Find a Lender-Approved Local Conveyancer in Petersfield

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Cheap conveyancing in Petersfield does not necessarily mean low quality - but the odds are stacked against you

Top reasons to let us assist you choose a local conveyancing solicitor in Petersfield

  • 1 The hallmark of our conveyancing solicitors in Petersfield is quality not quantity. The level of service offered by conveyancing "factories" (sometimes 'recommended' by large estate agency chains) often falls short of the high standards of professionalism you will expect.
  • 2 We are the UKs most comprehensive residential conveyancing directory service identifying bank approved law firms carrying out conveyancing in Petersfield who are regulated by the SRA or CLC.
  • 3 Petersfield property lawyer are the key to a successful Petersfield conveyancing experience, keeping the process under control. They are on your side throughout, offering dedicated advice for the duration of your transaction
  • 4 The Petersfield conveyancing firms that are identified are committed to supplying the most cost, efficient and transparent conveyancing service to purchasers, sellers and remortgagors in Petersfield
  • 5 Firms that specialise in conveyancing in Petersfield have a grasp oflocal concerns specific to Petersfield and therefore you may benefit from better guidance and speedier conveyancing.

Examples of recent conveyancing in Petersfield since September 2023*

Purchase

of flat Park Road GU32 3DL, acquired for £205,500. Leasehold conveyancing due diligence included: sending the transfer to the vendor for execution in readiness for completion, agreeing completion date with parties, setting up the completion formalities

Transfer

of house premises, Barham Road, GU32 3EX completing on 11/09/2023 at a price of £515,000. The conveyancing process incorporates some of the following tasks: drafting the sale agreement and Transfer, sending the transfer to the seller for execution in preparation for completion, taking formal instructions from and updating the seller client

Sale

of house residence, Station Road, GU31 4AH completing on 22/09/2023 at a price of £965,000. The conveyancing process included amongst the various tasks: drafting the sale agreement and Transfer, preparing statement detailing charges, sending title deeds and executed transfer to purchaser’s lawyers

Sale

of terraced property, Herne Road, GU31 4DP completing on 18/09/2023 at a price of £550,000. The conveyancing process included amongst the various tasks: drafting the sale agreement and Transfer, dealing with appropriate requisitions and enquiries, setting up the completion formalities

Recently asked questions about conveyancing in Petersfield

I am progressing with the sale of my flat in Petersfield and the estate agent has just text me to warn that the purchasers are appointing a new property lawyer. The excuse is that the lender will only engage with property lawyers on their conveyancing panel. Why would a major mortgage company only work with certain law firms rather the firm that they want to appoint to handle their conveyancing in Petersfield ?

Lenders have always had an approved set of law firms that can act for them, but in the last few years big names such as Santander, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for more than 15 years.

Lenders attribute this action to a rise in fraud as the reason for the cull – criteria have been stiffened as a smaller panel is easier to maintain. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is being contacted daily by practices that have been removed from panels. Plenty of firms are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The purchasers are unlikely to have any sway in the decision.

I require conveyancing for an apartment in a relatively new development (five years old) in Petersfield. The vast majority the flats have already been sold. Do I need carry out the conveyancing searches as part of conveyancing in Petersfield?

You would be taking a significant risk in not carrying out Petersfield conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would seriously advise in the strongest possible terms that your conveyancer conducts them. If time pressures and price are top of your issues you should consider with your lawyer about the options such as lack of search insurance available to you

The Petersfield conveyancing lawyers that just started acting on my house acquisition in Petersfield have suddenly closed. I chose them because I had to have a firm on the Nottingham conveyancing panel and my family Petersfield lawyer was not. I cut them a cheque for £250 in advance. What are my options?

If you have an estate agent involved then let them know straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nottingham conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist.

How does conveyancing in Petersfield differ for new build properties?

Most buyers of new build or newly converted property in Petersfield approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Petersfield usually 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 accustomed to new build conveyancing in Petersfield or who has acted in the same development.

Over the last few months I have been searching for a flat up to £195,000 and identified one close by in Petersfield I like with a park and transport links nearby, however it only has 52 years unexpired on the lease. I can't really find anything else in Petersfield suitable, so just wondered if I would be making a grave error acquiring a short lease?

Should you require a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.

I am selling my house. My past solicitors have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Petersfield if that affects matters.

You should use our search tool to help you find a solicitor for your conveyancing in Petersfield. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.

Last updated

Sample of conveyancing solicitors in Petersfield regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Petersfield but also conveyancing throughout England and Wales.

  • Burley & Geach, 8 Swan Street, Petersfield, Hampshire, GU32 3AE
  • Mackarness & Lunt, 16 High Street, Petersfield, Hampshire, GU32 3JJ
  • Donna L Corbin, Antrobus House Business Centre, Antrobus House, 18 College Street, Petersfield, Hampshire, GU31 4AD
  • Macdonald Oates Llp, Walltree Court, St. Peters Road, Petersfield, Hampshire, GU32 3HT

Residential conveyancing in Petersfield usually comprises the following:

  • Obtaining instructions from the appropriate parties
  • Collating the documents evidencing the title to the property
  • Drawing up the contract and associated documents
  • Supplying draft papers to the conveyancer representing the buyer
  • Negotiating contracts and answering further enquires from the purchaser’s conveyancer
  • Negotiating the transfer document
  • Responding to requisitions submitted by the purchaser’s conveyancer
  • Proceeding to exchange of contracts and then completion formalities
  • Receiving sale proceeds and wiring funds to the owner, the estate agent and redeeming the home loan (where appropriate)

Transfer of Equity conveyancing in Petersfield 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
  • Collating the documents evidencing the title to the property
  • Representing bank (where relevant)
  • Negotiating the terms of the transaction
  • Drawing up Transfer or approving the Transfer deed
  • Negotiating amendments to the draft Transfer
  • Corresponding with parties concerning the Transfer
  • Agreeing and preparing for completion
  • Receiving and releasing monies to relevant parties
  • Completing and submitting to HM Revenue and Customs the appropriate SDLT forms and payment
  • Registering the transfer of ownership and the mortgage (where appropriate) at the Land Registry.

*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.