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Find a Portslade Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Portslade? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Portslade conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Portslade

I have just started taking steps with the intention of swapping over from my current homeowner loan to a BTL The Mortgage Works mortgage. The bank has said that I must appoint a lawyer as part of the process. I got in contact with my past Portslade conveyancing practitioner who dealt with the legals when I originally purchased the property. The fee calculation they've given of £450 plus VAT has surprised me as I am not require purchase conveyancing - it’s simply a straightforward remortgage.

The estimate fees appear a tad high. If you you were to look around you may be able to trim some of the expense by as much as £125. That being said, assuming were happy with the assistance the firm provided you mightcome to regret opting for an an untested solicitor. If is important to check that the conveyancer can represent The Mortgage Works. Do employ our search tool to get a quote a Portslade conveyancing firm on the The Mortgage Works conveyancing panel, which can often include conveyancing solicitors in Portslade.

At what point can the exchange of contracts occur in sale conveyancing in Portslade and am I required to attend the conveyancers branch?

Where you are round the corner to one of the conveyancing solicitors in Portslade you are invited in to sign documents. That being said, the lender approved solicitors we work with offer a countrywide conveyancing service and give just as diligent and professional a job for you when dealing with you by post or email. The signing of the property agreement is not the point of no return. A signed contract is just a prerequisite for the solicitor to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Portslade)to be in the office available at the end of the phone to exchange contracts.

My relative suggested that where I am purchasing in Portslade I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is occasionally quoted for as part of the standard Portslade conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Portslade around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Portslade Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data regarding Portslade.

How does conveyancing in Portslade differ for newly converted properties?

Most buyers of new build or newly converted property in Portslade come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Portslade tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Portslade or who has acted in the same development.

I have been advised by numerous estate agents in Portslade to get a quote from a solicitor on your site. Is there a financial incentive for Estate Agents to offer your site over and above another?

We don’t make any referral fee for directing people our way. We thought it would be too underhand to pay a commission because a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.

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