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FACT : Southsea Conveyancing Solicitors Know more about Conveyancing in Southsea

Southsea Conveyancing Statistics*

  • 1 Percentage of cases in Southsea that are buy to let is 28%
  • 2 152 is the median number of years remaining on leases in Southsea
  • 3 Average Stamp Duty Payable for this year to date was £3,735
  • 4 Average Land Registry Fee for this year to date was £270
  • 5 Average time from start to moving day was 32 days for conveyancing in Southsea

Examples of recent conveyancing in Southsea since July 2021*

Disposal

of flat Auckland Road East PO5 2HA, at buying amount of £180,000. Leasehold conveyancing included: sending the transfer to the vendor for execution in readiness for completion, taking formal instructions from and updating the seller client, preparing statement detailing charges

Sale

of flat Malvern Road PO5 2NB, at sale consideration of £139,995. Leasehold conveyancing included: drafting the sale agreement and Transfer, obtaining official copies of the title, agreeing completion date with parties

Sale

of semi property, Ashby Place, PO5 3NA completing on 10/08/2021 at a price of £471,500. The legal transfer of property incorporates some of the following tasks: drafting the sale agreement and Transfer, dealing with appropriate requisitions and enquiries, taking formal instructions from and updating the seller client

Sale

of terraced residence, Netley Terrace, PO5 3NF completing on 10/08/2021 at a price of £635,000. The conveyancing process incorporates some of the following tasks: drafting the sale agreement and Transfer, agreeing completion date with parties, sending title deeds and signed transfer to purchaser’s lawyers

Recently asked questions about conveyancing in Southsea

I am only a couple days away from an exchange on a flat in Southsea and my parents have transferred the ten percent deposit to my property lawyer. I am now advised that as the deposit has been received from someone other than me my lawyer needs to disclose this to my bank. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I disclosed to the lender concerning my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?

Your conveyancer is obliged to clarify with mortgage company to ensure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.

We note that you have a post code search directory listing firms on the Coventry BS conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Southsea?

We are a listing service only for law firms wishing to communicate if they are on the Coventry BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Southsea.

Our lender has suggested a law firm on their panel based in Southsea but I would rather use a conveyancing lawyer in Southsea local to me. Are you able to assist?

Far from all Southsea conveyancing solicitors are on all banks conveyancing panel. Use our search tool to locate a Southsea conveyancing firm on the on the lender panel.

I have been told that property searches are the main cause of obstruction in Southsea conveyancing transactions. Is that correct?

The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of hindrances in the conveyancing process. Local searches are not likely to feature in any delay in conveyancing in Southsea.

Due to the encouragement of my in-laws I had a survey completed on a property in Southsea in advance of instructing conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some banks tend refuse to issue a loan on such a house.

It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you e-mail us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Southsea. Conveyancing may be slightly more expensive based on your lender's requirements.

Is it true that a Southsea conveyancing firm got sued by a client for failing to conduct the appropriate conveyancing investigations?

We are not aware of such a Southsea conveyancing matter but it has been reported that, clients purchasing a home in Cumbria successfully won a case against their conveyancer as a consequence of development plans to construct a wind farm not being identified in conveyancing searches.

If you are thinking of buying a home in Southsea It is critical that your solicitor purchase all Southsea conveyancing searches needed to ensure you have relevant and up to date information before acquiring a home in Southsea.

Last updated

Sample of conveyancing solicitors in Southsea regulated by the SRA

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

  • Woodgate & Co, 95-97 Palmerston Road, Southsea, Hampshire, PO5 3PR
  • Large & Gibson, Kent House, 49 Kent Road, Portsmouth, Hampshire, PO5 3EJ
  • Howard Green Llp, The Attic, 10 Victoria Road South, Southsea, Hampshire, PO5 2DA
  • Bramsdon & Childs, 141 Elm Grove, Southsea, Hampshire, PO5 1HR
  • Gurney-champion & Co, Champion House, 104 Victoria Road North, Southsea, Portsmouth, Hampshire, PO5 1QE

Commercial Conveyancing solicitors in Southsea regulated by the SRA

The firms listed below are a small selection of solicitors in Southsea with expertise in commercial conveyancing in Southsea. This will likely include advice on buying or selling a shop, pub, restaurant, office, retail unit
  • Large & Gibson, Kent House, 49 Kent Road, Portsmouth, Hampshire, PO5 3EJ
  • Bramsdon & Childs, 141 Elm Grove, Southsea, Hampshire, PO5 1HR
  • Gurney-champion & Co, Champion House, 104 Victoria Road North, Southsea, Portsmouth, Hampshire, PO5 1QE
  • Stokes Solicitors Llp, 108 Victoria Road North, Southsea, Hampshire, PO5 1QQ
  • Allens, Pendower House, Northumberland Road, Cumberland Business Centre, Southsea, Portsmouth, Hampshire, PO5 1DS

Residential Licensed Conveyancers in Southsea regulated by the CLC

Please note that the listed conveyancers do not limit their work for conveyancing in Southsea but also conveyancing across England and Wales.
  • Five Property Lawyers Ltd, 5 Seagrove Avenue, PO11 9EU
  • Terence Michael Willey & Co Ltd, 8 Cross Street, PO33 2AD
  • Terence Michael Willey & Co Ltd, 27a Cross Street, PO33 2AA
  • Paul Wilks & Co Limited, 3 Garfield Road, PO33 2PS
  • Solent Property Lawyers Limited, First Floor 118-120 High Street, PO13 9DB

*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.