I have given 2 months notice to my current landlord and must leave my rented apartment in Basingstoke by 28/7/2025. Conveyancing for my house purchase is progressing. How realistic is it to complete in a couple of weeks as I wish to avoid having to move into short term accommodation?
Generally one should not provide notice on a rental unless exchange of contracts has taken place. Assuming that you have not already done so, speak to your solicitor and ask them to they chase the other solicitors, try to an agreed time frame that all parties will aim towards
My father informed me that in buying a property in Basingstoke there may be a number of restrictions limiting what one can do in terms of external changes to a property. Is this right?
We are aware of anumerous of properties in Basingstoke which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Basingstoke should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am expecting a OIP from RBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do RBS recommend any Basingstoke solicitors on the RBS conveyancing panel, or is it better to go independently?
You will need to appoint Basingstoke solicitors independently although you'll need to choose one on the RBS conveyancing panel. The solicitor represents both you and RBS through the process.
I am currently in the process of buying my council flat in Basingstoke. I have a mortgage agreed with Bank of Ireland. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Bank of Ireland, you will need to appoint a solicitor on the Bank of Ireland conveyancing panel.
I require fast conveyancing in Basingstoke as I am under pressure to complete within 4 weeks. Luckily I do not need a mortgage. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are not taking a mortgage you have the choice not to do searches although no solicitor would recommend that you don't. Drawing on our experience of conveyancing in Basingstoke the following are examples of issues that can arise and therefore affect the marketability of the property: Enforcement Notices, Overdue Charges, Outstanding Grants, Railway Schemes,...
I have been on the look out for a flat up to £195,000 and identified one near me in Basingstoke I like with a park and railway links in the vicinity, however it only has 51 remaining years left on the lease. I can't really find anything else in Basingstoke suitable, so just wondered if I would be making a mistake buying a short lease?
Should you need a home loan the remaining unexpired lease term will be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
I was pointed in your direction by a few estate agents in Basingstoke to choose a conveyancer on your site. What’s the financial inducement for Estate Agents to recommend your services ahead of another?
We don’t make any commission for sending work in our direction. We found it would be just too difficult to pay a commission because a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
Is it best to go with a Basingstoke conveyancing lawyer based in the vicinity that I am purchasing? We have a good friend who can perform the legal formalities but her office is 200miles drive away.
The primary upside of using a local Basingstoke conveyancing practice is that you can visit the firm to sign paperwork, deliver your ID and pester them if necessary. Having local Basingstoke know how is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and in the main were impressed that must trump using an unknown Basingstoke conveyancing lawyer solely due to them being local.