My partner’s sister is a property lawyer. I hope that I can be offered friends and family pricing for conveyancing, but if not, what kind of figure would I typically be looking at for conveyancing in Southsea?
Do compare pricing. Make use of our comparison tool on this page. The charges seem to contrast greatly but service levels do differ between conveyancers as is true with most professions.
Would the conveyancing lawyers listed on your site perform conveyancing in Southsea by way of an attended exchange?
There are a few conveyancing experts who can conduct 24hr exchanges. Please e-mail us to get a conveyancing quote and details as to dates.
Can I use your services to recommend a Conveyancing solicitor in Southsea even if I’m not buying or selling a house, for example if I wish to buy an office in Southsea with a mortgage from TSB?
Our search tool is predominantly there to find residential conveyancing solicitors in Southsea but we have set out at the bottom of this page a few Southsea commercial conveyancing firms. You should speak with the firm directly to check if they can also act for TSB
My bid for a property was accepted at auction in Southsea. Conveyancing is needed. What are my next steps?
Now that you have for in every practical sense signed on the dotted line you will need to hire the services of a conveyancing lawyer quickly as you are facing a fast approaching a drop dead date to complete the purchase. Every auction property should have a corresponding auction pack. This should include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the auction papers may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to leasehold premises. You should give this to the lawyer instructed by you at the earliest opportunity. You also need to ensure that you have funds in place to complete the transaction on the set completion date.
Are all Southsea Conveyancing Quality Solicitors on the Coventry BS conveyancing panel?
Some major banks and building societies now use the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of firms.
Having digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Southsea solicitor - who is on the Yorkshire BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Yorkshire BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Yorkshire BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Southsea surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I'm buying my first flat in Southsea with the aid of help to buy. The sellers refused to budge the amount so I negotiated 6k of extras instead. The house builders rep told me not inform my lawyer about this deal as it would jeopardize my loan with the lender. Is this normal?.
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.
Over the last few months I have been searching for a ground for flat up to £305k and found one round the corner in Southsea I like with amenity areas and transport links in the vicinity, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Southsea in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a mortgage the shortness of the lease will be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.