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Recently asked questions about conveyancing in Portland

Our grandson is buying a new build apartment in Portland with a mortgage from Barclays. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?

The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Barclays conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Barclays conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

In what way does my ID and proof of funds have anything to do with my conveyancing in Portland? What am I being asked for?

You are right in these requests have nothing to do with conveyancing in Portland. Nowadays you will not be able to complete any conveyancing process if you have not handing over evidence of your identity. This usually takes the form of a either your passport or driving licence and a utility bill. Please note that if you are providing your driving licence as evidence of identification it must be both the paper part and photo card part, one is not sufficient without the other.

Evidence of your origin of monies is required in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer will need to have this information on file. Your Portland conveyancing practitioner will require evidence of proof of funds before they are able to accept any monies from you into their client account and they may also ask further queries concerning the origin of monies.

Just had an offer accepted on a new build apartment in Portland. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Portland

    Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

In surfing the world wide web for the term cheap conveyancing in Portland it shows results of many property lawyersin the vicinity. How do I determine which is the suitable conveyancer for the sale of my house?

The best method of seeking a suitable conveyancer is through a trusted referral, so seek the opinion of colleagues and those you trust who have bought a property in Portland or the local estate agent or mortgage broker. Costs for conveyancing in Portland differ, so it's advisable to secure a minimum of four fee calculations from different companies. Be sure to seek confirmation what costs in the quote includes.

Should one remove a deceased person's name from the title register for a property in Portland?

Where a Portland property is co-owned and one of the proprietors passes away, their name will not immediately be removed from the Land Registry title. It is not necessary to remove their name as when it comes to a sale you would just be asked to evidence why the co owner is missing from the contract, such as a grant of probate.

With a view to making the sale conveyancing simpler for the sale of the property you can arrange to have the deceased name erased from the title entries by submitting an application to HM Land Registry with proof of the death. There is no fee from the Registry for this service.

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