Having been told to check out your organisation we were about to go ahead with a conveyancing solicitor in Farnborough listed on your site but have come across alternative costs illustrations via the web look less pricey – how come?

One can find numerous solicitors promoting supposedly £99 conveyancing, yet more often than not supplementalcharges result in the closing invoice being escalated. In accordance with regulatory requirements costs contained in terms of engagement should be equitable invoiced The solicitors that we put forward for conveyancing in Farnborough genuinely set out all costs for a residential conveyancing transaction.

Will our solicitor be raising questions regarding flooding during the conveyancing in Farnborough.

Flooding is a growing risk for conveyancers conducting conveyancing in Farnborough. There are those who acquire a house in Farnborough, fully aware that at some time, it may be flooded. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the property. Steps can be carried out during the course of a property purchase to forewarn the buyer.

Solicitors are not qualified to offer advice on flood risk, but there are a numerous checks that can be carried out by the buyer or by their conveyancers which will give them a better appreciation of the risks in Farnborough. The standard information sent to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual inquiry of the owner to discover whether the premises has ever been flooded. In the event that the property has been flooded in past and is not revealed by the vendor, then a buyer may bring a legal claim for losses resulting from an inaccurate response. A buyer’s conveyancers will also conduct an enviro report. This should reveal if there is any known flood risk. If so, additional inquiries should be conducted.

I am looking for a leasehold apartment up to £245,000 and found one near me in Farnborough I like with a park and transport links in the vicinity, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Farnborough suitable, so just wondered if I would be making a grave error purchasing a short lease?

Should you require a home loan that many years will be an issue. Reduce the price by the anticipated 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 could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.