My family lawyer has given a fee estimate £1400 for no sale no fee conveyancing in Southsea. I’m hoping to downsize from a purpose built house for £225,000. Is this over the top? Is it above what I should be paying for conveyancing in Southsea?
The estimate does seem marginally overpriced. If you are happy to spend time scrutinising prices you could shave off some of the cost by perhaps a hundred pounds. On the other hand, you maycome to regret choosing an an untested solicitor. If is important to ensure that the solicitor can also act for your mortgage company. Do utilise our comparison tool to get a quote a Southsea conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Southsea.
We were just about to exchange contracts for a property in Southsea. We encountered a problem. Our mortgage offer with Chelsea Building Society expires on 16/2/2026 but the sellers are putting forward a completion date of 18/2/2026. Is it possible to prolong the loan expiry date?
The person best placed to deal with your concern is your lawyer who will hopefully calculate if he or she is should be discussing with the mortgage broker, owner’s representatives, property agents or indeed all parties taking into account the circumstances your transaction as of today.
Can you clarify what the consequences are if my lawyer’s firm is removed from the Leeds Building Society Conveyancing panel ahead of completing my conveyancing in Southsea?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
There are a variety of conveyancing solicitors in Southsea but how do I know who I should use?
Do not opt for the cheapest Southsea conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
We are due to move property in March. Should my conveyancing solicitor update the removal company on the day of completion. As an aside, can you suggest a removal company in Southsea. Conveyancing solicitor was organised before I stumbled across this website.
On the afternoon of completion you will need to collect the house keys from your estate agent but this can only occur once the sellers conveyancers advise the agent that the monies to complete are in and the keys can be released. After that you will need to advise the removal men that you are ready to move in. We do not recommend a particular removal organisation but can assist you in locating a conveyancing in Southsea or a firm with expertise in conveyancing in Southsea.
We have a mortgage agreed in principle with Lloyds. Southsea conveyancing lawyers are selected. How long does it take for Lloyds to issue the offer to the lawyer?
Some lenders take longer than others. Have Lloyds conducted the survey? Have you informed Lloyds as to your lawyers' details and checked that your lawyers are on the Lloyds conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
How does conveyancing in Southsea differ for newly converted properties?
Most buyers of new build or newly converted property in Southsea approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is constructed. This is because builders in Southsea tend to purchase 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 conveyancers 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 Southsea or who has acted in the same development.
What is different about your site and alternative online quote calculators for conveyancing in Southsea?
At this site receive a fixed fee quote from a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Southsea. As opposed to estate agents and many comparison sites we do not have kick-back deals with solicitors. Some agents and online brokers 'recommend' solicitors that pays the highest kickback, as opposed to the best value conveyancing in Southsea