Why would one appoint a Hampshire conveyancing company given that national alternatives are more affordable?
By all means make sure that you shop around for conveyancing costs in Hampshire and you should seek a competitive quote but don’t become consumed with searching for the cheapest Hampshire conveyancer. Finding the right conveyancer can be the distinction between a seamless and a stressful home move. It is important that you ensure that you have expert guidance from an experienced solicitor. Emails can't take the place of a phone discussion and are no substitute for a one to one consultation. Our partner firms will allocate you a qualified and experienced conveyancing solicitor that will deal with your conveyancing from from the outset to completion, giving the sort of personalised service that you rarely receive from an web based conveyancer. He or She will keep you updated as to any developments making sure that you are never in the dark. Should you need to call the office you will be sure who you need to speak to and we'll ensure you are kept fully informed.
I am purchasing a house and need a conveyancing solicitor in Hampshire who is on the Skipton Building Society solicitor. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Skipton Building Society in certain locations such as Hampshire. We dont recommend any particular firm.
This question may be naive but I am new to the house moving as FTB of a garden flat in Hampshire. Do I pick up the keys to the property on completion from my conveyancer? If this is the case, I will instruct a local conveyancing solicitor in Hampshire?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you should be called to pick up the keys from the property Agents and start moving into the property. Usually this occurs between 1 and 3pm.
I am the only beneficiary of my late father’s estate 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 September. I now wish to sell up. I understand that there is a CML six month 'rule', meaning my proprietorship may be regarded the same way as though I had purchased the property in September. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. many banks would take a pragmatic view as this requirement chiefly exists to capture subsales or the wholesaling and assigning of properties.
I have today made my last payment due on my mortgage with Bank of Ireland. I assume I don't need a Hampshire conveyancer on the Bank of Ireland panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Bank of Ireland 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 Bank of Ireland mortgage from the register. Bank of Ireland, 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 Bank of Ireland has sent the Land Registry the discharge electronically, and
- Bank of Ireland has instructed the Land Registry to do so
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to have this when buying a house in Hampshire? or I am told that there is a law dating back centuries that means some owners of property living in a parish church boundary will be compelled to pay for repairs towards the chancel within the church. Is this a legitimate concern for conveyancing in Hampshire?
Unless a prior purchase of the property took place post 12 October 2013 you may take it that solicitors conducting conveyancing in Hampshire to remain recommending a chancel search and or chancel repair liability insurance.
I'm buying a new build house in Hampshire with a mortgage from Yorkshire Building Society. The sellers would not move on the amount so I negotiated £7000 of extras instead. The sale representative advised me not reveal to my solicitor about the deal as it may jeopardize my mortgage with Yorkshire Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am looking at a two apartments in Hampshire both have in the region of forty five years remaining on the leases. Will this present a problem?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease gets shorter the value of the lease decreases and results in it becoming more expensive to acquire a lease extension. For this reason it is advisable to increase the term of the lease. It is often difficult to sell a property with a short lease because mortgage companies may be reluctant to lend money on properties of this type. Lease extension can be a difficult process. We advise that you get professional assistance from a solicitor and surveyor with experience in this arena.
Leasehold Conveyancing in Hampshire - A selection of Questions you should consider Prior to Purchasing
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Is the freehold reversion owned jointly by the leaseholders? Plenty Hampshire leasehold flats will incur a service bill for the upkeep of the building invoiced on behalf of the freeholder. If you buy the apartment you will have to meet this contribution, normally periodically throughout the year. This could differ from a couple of hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge for you to pay annual, ordinarily this is not a large figure, say about £25-£75 but you should to enquire it because occasionally it could be many hundreds of pounds. What restrictions exist in the Hampshire Lease?