Will conveyancers ask for money up-front for conveyancing in Waterlooville?

Where you are retaining lawyers for conveyancing in Waterlooville your lawyer will ask you to provide them with funds to cover the search fees. Ordinarily this is asked for to cover the fees of the conveyancing searches. If any down payment is payable against the purchase price then this should be required immediately ahead of exchange of contracts. Any further balance that is needed should be transferred a few days ahead of the day of completion.

I am looking to buy a house and need a conveyancing solicitor in Waterlooville who is on the Santander conveyancing. Could you point me in the right direction as regards a firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Santander in certain locations such as Waterlooville. We dont recommend any particular firm.

I have been recommended by a few estate agents in Waterlooville to select a solicitor on your site. What’s the financial advantage for Estate Agents to recommend your services over a competitor’s?

We don’t offer any commission for directing people to this site. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.

Can you provide any top tips for leasehold conveyancing in Waterlooville with the purpose of speeding up the sale process?

• A significant proportion of the delay in leasehold conveyancing in Waterlooville can be bypassed where you get in touch lawyers as soon as your agents start advertising the property and request that they start to put together the leasehold documentation needed by the purchasers’ conveyancers.
You may think that you are aware of the number of years remaining on your lease but you should double-check via your solicitors. A purchaser's conveyancer will be unlikely to recommend their client to where the lease term is under 75 years. In the circumstances it is essential at an early stage that you identify whether the lease term for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale. If you hold a share in a the freehold, you should make sure that you have the original share document. Arranging a duplicate share certificate can be a lengthy formality and frustrates many a Waterlooville conveyancing transaction. If a duplicate share is necessary, you should approach the company officers or managing agents (where applicable) for this sooner rather than later. If you have carried out any alterations to the property would they have required Landlord’s consent? Have you, for example laid down wooden flooring? Waterlooville leases often stipulate that internal structural changes or addition of wooden flooring necessitate a licence from the Landlord approving such works. Should you fail to have the consents in place you should not contact the landlord without checking with your conveyancer first.

I acquired a 1st floor flat in Waterlooville, conveyancing formalities finalised February 2000. How much will my lease extension cost? Comparable properties in Waterlooville with over 90 years remaining are worth £227,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ends on 21st October 2096

With only 71 years left to run we estimate the price of your lease extension to range between £9,500 and £11,000 as well as costs.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.

We have had DIP from Platform Home Loans Ltd who indicated we could borrow up to £350k. When do we need to appoint a lawyer for conveyancing? Waterlooville is where we plan to move to.

It would be wise to appoint a conveyancing practitioner now so that the conveyancer can open the file so they can do the ID checks etc. Once you wish them to start work you will be asked for a deposit normally about £175. That should generally be after you have the loan offer from the lender and survey back, but if you wish to speed the process you can start quicker even though you may be risking some money.