How up to date is your search tool for Southsea conveyancing solicitors on the HSBC conveyancing panel? Do HSBC send you an updated list?
Southsea conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
I can see plenty of information on this site concerning conveyancing in Southsea but can you isolate your top tip for finding the right conveyancer in Southsea
We would encourage you not to go for the cheapest Southsea conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I'm the single recipient of my late grandmother’s estate and I have everything in my name alone, including the my former home in Southsea. Conveyancing formalities meant that the Land Registry date was in May. I now wish to sell up. I understand that there is a CML 6 month 'rule', meaning my proprietorship could be considered the same way as though I had purchased the property in May. Will no one buy the property for half a year?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. How sensible a view banks take of it, depend on the lender as this requirement is chiefly there to capture subsales or the quick reselling of properties.
The formalities of my purchase has taken place for my property in Southsea. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. In most cases complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Should our conveyancer be raising questions about flooding during the conveyancing in Southsea.
The risk of flooding is if increasing concern for lawyers dealing with homes in Southsea. There are those who buy a property in Southsea, completely aware that at some time, it may be flooded. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Solicitors are not best placed to impart advice on flood risk, however there are a various checks that can be undertaken by the purchaser or on a buyer’s behalf which should figure out the risks in Southsea. The standard completed inquiry forms given to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) includes a usual question of the seller to find out whether the property has historically flooded. In the event that the property has been flooded in past which is not revealed by the vendor, then a purchaser may commence a claim for damages resulting from an inaccurate response. A purchaser’s solicitors will also conduct an environmental report. This will reveal if there is any known flood risk. If so, further inquiries will need to be initiated.
I'm purchasing a new build house in Southsea with the aid of help to buy. The sellers would not budge the price so I negotiated 6k of extras instead. The estate agent suggested that I not inform my conveyancer about this deal as it will adversely affect my loan with the bank. 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 decided to have a survey completed on a house in Southsea before retaining conveyancers. I have been told that there is a flying freehold element to the property. The surveyor advised that some mortgage companies may refuse to issue a mortgage on such a house.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Southsea. Conveyancing may be slightly more expensive based on your lender's requirements.
I have been sourcing a conveyancing practitioner in Southsea for my house move. Is there any facility to see a firm’s record with the legal regulator?
You can review documented Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator sometimes recorded call for training reasons.