Find a Lender-Approved Local Conveyancer in Bishops Waltham

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There is a good reason why you won’t find people saying “if only I would have chosen a cheap web based firm”! Go local - instruct a conveyancing solicitor in Bishops Waltham

Logical reasons to use our service to help you find a local conveyancing solicitor in Bishops Waltham

  • 1 The companies shown on our directory have a mix of conveyancing lawyers, legal executives and support staff handling over one hundred thousand cases annually.
  • 2 There is a better than average chance that the other side’s solicitors have offices in Bishops Waltham - if so sets of lawyers will have worked on conveyancing matters in the past
  • 3 Solicitors accustomed to conveyancing in Bishops Waltham have a grasp oflocal issues specific to Bishops Waltham and therefore you may benefit from better advice and faster conveyancing.
  • 4 Bishops Waltham solicitor are the linchpin to a successful Bishops Waltham conveyancing experience, keeping the process under control. They are on your side throughout, offering dedicated advice for the duration of your move
  • 5 Bishops Waltham solicitors have a significant advantage when it comes to Bishops Waltham conveyancing as they have important local knowledge of local authority requirements, planning policies and other issues that will affect your conveyancing

Examples of recent conveyancing in Bishops Waltham since August 2021*

Sale

of terraced property, Elkins Square, SO50 8HF completing on 20/08/2021 at a price of £335,000. The legal transfer of property incorporates some of the following tasks: drafting the sale agreement and Transfer, obtaining official copies of the title, preparing statement detailing charges

Sale

of semi premises, Lyndale Road, SO31 6QN completing on 20/08/2021 at a price of £290,000. The conveyancing process incorporates some of the following tasks: sending the transfer to the vendor for signature in readiness for completion, agreeing completion date with parties, sending title deeds and signed transfer to purchaser’s conveyancer

Recently asked questions about conveyancing in Bishops Waltham

Completed the sale of my flat in Bishops Waltham last April but my buyer keeps whats apping every few hours to moan that his conveyancer needs to hear from mylawyer. What are the post completion sale formalities now that I have sold?

After completion of your disposal your lawyer should send the transfer documentation and all additional paperwork to the purchaser's lawyers. If applicable, your lawyer should also send confirmation that the home loan has been repaid to the purchasers lawyers. There are no post completion formalities unique to conveyancing in Bishops Waltham.

We are selling our apartment in Bishops Waltham. Will my property lawyer have to be on the Principality conveyancing panel in order to deal with redeeming my mortgage?

Ordinarily, even if your lawyer is not on the Principality conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.

We previously appointed conveyancers located in Bishops Waltham on the Virgin Money solicitor panel. They are now charging me an additional fee for the legal aspects of the Virgin Money mortgage. Is this an additional conveyancing fee specified by Virgin Money?

Provided it is contained in their Terms of Engagement or estimate then yes your conveyancing practitioner can levy a fee for this. The fee is not set by Virgin Money but by your Bishops Waltham conveyancing practitioner. Plenty of firms on the Virgin Money panel will levy ’dealing with mortgage’ fee but some firms incorporate it on their overall fee.

The mortgage over my property is with Principality for my property in Bishops Waltham. Conveyancing has been completed months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Principality?

Principality must be informed of your intention prior to letting out your property as this is likely to be a breach of Principality’s mortgage conditions. It may be that Principality will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. It should not be necessary to do this via a Principality conveyancing panel solicitor.

I am selling my flat. I had a double glazing fitted in October 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, RBS are being difficult. The Bishops Waltham solicitor who is on the RBS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but RBS are insisting on a building regulation certificate. Why do RBS have a conveyancing panel if they don't accept advice from them?

It is probably the case that RBS have referred the matter to their valuer. The reason why RBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

How does conveyancing in Bishops Waltham differ for new build properties?

Most buyers of new build or newly converted property in Bishops Waltham come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Bishops Waltham usually purchase the real estate, 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 property lawyers 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 Bishops Waltham or who has acted in the same development.

What makes a Bishops Waltham lease problematic?

There is nothing unique about leasehold conveyancing in Bishops Waltham. Most leases are individual and drafting errors can sometimes mean that certain provisions are wrong. For example, if your lease is missing any of the following, it could be defective:

    Clauses dealing with recovering service charges for expenditure on the building or common parts.

You may have a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Nationwide Building Society, Virgin Money, and TSB all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the purchaser to pull out.

I inherited a 1 bedroom flat in Bishops Waltham, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Equivalent flats in Bishops Waltham with a long lease are worth £181,000. The ground rent is £55 invoiced every year. The lease comes to an end on 21st October 2072

With just 51 years unexpired the likely cost is going to span between £30,400 and £35,200 as well as legals.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.

My partner and I today discovered that one of the directors of the firm handling the purchase conveyancing in Bishops Waltham is an aunty of the owners that we are buying from. Is this permitted?

Provided no conflict arises this is allowable. If you are needing a mortgage then the lender may have a say as many mortgage companies have specific requirements concerning this. For example for Barclays plc as of 21/11/2021, the requirements read as follows :

1.15- May your firm act if the person dealing with the transaction or a member of his immediate family is the borrower?

Yes, in the circumstances stated in 1.15 of Part 1 of the Handbook.

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Residential Landlord and Tenant Conveyancing solicitors in Bishops Waltham

The firms listed below are a non-comprehensive list of solicitors in Bishops Waltham with expertise in landlord and tenant law and on the regulations governing different types of tenancies. This may include advice on Rent Act Protected, Assured and Assured Shorthold tenancies

  • Driver Belcher Solicitors, The Square, Bishops Waltham, Southampton, Hampshire, SO32 1GJ
  • Cw&c No 2 Nominees, Burlington House, Botleigh Grange Business Park, Hedge End, Southampton, Hampshire, SO30 2DF
  • Knight Polson Limited, 2-4 Leigh Road, Eastleigh, Hampshire, SO50 9FH

Commercial Conveyancing solicitors in Bishops Waltham regulated by the SRA

The list below is a non-comprehensive list of solicitors in Bishops Waltham practicing in commercial conveyancing in Bishops Waltham. This should include advice on complex issues under the Landlord and Tenant Act of 1954
  • Driver Belcher Solicitors, The Square, Bishops Waltham, Southampton, Hampshire, SO32 1GJ
  • Chamberlains, 2 Red Lion Street, Bishops Waltham, Southampton, Hampshire, SO32 1ST
  • Cw&c No 2 Nominees, Burlington House, Botleigh Grange Business Park, Hedge End, Southampton, Hampshire, SO30 2DF
  • David Ebert Llp, 44 High Street, West End, Southampton, Hampshire, SO30 3DR
  • Placidi Law Company Limited, 27 Middle Road, Park Gate, Southampton, Hampshire, SO31 7GH

Transfer of Equity conveyancing in Bishops Waltham is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process:

  • Taking instructions from parties involved
  • Investigating the title to the property
  • Following instructions from the bank (where appropriate)
  • Negotiating the terms of the transaction
  • Preparing the Transfer or approving the Transfer deed
  • Agreeing adjustments to the the Transfer deed
  • Communicating with parties with regards to the Transfer
  • Agreeing and preparing for completion
  • Receiving and transferring monies to relevant parties
  • Preparing and submitting to HM Revenue and Customs the correct Land Tax forms and payment
  • Dealing with the registration formalities for the transfer of ownership and the mortgage (if appropriate) at the HMLR.

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.