I have just started taking steps with the aim of changing my domestic home loan to a BTL Halifax mortgage. The bank has said that I must appoint a lawyer as part of the process. I got in contact with my former Margate conveyancing practitioner who dealt with the legals when I originally acquired the premises. The quote issued of just over five hundred pounds is an eye-watering amount to do this as its a remortgage than a sale or purchase.
The estimate does seem a tad on the high side. If you you were to look around you might decrease the fees marginally by say £100 plus VAT. That being said, if you were satisfied with the conveyancing the firm gave you mightcome to rue opting for an an untested lawyer. If is important to ensure the conveyancer can represent Halifax. You can employ our search tool to locate a Margate conveyancing firm on the Halifax conveyancing panel, which can often include conveyancing solicitors in Margate.
Would the conveyancing solicitors identified via your search tool conduct auction conveyancing in Margate?
We know of a number of auction solicitors we can connect you with those who can conduct auction conveyancing. Margate is one of our locations where our lawyers have offices.
We see that you have a post code search directory identifying solicitors on the Coventry BS conveyancing panel. Do companies pay you a referral fee if I instruct them for our conveyancing in Margate?
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 Margate.
My lawyer in Margate is not on the Lloyds TSB Bank Approved Panel. Can I still retain my prefered solicitor even though they are excluded from the Lloyds TSB Bank panel?
Your options are as follows:
- Carry on with your existing Margate solicitors but Lloyds TSB Bank will need to instruct a lawyer on their panel. This will inevitably rack up the overall legal charges as well as cause frustration.
- Find an alternative practitioner to act in the conveyancing, not forgetting to check they are Lloyds TSB Bank approved.
- Try to convince your Lloyds TSB Bank solicitor to try to join the Lloyds TSB Bank panel
What is your number one tip for finding a conveyancing solicitor in Margate
It would be unwise to be tempted by the cheapest Margate conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
This question may be naive but I am new to the house moving as a first time buyer of a two bedroom flat in Margate. Do I collect the keys to the property on completion from my lawyer? If so, I will instruct a High Street conveyancing solicitor in Margate?
On the day of completion you will not be required to go to the conveyancers office in Margate. Conveyancing lawyers for you will arrange to send the purchase money to the vendor’s solicitors, and once they have received this, you will be called to collect the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
I'm in the throws of looking at apartments in Margate and I am now considering a potential offer. Is it wise to have my conveyancer on ‘stand by’? I am planning to take a mortgage with Aldermore.
You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. As you are getting a mortgage with Aldermore, ask your prospective lawyers if they are on the Aldermore conveyancing panel otherwise they can't do the mortgage legal work.