Find a Lender-Approved Local Conveyancer in Portsmouth

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Cheap conveyancing in Portsmouth does not necessarily mean low quality - but the odds are stacked against you

Portsmouth Conveyancing Statistics*

  • 1 88 is the median number of years remaining on leases in Portsmouth
  • 2 Percentage of cases in Portsmouth that are buy to let is 33%
  • 3 Average time frame of 25 days for registration of title in Portsmouth
  • 4 Average time from start to moving day was 59 days for conveyancing in Portsmouth
  • 5 Average Stamp Duty Payable for last year was £2,338

Examples of recent conveyancing in Portsmouth since October 2021*

Transfer

of house premises, Wymering Road, PO2 7HY completing on 15/10/2021 at a price of £262,000. The conveyancing process incorporates some of the following tasks: dealing with appropriate requisitions and enquiries, sending the transfer to the seller for execution in preparation for completion, setting up the completion formalities

Sale

of semi property, Anthony Grove, PO12 4AR completing on 12/10/2021 at a price of £238,000. The legal transfer of property included amongst the various tasks: drafting the sale agreement and Transfer, preparing statement detailing charges, setting up the completion formalities

Disposal

of detached residence residence, Leesland Road, PO12 3NE completing on 19/10/2021 at a price of £200,000. The conveyancing process incorporates some of the following tasks: sending conveyancing papers to buyers representatives, preparing statement detailing charges, sending title deeds and signed transfer to buyer’s lawyers

Disposal

of flat The Hoe PO13 0ZJ, at purchase sum of £106,995. Leasehold conveyancing included: sending conveyancing papers to buyers representatives, dealing with appropriate requisitions and enquiries, obtaining official copies of the title

Recently asked questions about conveyancing in Portsmouth

Just been in touch with my conveyancing lawyer in Portsmouth who completed the legal work two years ago and wanted a conveyancing costs illustration based on the same type of house move (a leasehold premises and a freehold property) of almost identical values with a mortgage from Birmingham Midshires. It looks as though am now being charged double. Better the devil I know or do I seek out an alternative property lawyer?

The charges appear a tad high. If you are happy to spend time scrutinising quotes you may be able to shave off some of the expense by perhaps £125. That being said, if you were pleased with the service the firm offered you mightcome to rue opting for an an untested lawyer. If is important to be sure the firm can act for Birmingham Midshires. You can make use of our search tool to find a Portsmouth conveyancing firm on the Birmingham Midshires approved list of lawyers, which can often include conveyancing solicitors in Portsmouth.

My partner and I are buying our first home. The solicitor has messagedto check if we wish to purchase additional conveyancing searches. We are really unsure what's appropriate for conveyancing in Portsmouth

The type of Portsmouth conveyancing searches depends entirely on the property, the location, the possibility of any of these risks, your knowledge of the locality and risks, your general appetite to risk. What matters is that you adequately comprehend what information the searches could supply. Then you can make a decision if you consider that you need that information. If uncertain, ask the property lawyer to advise.

What does my ID and proof of funds have anything to do with my conveyancing in Portsmouth? Why is this being asked of me?

Portsmouth conveyancing solicitors as well as nationwide property lawyers accross the UK have an obligation under Anti-terror and anti-money-laundering rules to verify the ID of any client in order to satisfy themselves that clients are who they say they are.

Conveyancing clients will need to produce two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and proof of address (usually a Utility Bill no more than three months).

Evidence of the origin of monies is also required under the money laundering regulations as lawyers have a duty to investigate that the funds you are utilising to buy a property (whether it be the deposit for exchange or the full purchase price where you are buying mortgage free) has originated from an acceptable source (such as an inheritance) rather than the proceeds of criminal activity.

Will my conveyancer be asking questions about flooding during the conveyancing in Portsmouth.

Flooding is a growing risk for lawyers specialising in conveyancing in Portsmouth. Some people will acquire a property in Portsmouth, completely aware that at some time, it may be flooded. However, leaving to one side the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.

Lawyers are not best placed to give advice on flood risk, however there are a number of checks that can be initiated by the buyer or on a buyer’s behalf which can figure out the risks in Portsmouth. The conventional set of information sent to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual question of the seller to find out if the premises has suffered from flooding. If flooding has previously occurred and is not revealed by the owner, then a buyer may commence a claim for damages resulting from an incorrect answer. The buyer’s solicitors may also carry out an environmental search. This should reveal if there is a recorded flood risk. If so, additional inquiries will need to be made.

My husband and I are a couple of weeks into a leasehold purchase having been recommend to conveyancers by the local agent to perform conveyancing in Portsmouth. We are not happy. Could you help me find new solicitors?

They would have to be really bad in order to consider changing them. Has the loan offer been generated? If so you need to inform them of the new contact details and get the loan are re-issued. Your conveyancer should be on the lenders approved list to avoid escalating charges and frustration. So that should be your first question of the new conveyancers. Our find a solicitor tool will help you find a lender approved conveyancer for your conveyancing in Portsmouth

My son is just in the process of moving house, the home loan was agreed last week in principle. After the seller agreed the offer on the house we called the building society to progress the mortgage application. We were shocked to discover that mortgage lenders do not accept all solicitor, they need to be on their approved list, is this right?

Mortgage Companies ordinarily imposes restrictions either the type or the number of conveyancing practices on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Portsmouth conveyancer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Unlikely.

Last updated

Sample of conveyancing solicitors in Portsmouth regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Portsmouth but also conveyancing throughout England and Wales.

  • Larcomes Llp, 168 London Road, North End, Portsmouth, Hampshire, PO2 9DN
  • Saulet Townsend Limited, Froddington House, Cumberland Business Centre, Northumberland Road, Southsea, Hampshire, PO5 1DS
  • Allens, Pendower House, Northumberland Road, Cumberland Business Centre, Southsea, Portsmouth, Hampshire, PO5 1DS
  • Stokes Solicitors Llp, 108 Victoria Road North, Southsea, Hampshire, PO5 1QQ
  • Gurney-champion & Co, Champion House, 104 Victoria Road North, Southsea, Portsmouth, Hampshire, PO5 1QE

Residential Landlord and Tenant Conveyancing solicitors in Portsmouth

The list below is a non-comprehensive list of solicitors in Portsmouth specialising in landlord and tenant law and on the regulations governing different types of tenancies. This could include advice on Court proceedings for possession

  • Larcomes Llp, 168 London Road, North End, Portsmouth, Hampshire, PO2 9DN
  • Saulet Townsend Limited, Froddington House, Cumberland Business Centre, Northumberland Road, Southsea, Hampshire, PO5 1DS
  • Allens, Pendower House, Northumberland Road, Cumberland Business Centre, Southsea, Portsmouth, Hampshire, PO5 1DS
  • Stokes Solicitors Llp, 108 Victoria Road North, Southsea, Hampshire, PO5 1QQ
  • Gurney-champion & Co, Champion House, 104 Victoria Road North, Southsea, Portsmouth, Hampshire, PO5 1QE

Residential Licensed Conveyancers in Portsmouth regulated by the Council of Licensed Conveyancers

Please be aware that the listed conveyancers do not limit their work for conveyancing in Portsmouth but also conveyancing across England and Wales.
  • Five Property Lawyers Ltd, 5 Seagrove Avenue, PO11 9EU
  • Solent Property Lawyers Limited, First Floor 118-120 High Street, PO13 9DB
  • Haines Conveyancing, 2 Westbrook Centre, PO7 8SE

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.