I have given 8 weeks notice to my existing landlord and must leave my rented flat in Farnborough by 27/6/2025. Conveyancing on my purchase is progressing. Can I complete in 5 weeks as don't want to have to move into short term accommodation?
The normal practice is not to serve notice for your tenancy unless your lawyer suggests that you should. Assuming that you have not already done so, update to your conveyancer and ask them to they cajole the owners lawyers, try to an acceptable time-line that everyone will work towards
My relative suggested that if I am purchasing in Farnborough I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Farnborough conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Farnborough around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Farnborough Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Farnborough Education with maps and statistics, Local Amenities and other useful information concerning Farnborough.
How does conveyancing in Farnborough differ for new build properties?
Most buyers of new build or newly converted property in Farnborough approach us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is finished. This is because developers in Farnborough usually 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 conveyancers 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 Farnborough or who has acted in the same development.
I am looking for a leasehold apartment up to £245,000 and found one close by in Farnborough I like with open areas and transport links nearby, however it only has 51 remaining years left on the lease. I can't really find anything else in Farnborough for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a mortgage the remaining unexpired lease term may be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I'm converting the mortgage on my primary home to a buy to let mortgage with Nationwide Building Society and intend to use the remaining equity as a down payment on another house. The neighborhood we are interested in is Farnborough. Will your conveyancers be able to act for both sets of mortgage companies and link together the conveyances?
Do use our comparison tool on this site to ensure that the conveyancers are on the relevant lender panels. On the basis that they are the conveyancer should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you solicitor and specify your expectations and needs.
I am thinking of appointing a conveyancing lawyer in Farnborough for my home move. Can I review a solicitor's record with the legal regulator?
One may search for presented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training reasons.