I am assisting my aunt sell her house in Alresford. Will the conveyancing solicitor arrange the energy performance certificate or should I organise this?
After the demise of Home Information Packs, energy performance certificates was retained a mandatory element of selling a property. An energy performance certificate should be to hand before the property is advertised. It is not something that solicitors normally organise. Where you are using a Alresford conveyancing solicitor they may help arrange energy assessments due to their relationships with long established local providers
I am selling my flat. I had a double glazing fitted in November 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, HSBC are being pedantic. The Alresford solicitor who is on the HSBC conveyancing panel is recommending indemnity insurance as a solution but HSBC are requiring a building regulation certificate. Why do HSBC have a conveyancing panel if they don't accept advice from them?
It is probably the case that HSBC have referred the matter to their valuer. The reason why HSBC may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
At last I have had an offer on a flat in Alresford accepted, but there is a chain. The owners have offered on a property, however it’s not yet agreed to, and are looking at other apartments booked. I have instructed a local conveyancing solicitor in Alresford. What do I do now? When should I get the mortgage application with Principality going?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey, Alresford conveyancing search costs, etc). First, you must check that your conveyancing practitioner is on the Principality conveyancing panel. Regarding the next steps this very much depends on the uniqueness of your transaction, motivation for this property and on the state of the market. During a rising market some purchasers would apply for a home loan with Principality and arrange for the valuation and only if it was satisfactory would they request their lawyer to press on with searches.
A relative recommended that if I am purchasing in Alresford I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Alresford conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Alresford around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information about Alresford.
How does conveyancing in Alresford differ for new build properties?
Most buyers of new build property in Alresford approach us having been asked by the builder to sign contracts and commit to the purchase even before the property is built. This is because new home sellers in Alresford tend to buy 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 Alresford or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one close by in Alresford I like with a park and railway links in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Alresford suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a home loan the shortness of the lease will be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
Hoping to buy a property located in Alresford and I am already nervous. I couldn't find anything specific about Alresford. Conveyancing will be needed in due course but do you know about the Alresford area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Alresford. In the meantime here are some basic statistics that we found
My husband and I are new on the property ladder - agreed a price, yet the agent informed us that the owners will only issue a contract if we use the agent's recommended solicitors as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street solicitor who is familiar with conveyancing in Alresford
We suspect that the owner is unaware of this request. Should the owner want ‘a quick sale', turning down a motivated purchaser is likely to cause more damage than good. Avoid the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you intend to proceed fast (e)however you will continue to appoint your preferred Alresford conveyancing solicitors - as opposed tothe ones that will provide their negotiator at the agency a referral fee or achieve conveyancing thresholds demanded by senior management.