I have given 2 months notice to my existing landlord and have to leave my let out property in Farnborough by 22/7/2025. Conveyancing on my purchase has just started. How realistic is it to complete in 4 weeks as don't want to have to move into short term accommodation?
The normal practice is not to give notice for your lease until exchange of contracts has taken place. Assuming that you have not already done so, speak to your conveyancer and urge them to they seek the assistance the sellers solicitors, try to get a realistic time scale from them that everyone will work towards
What does a local search tell me concerning the house I am buying in Farnborough?
Farnborough conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company for instance Searches UK The local search is essential in every Farnborough conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your new home. The search should supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
I decided to have a survey completed on a house in Farnborough prior to retaining conveyancers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some lenders will not grant a mortgage on a flying freehold property.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Farnborough. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Farnborough to see if the conveyancing will be more expensive.
I am looking into buying my first house which is in Farnborough and I am already nervous. I couldn't find anything specific about Farnborough. Conveyancing will be needed in due course but do you know about the Farnborough area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Farnborough. In the meantime here are some basic statistics that we found
I've recently bought a leasehold house in Farnborough. Do I have any liability for service charges for periods before completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Farnborough Leasehold Conveyancing - Sample of Queries Prior to Purchasing
-
How long is the Lease? This information is helpful as a) areas may result in problems for the building as the common areas may begin to deteriorate if services are not paid for b) if the leasehold owners have a dispute with the running of the building you will want to have complete disclosure What restrictions are there in the Farnborough Lease?
Do online conveyancing companies do everything a local Farnborough solicitor does or must I use a solicitor for the final stages for my conveyancing in Farnborough?
If you use an online conveyancer they should cover all the things your Farnborough solicitor would cover.