Why would one appoint a Hampshire conveyancing practice when web based conveyancers are easier on the wallet?
By all means make sure that you get 2 or 3 like-for-like quotes for conveyancing costs in Hampshire and you should seek a reasonable estimate but don’t become consumed with scouring the internet for the cheapest Hampshire conveyancer. Finding the right conveyancer can mark the difference between a seamless and a distressing move. You need to ensure that you have expert advice from a trusted solicitor. Emails can't replace a telephone discussion and can never replicate a one to one consultation. The firms that we work with will find you a qualified and trusted conveyancing solicitor who can tackle your conveyancing from from the outset to completion, providing a level of personalised service that you rarely receive from an online conveyancer. He or She will inform you as to headway and keep you informed. If you ever need to phone the office you will be sure who to ask for and they will endeavour to make sure that you are kept fully informed.
My wife and I are buying a newly constructed duplex in Hampshire and my solicitor is informing me that she is duty bound to the bank to reveal incentives from the developer. I am on a tight deadline to sign contracts and my preference is not to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are aiming to move property in July. Will my conveyancing solicitor update the removal company on the completion day. On a separate note, can you recommend a removal company in Hampshire. Conveyancing firm was found before I stumbled across this website.
On the day of completion you can collect the house keys from the selling agent however this should only be done when the vendors solicitors inform the agent that they have the completion monies and the keys can be passed over. You will need to advise the removal company that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can help you locate a conveyancing in Hampshire or a legal practice with expertise in conveyancing in Hampshire.
We are getting a further advance on our mortgage from HSBC as we wish to carry out a loft conversion to our house in Hampshire. Do we need to choose a local Hampshire solicitor on the HSBC conveyancing panel to handle the paperwork?
HSBC would not normally require firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC conveyancing panel.
I have today made my last payment due on my mortgage with Co-operative. I assume I don't need a Hampshire solicitor on the Co-operative panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
I need some expedited conveyancing in Hampshire as I have pressure to sign on the dotted line within one month. Thankfully I do not need a mortgage. Can I avoid the conveyancing searches to save money and time?
If.Given you are are a cash buyer you are at free not to do searches although no law firm would advise that you don't. Drawing on our experience of conveyancing in Hampshire the following are instances of issues that can be revealed and therefore affect market value: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Road Schemes,...
Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one round the corner in Hampshire I like with amenity areas and station nearby, however it only has 52 years on the lease. I can't really find anything else in Hampshire suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a mortgage that many years will be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
Last December I purchased a leasehold flat in Hampshire. Do I have any liability for service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee 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. A critical element 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).
Hampshire Leasehold Conveyancing - A selection of Queries Prior to Purchasing
-
The best form of lease arrangement is a share of the freehold. In this scenario the tenants have control and although a managing agent is often employed where the building is larger than a house conversion, the managing agent is directed by the tenants. Who takes responsibility for maintaining and repairing the block? Best to be warned whether redecorating or some other major work is due in the foreseeable future to be shared between the leaseholders and will dramatically increase the the maintenance costs or necessitate a one time payment.