Flooding is a growing risk for conveyancers conducting conveyancing in Tadley. Some people will buy a property in Tadley, fully expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.

Solicitors are not qualified to offer advice on flood risk, however there are a numerous checks that can be undertaken by the purchaser or on a buyer’s behalf which should give them a better appreciation of the risks in Tadley. The standard completed inquiry forms given to a buyer’s solicitor (where the Conveyancing Protocol is adopted) incorporates a standard question of the owner to find out whether the property has historically flooded. In the event that flooding has previously occurred which is not notified by the vendor, then a purchaser could commence a claim for damages as a result of such an incorrect answer. A purchaser’s conveyancers will also conduct an environmental report. This should reveal if there is a recorded flood risk. If so, further inquiries will need to be made.

Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who did the conveyancing in Tadley 4 years ago are no longer around. What are my options?

Assuming you have a registered title the information relating to your proprietorship will be evidenced by the Land Registry under a Title Number. It is easy to execute a search at the Land Registry, find your property and secure up to date copies of the property title for a small fee. If the title is Leasehold then the Land Registry will also normally hold a certified duplicate of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.

How does conveyancing in Tadley differ for new build properties?

Most buyers of new build residence in Tadley come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because builders in Tadley typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Tadley or who has acted in the same development.