I am in the throes of porting my current homeowner home loan to a BTL Aldermore mortgage. I have been informed by my broker that I require a conveyancer for this. I had a chat my former Newhaven conveyancing practitioner who who completed the conveyancing when I originally bought the premises. The fee calculation supplied of £470 is an eye-watering amount to do this as I am not require purchase conveyancing - it’s just a straightforward remortgage.
The quote is slightly on the steep side. If you you were to look around you might shave off some of the cost by perhaps £125. On the other hand, if you were satisfied with the conveyancing the firm provided you mightlive to rue choosing an an untested solicitor. If is important to ensure that the conveyancer can represent Aldermore. You can utilise our search tool to get a quote a Newhaven conveyancing firm on the Aldermore conveyancing panel, which can often include conveyancing solicitors in Newhaven.
We see that you have a search directory identifying law firms on the Leeds Building Society conveyancing panel. Do companies pay you a referral fee if I appoint them for our own conveyancing in Newhaven?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Newhaven.
My flat in Newhaven is up for sale and I have a buyer. Does my conveyancer need to be on the Skipton conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Skipton conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.
I opted to have a survey carried out on a house in Newhaven ahead of appointing lawyers. I have been told that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies may refuse to give a loan on such a house.
It varies from the lender to lender. Santander has different requirements from Halifax. If you call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Newhaven. Conveyancing may be slightly more expensive based on your lender's requirements.
How difficult is it to transfer to a new firm as I have to instruct a firm on the Bank of Scotland conveyancing panel. I instructed a high street conveyancing solicitor in Newhaven five minutes from me but she is not approved by Bank of Scotland
It would be our pleasure to help you find a conveyancing solicitor in Newhaven on the Bank of Scotland panel. Please note that the conveyancers that we work with do not pay us commission if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Newhaven. Using the find a conveyancing solicitor tool on this website, you can scrutinise costs for conveyancing solicitors in Newhaven and throughout England and Wales.