As someone with no idea as to conveyancing in Hampshire what is your top tip you can impart for the house moving process in Hampshire
You may not hear this from too many lawyers but conveyancing in Hampshire or throughout England and Wales is an adversarial process. In other words, when it comes to conveyancing there exists plenty of opportunity for friction between you and other parties involved in the ownership transfer. E.g., the seller, property agent and on occasion your mortgage company. Choosing a law firm for your conveyancing in Hampshire an important selection as your conveyancer is your adviser, and is the ONLY party in the process whose role it is to look after your best interests and to protect you.
We are witnessing a definite creep of a "blame" culture- someone has to be at fault for the process being so protracted. You your first instinct should be to trust your conveyancer above the other parties in the home moving process.
How does conveyancing in Hampshire differ for newly converted properties?
Most buyers of new build premises in Hampshire approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is completed. This is because builders in Hampshire typically acquire 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 conveyancers 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 used to new build conveyancing in Hampshire or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Hampshire ahead of retaining conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some banks will not give a loan on such a home.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hampshire. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my existing home to a BTL loan with Platform Home Loans Ltd and intend to use the remaining equity towards another house. The location we are looking at is Hampshire. Will your lawyers be able to act for the two mortgage companies and link together the transactions?
Do use our comparison tool on this site to ensure that the lawyers are approved by both lenders. Assuming that they are your solicitor will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and make apparent your desired outcome and needs.
How does one remove a deceased person's details from the title deeds for a property in Hampshire?
Where a Hampshire property is jointly owned and one of the owners dies, the name will not immediately be removed from the title deeds. It is not necessary to amend the title as in the event of a disposal you would simply be asked to evidence why the co owner is missing from the transfer, typically this takes the form of a grant of probate.
With the aim of making things smoother for the sale of the property you may arrange to have the deceased name erased from the title by submitting an application to HMLR with evidence of the death. There is no land registry fee payable.