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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 transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Portslade

I was recommended to a conveyancer who has sent a quote for £1350 for no move no fee conveyancing in Portslade. I’m hoping to sell a purpose built detached home for £125,000. Is this overpriced? Is it in excess of the norm for conveyancing in Portslade?

The estimate does seem a tad overpriced. If you are prepared to spend time contrasting prices you might get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, you couldlive to rue opting for an an untested solicitor. If is important to be sure the solicitor can also act for your bank. You can employ our comparison tool to select a Portslade conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Portslade.

I am due to move property in May. Should my conveyancing solicitor update the removal company on the day of completion. Incidentally, can you recommend a removal company in Portslade. Conveyancing firm was chosen before I stumbled across your page.

On the afternoon of completion you can pick up the house keys from the estate agent however this can only take place after the sellers solicitors advise the agent that they acknowledge receipt of the completion payment and the keys can be released. You will need to tell the removal company that you are ready to move in. As a matter of policy we do not suggest a particular removal organisation but can assist you in locating a conveyancing in Portslade or a solicitor with expertise in conveyancing in Portslade.

Is it the case that all Portslade CQS (Conveyancing Quality Scheme) solicitors are on the HSBC conveyancing panel?

A selection of lenders now utilise CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.

My wife and I are in the throws of looking at flats in Portslade and I am about to put in an offer. Should I already have a property lawyer appointed at this point? I am planning to take a mortgage with Kent Reliance.

It would be wise to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the EA. As you are seeking a mortgage with Kent Reliance, make sure you remember to check that your lawyer is on the Kent Reliance conveyancing panel.

How does conveyancing in Portslade differ for newly converted properties?

Most buyers of new build property in Portslade contact us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Portslade tend to buy the land, 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.

In what way does the Landlord & Tenant Act 1954 affect my business offices in Portslade and how can you help?

The 1954 Act provides a safeguard to commercial tenants, granting the right to make a request to court for a renewal tenancy and remain in occupation at the end of an expired lease. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Portslade is one of our many locations in which our lawyers have offices

Can you provide any advice for leasehold conveyancing in Portslade from the point of view of saving time on the sale process?

  • Much of the frustration in leasehold conveyancing in Portslade can be bypassed if you get in touch lawyers the minute you market your property and request that they start to put together the leasehold documentation needed by the buyers’ solicitors.
  • If you have had conflict with your freeholder or managing agents it is essential that these are settled before the property is marketed. The purchasers and their solicitors will be nervous about purchasing a flat where there is an ongoing dispute. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is better to reveal the dispute as over as opposed to ongoing. If you hold a share in a the Management Company, you should make sure that you are holding the original share certificate. Organising a re-issued share certificate is often a lengthy process and delays many a Portslade home move. Where a reissued share is necessary, you should approach the company director and secretary or managing agents (if relevant) for this sooner rather than later. Some Portslade leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the annual 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 actual amount of the service charge so that they can pass this information on to the buyers or their solicitors. Many landlords or managing agents in Portslade levy fees for providing management packs for a leasehold home. You or your lawyers should enquire as to the fee that they propose to charge. The management pack can be applied for as soon as you have a buyer, thus reducing delays. The average time it takes to receive management information is three weeks. It is the most common cause of frustration in leasehold conveyancing in Portslade.

Leasehold Conveyancing in Portslade - Examples of Queries Prior to Purchasing

    Is anyone aware of any major works in the near future that will add a premium to the service charges? The majority of Portslade leasehold properties will have a service charge for the upkeep of the block levied by the management company. Should you buy the flat you will have to pay this contribution, usually in instalments during the year. This may be anything from a few hundred pounds to thousands of pounds for large purpose-built buildings. In all probability there will be a rentcharge for you to pay annual, this is usually not a large figure, say approximately £25-£75 but you should to enquire it because on occasion it could be many hundreds of pounds. How many of the leaseholders are in arrears for their service charge payments?

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