four months have elapsed since my purchase conveyancing in Hampshire concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How easy is it to use the search app to get a quote from a conveyancing solicitor in Hampshire on the authorised to act for my lender?
1st pick a mortgage company such as Nationwide Building Society, Leeds Building Society or Bank of Ireland then choose your location for instance Hampshire. Conveyancing organisations in Hampshire and across England and Wales will then be identified.
I am using a search engine for the phrase cheap conveyancing in Hampshire it brings up many solicitorslocally. With so much choice what is the best way to find the suitable property lawyer for my move?
The preferential method of finding the right conveyancer is through a trusted recommendation, so ask colleagues and those you trust who have acquired a property in Hampshire or the local estate agent or mortgage broker. Charges for conveyancing in Hampshire vary, so it's sensible to request at least three fee calculations from different solicitors. Make sure that you clarify what costs in the quote includes.
I today plan to offer on a house that seems to be perfect, at a reasonable price which is making it all the more appealing. I have subsequently found out that the title is leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a leasehold house in Hampshire. Conveyancing advisers have are soon to be appointed. Will they explain the issues?
Most houses in Hampshire are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can help the conveyancing process. It is clear that you are buying in Hampshire in which case you should be shopping around for a Hampshire conveyancing solicitor and check that they have experience in dealing with leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example requiring the freeholder’spermission to conduct alterations. You may also be required to pay a service charge towards the upkeep of the estate where the house is located on an estate. Your solicitor will report to you on the legal implications.
Hampshire Conveyancing for Leasehold Flats - Sample of Queries before Purchasing
How much is the ground rent and service charge? How long is the Lease? Where a Hampshire lease has fewer than 80 years it will have adverse implications on the salability of the property. It is worth checking with your mortgage company that they are willing to go ahead with the loan given the lease term. A short lease means that you will almost definitely have to extend the lease sooner rather than later and it is worth discovering how much this will be. For most Hampshirelease extensions you will be required to have owned the premises for two years in order to be entitled to extend the lease.
Our conveyancing in Hampshire is set to complete on Friday, however the sellers I am purchasing off wishes to vacate on the Saturday at 2pm. Can I agree to this?
If you require a loan then your solicitor will demand that you have vacant possession on Friday - the lending institution will demand it.