Will conveyancers request money on account when it comes to conveyancing in Havant?

Where you are retaining lawyers for conveyancing in Havant your solicitor will ask you place them with funds to cover the search fees. Generally this is requested to cover the fees of the conveyancing searches. If any down payment is payable against the purchase price then this should be needed immediately ahead of exchange of contracts. The closing balance that is due will be payable shortly before completion.

What is the best way to find out if the solicitor carrying out my conveyancing in Havant is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Skipton Building Society thus spending £175.00 in additional legal charges.

Feel free to take advantage of the find a conveyancing panel solicitor tool on this page. Pick the lender and type ‘Havant’ or your location and you will be presented with a number of lawyer based in Havant or nearest you.

I opted to have a survey carried out on a property in Havant in advance of appointing conveyancers. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some banks will not give a mortgage on such a house.

It depends who your proposed lender is. HSBC has different instructions from Halifax. If you e-mail us we can check with 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 Havant. Conveyancing may be slightly more expensive based on your lender's requirements.

What tools are available to locate a Havant law firm on the HSBC Bank conveyancing panel? I have wheels and am willing to travel upto 25miles to meet the solicitor.

Feel free to make use of the tool on this page. Please select a mortgage company and your location and you will see a number of Havant conveyancing lawyers based on proximity. We have detailed some Havant conveyancing firms at the bottom of this page and you can telephone them to verify whether they are on the HSBC Bank member panel

Can you provide any advice for leasehold conveyancing in Havant with the aim of expediting the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Havant can be avoided if you get in touch lawyers the minute your agents start marketing the property and ask them to collate the leasehold documentation which will be required by the purchasers’ conveyancers.
If there is a history of conflict with your freeholder or managing agents it is essential that these are settled prior to the flat being marketed. The buyers and their solicitors will be concerned about purchasing a flat where a dispute is ongoing. You may have to bite the bullet and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the buyers, but it is better to present the dispute as historic rather than ongoing. Some Havant leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. The bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers. If you are supposed to have a share in the freehold, you should make sure that you are holding the original share document. Arranging a duplicate share certificate can be a time consuming process and frustrates many a Havant home move. If a new share is needed, you should approach the company officers or managing agents (if relevant) for this sooner rather than later.

I own a 1 bedroom flat in Havant, conveyancing formalities finalised March 1999. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Havant with an extended lease are worth £186,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease ends on 21st October 2076

With 52 years left to run we estimate the premium for your lease extension to span between £29,500 and £34,000 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.