It has been 3 months following my purchase conveyancing in Waterlooville concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I'm purchasing a new build house in Waterlooville with a mortgage from Barnsley Building Society. The sellers refused to budge the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not disclose to my solicitor about the side-deal as it would jeopardize my loan with Barnsley Building Society. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a simple, chain free conveyancing. Waterlooville is where the house is located. What do you suggest?

Flying freeholds in Waterlooville are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Waterlooville you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Waterlooville may determine 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 premises.

What does commercial conveyancing in Waterlooville cover?

Non domestic conveyancing in Waterlooville covers a wide range of advice, supplied by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

My hope is to purchase a garden flat in Waterlooville. Conveyancing solicitor is awaiting, from the vendor, building insurance documents. Earlier today I was advised that the vendor needs to send the insurance documents for the flat above also. Why does my conveyancer want to review the insurance for the other flat? Is it strictly necessary? We have been stalled for the last month…

It is not unheard of in leasehold conveyancing in Waterlooville to discover Conveyancing in Waterlooville in a minority of cases reveals that the lease obliges the tenant's to insure their individual flats as opposed to the landlord insuring the whole building - which is clearly better. Do clarify with your conveyancing practitioner but it would seem that your conveyancing practitioner is seeking to verify that the entire building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed due to lack of insurance cover.