Our bank has recommended solicitors on their panel based in Hampshire but I would rather use a conveyancing lawyer in Hampshire or nearer to where I live. Are you able to help?
Far from all Hampshire conveyancing solicitors are listed all banks conveyancing panel. Use our find an approved solicitor tool to locate a Hampshire conveyancing firm on the on the bank panel.
How does conveyancing in Hampshire differ for new build properties?
Most buyers of new build premises in Hampshire come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Hampshire tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Hampshire or who has acted in the same development.
I have been on the look out for a flat up to £245,000 and found one round the corner in Hampshire I like with open areas and railway links nearby, however it only has 61 years unexpired on the lease. I can't really find anything else in Hampshire suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the shortness of the lease will likely be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months 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 existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
We're FTB’s - had an offer accepted, but the agent has warned us that the vendor will only go ahead if we instruct the agent's recommended conveyancers as they need an ‘expedited deal’. We would rather use a local conveyancer who is accustomed to conveyancing in Hampshire
It is unlikely the sellers are driving this. Should the vendor require ‘a quick sale', alienating a genuine buyer is is going to put the whole deal at risk. Contact the sellers directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you wish to move quickly (e)however you will continue to use your own,trusted Hampshire conveyancing solicitors - not the ones that will provide their negotiator at the agency a kickback or hit his conveyancing thresholds set by head office.
I am tempted by the attractive purchase price for a couple of flats in Hampshire which have about forty five years left on the lease term. Should I regard a short lease as a deal breaker?
There are plenty of short leases in Hampshire. The lease is a right to use the premises for a period of time. As the lease shortens the value of the lease reduces and results in it becoming more expensive to acquire a lease extension. For this reason it is generally wise to increase the term of the lease. More often than not it is difficult to sell a property with a short lease because mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We advise that you get professional help from a conveyancer and surveyor with experience in this area.
Leasehold Conveyancing in Hampshire - Examples of Queries Prior to Purchasing
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You will want to discover as much as possible regarding the company managing the building as they will affect your use and enjoyment of the property. Being a leasehold owner you are frequently at the mercy of the managing agents both financially and when it comes to day to day issues such as the tidiness of the common parts. You should not be shy to ask other people what they think of their service. In conclusion, be sure you know the dates that the service charges are due to the relevant party and specifically what it includes. Is the freehold reversion owned collectively by the leaseholders? This information is helpful as a) areas may result in problems for the block as the communal areas may begin to deteriorate where repairs are not paid for b) if the leaseholders have a dispute with the running of the building you will need to have full disclosure
What are my options where I am not happy with the lawyer who carried out my conveyancing in Hampshire?
Occasionally the level of service you receive is not as you expect, and unfortunately sometimes matters do not go as planned. However there is recourse if you were unhappy with your conveyancing in Hampshire. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their governing body. If you remain aggrieved you may consider enlisting the help of the Legal Ombudsman.