I am not in a position to travel far from Farnborough. What is the rationale as to why all Farnborough lawyers aren't automatically on all lender panels?

A decade ago most banks exhibited an approach to risk which differs from the current day. The financial regulator in 2010 instigated a thematic review into mortgage fraud which concluded: know the lawyers on your panel. As a result, mortgage companies have since soughtmore information from law firms about their operations and the staff who work for them and set certain criteria such as completing a minimum amount of transactions. Many firms have found themselves excluded from lender panels even though they had an exemplary disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms were never going to meet the minimum amount of transactions the mortgage companies required.

I am buying a terrace house in Farnborough. The intention is to an extension at the rear at the property.Will legal due diligence on the property involve investigations to see if these alterations are permitted?

Your solicitor should check the registered title as conveyancing in Farnborough will occasionally reveal restrictions in the title documents which prohibit categories of works or need the consent of another owner. Certain works need local authority planning consent and approval in compliance with building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.

How can we tell if a Farnborough conveyancing solicitor on the Leeds Building Society panel is any good?

When it comes to conveyancing in Farnborough getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer conducting your conveyancing.

My husband and I are spending time looking at flats in Farnborough and I am about to put in an offer. Is it advisable to have my lawyer on ‘stand by’? I am planning to take a mortgage with Nationwide.

It would be prudent to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the EA. Given that you are getting a mortgage with Nationwide, ask your prospective lawyers if they are on the Nationwide conveyancing panel otherwise they can't do the mortgage legal work.

How simple is it to transfer to a new firm as I need to instruct one who is on the The Royal Bank of Scotland conveyancing list. I had appointed a family conveyancing solicitor in Farnborough five minutes from me but she is not approved by The Royal Bank of Scotland

It would be our pleasure to assist you find a conveyancing solicitor in Farnborough on the The Royal Bank of Scotland panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Farnborough. In utilising the find a conveyancing solicitor tool on this page, you can contrast costs for conveyancing solicitors in Farnborough and throughout England and Wales.

I need to retain a conveyancing solicitor for some conveyancing in Farnborough. I've land on a web site which looks to be the perfect offering If it is possible to get all this stuff done via web that would be ideal. Do I need to be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I’m about to sell my garden apartment in Farnborough. Conveyancing has not commenced, however I have recently had a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?

The sensible thing to do is clear the invoice as you normally would given that all ground rent and maintenance invoices will be allotted on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

Farnborough Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing

Who manages the block? Most Farnborough leasehold flats will incur a service charge for the upkeep of the building set on behalf of the landlord. If you buy the flat you will have to meet this liability, normally quarterly throughout the year. This can vary from several hundred pounds to thousands of pounds for large purpose-built buildings. In all probability there will be a rentcharge to be met annual, this is usually not a exorbitant figure, say about £25-£75 but you need to enquire it because on occasion it could be many hundreds of pounds. How many of the leaseholders are in arrears for their maintenance charge payments?