Can you explain why leasehold purchase conveyancing in Hampshire costs more?
Hampshire leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
My brother-in-law has suggested I instruct a conveyancing solicitor in Hampshire. I need to find out if they are accepted on the Alliance & Leicester conveyancing panel. Can you help?
The first thing to do is e-mail the lawyer and enquire whether they are on the lender panel. Alternatively you should call Alliance & Leicester who may be able to confirm.
We are purchasing a 3 bedroom semi in Hampshire. We would like to an extension at the rear at the house.Will the conveyancing process include enquiries to see if these alterations were previously refused?
Your solicitor will review the deeds as conveyancing in Hampshire will sometimes identify restrictions in the title deeds which restrict categories of works or need the consent of another owner. Certain extensions call for local authority planning consent and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be prudent to check these things with a surveyor ahead of any purchase.
Can you help - my lawyer advises that lack of right of way insurance is necessary on my purchase. What is the level of cover for Hampshire conveyancing?
The right level of lack of right of way indemnity insurance depends on who your lender is. It would differ for example between Santander and Norwich and Peterborough Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.
I happen to be the sole recipient of my late father’s will with all property in now in my sole name, including the my former home in Hampshire. The Hampshire property was put into my name in December. I want to move. I understand that there is a CML six month 'rule', which means that my proprietorship may be treated the same way as though I had purchased the house in December. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. How sensible a view lenders take of it, depend on the bank as this clause primarily exists to pick up on subsales or the wholesaling and assigning of property.
I opted to have a survey done on a property in Hampshire ahead of retaining conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some banks may refuse to issue a loan on a flying freehold home.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hampshire. Conveyancing will be smoother if you use a solicitor in Hampshire especially if they are familiar with such properties in Hampshire.
I only have 62 years remaining on my flat in Hampshire. I now want to extend my lease but my freeholder is can not be found. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. However, you will be required to demonstrate that you have made all reasonable attempts to track down the lessor. For most situations a specialist should be useful to carry out a search and to produce a report to be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer in relation to investigating the landlord’s disappearance and the application to the County Court overseeing Hampshire.
I inherited a 1 bedroom flat in Hampshire, conveyancing having been completed 9 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Hampshire with over 90 years remaining are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease finishes on 21st October 2081
With just 55 years left to run we estimate the premium for your lease extension to be between £31,400 and £36,200 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.
Me and myfiance and I are are looking to find a dependable conveyancing solicitor in Hampshire to help me sell my apartment. I am aware of the risk of getting ripped off but with many Hampshire conveyancing practices out there...how do I know which one is best to select?
To fee estimates for your move from the conveyancing firms that offers services in Hampshire please use our quote tool.