AssumingI was to purchase a simple residential homein Gosport for cash and dispense with a survey and no local authority searches how much would I expect to have to pay for conveyancing in Gosport?

The sole saving you would achieve is the disbursement for searches. Your is required to do the vast majority of work - money laundering, correspond with your sellers , SDLT submission, register the ownership etc. A marginal saving might be made by not needing to register a mortgage however it won't be meaningful.

Forgive me if this question is silly but I am new to the house moving as a 1st time purchaser of a two bedroom flat in Gosport. Do I collect the keys to the property on the completion date from my lawyer? If so, I will appoint a High Street conveyancing solicitor in Gosport?

There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the seller's conveyancers, and shortly after the monies have arrived, you should be called to pick up the keys from the selling Agents and start moving into the property. Usually this occurs between 1 and 3pm.

I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Gosport bank branch on various occasions and was told they are content with the situation and they would lend. My Gosport conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend based on their specific requirements. I have no idea who is right.

Your has to comply with the Council of Mortgage Lenders’ Handbook section two specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

My offer was accepted on a property in Gosport on , valuation was booked 3 days later, all came back fine. Property lawyer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the conveyancing panel. Are entitled to hold back the Mortgage pending the lawyer being on the approved list?

Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for to deal with your lawyer's application to be on the conveyancing panel. There's no guarantee that your solicitor will be accepted.

Will our solicitor be making enquiries about flooding as part of the conveyancing in Gosport.

Flooding is a growing risk for lawyers conducting conveyancing in Gosport. There are those who buy a property in Gosport, fully aware that at some time, it may suffer from flooding. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or dispose of the premises. There are steps that can be taken during the course of a property purchase to forewarn the buyer.

Solicitors are not qualified to offer advice on flood risk, however there are a numerous searches that may be undertaken by the buyer or by their conveyancers which should figure out the risks in Gosport. The conventional set of information sent to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) contains a standard question of the vendor to find out if the premises has historically flooded. If flooding has previously occurred and is not disclosed by the vendor, then a buyer could issue a compensation claim stemming from an incorrect answer. A buyer’s conveyancers will also order an enviro search. This should higlight whether there is a recorded flood risk. If so, further inquiries will need to be made.

2 months have gone by since my purchase conveyancing in Gosport concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am using a search engine for the term on line conveyancing in Gosport it shows results of many conveyancerslocally. How do I determine which is the right solicitor for the sale of my house?

The best method of finding a suitable conveyancer is via personal referral, so enquire of colleagues and relatives who have bought a property in Gosport or the local estate agent or mortgage broker. Charges for conveyancing in Gosport vary, so it's advisable to obtain a minimum of four fee calculations from different companies. Make sure that you know that the fees are fixed.