Me and my partner are planning to acquire a 1 bedroom flat in Portslade with a mortgage. We would like to retain our Portslade lawyer, but the mortgage company advise he's not on their "panel". We have to appoint one of the lender panel firms or retain our Portslade solicitor and pay for one of their panel ones to represent them. We regard this is unjust; can we not require that the bank use our Portslade solicitor ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Portslade conveyancing solicitor to apply to be on the conveyancing panel.
Please could you suggest a Chelsea Building Society sanctioned Portslade conveyancing practice finish our home move within less than a month? Would it be better to use a high street Portslade firm or a national firm?
We can recommend some very good Portslade conveyancing firms. Another option is to visit the main road in Portslade. Go in to some well established firms and request to speak with a conveyancing solicitor for a quote. Explain your requirements together with the reasons and get a commitment on speed. Select the one that you are most comfortable with.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when acquiring a residence in Portslade?
Unless a previous acquisition of the property took place after 12 October 2013 you may expect conveyancing practitioners handling conveyancing in Portslade to remain encouraging a chancel search and or chancel repair liability insurance.
How does conveyancing in Portslade differ for new build properties?
Most buyers of new build premises in Portslade contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is completed. This is because developers in Portslade typically acquire the site, 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.
What is different about your site and alternative online quote calculators for conveyancing in Portslade?
At this site secure a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Portslade. As opposed to estate agents and brokerage sites we are not in the business of charging firms a commission if you appoint them for your home move in Portslade
I am thinking of appointing a conveyancing practitioner in Portslade for my remortgage. Can I check a firm’s record with the legal regulator?
You can review published Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The regulator could recorded call for training purposes.