Having been recommended your service we were going to use a conveyancing solicitor in Petersfield recommended by you but have come across some other quotes via the web seem less pricey – how come?
There are plenty of conveyancing companies offering what appear to be very low prices. You should give due consideration as to how much you respect your own move to you are willing to be penny wise pound foolish with regard to the standard of the legal work. Many of them highlight a bargain fee to tempt you but hide additional costs in the fine print..
Can the conveyancing solicitors via your comparison service conduct conveyancing in Petersfield by way of an attended exchange?
We do have a number of conveyancing experts who can conduct 24hr exchanges. Do e-mail us to secure a conveyancing quote and details as to dates.
Why do I have to pay up front for my conveyancing in Petersfield?
Where you are retaining lawyers for conveyancing in Petersfield your lawyer will request that you to provide them with funds to cover the the cost of the conveyancing searches. Normally this is requested to cover the fees of the conveyancing searches. When the down payment is as part of the purchase price then this should be asked for shortly in advance of contracts are exchanged. The closing balance that is needed should be sent to your lawyer a few days ahead of the completion date.
I am considering applying for a HSBC mortgage for purchase of a newly converted (under development) in Petersfield with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for HSBC ?
In theory, you could use a solicitor that is not on the HSBC conveyancing panel, but HSBC would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
How does conveyancing in Petersfield differ for new build properties?
Most buyers of new build or newly converted property in Petersfield come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is finished. This is because developers in Petersfield usually acquire 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 Petersfield or who has acted in the same development.
I opted to have a survey completed on a house in Petersfield before appointing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies will refuse to grant a loan on such a home.
It depends who your proposed lender is. Santander has different requirements for example to Nationwide. If you call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Petersfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Petersfield to see if the conveyancing costs will increase in light of this.