I am in the throes of changing my current homeowner mortgage to a Buy to Let Leeds Building Society mortgage. The bank has said that I need a lawyer for this. I got in contact with my previous Port Talbot conveyancing practitioner who acted on my behalf when I first acquired the property. The pricing estimate issued of £500 has shocked me as I am not require purchase conveyancing - it’s simply a straightforward remortgage.
The estimate does seem a little on the high side. If you shop around you could reduce the fees slightly by perhaps £125. That being said, if you were happy with the legal work the firm provided you maylive to regret choosing an a cheaper conveyancer. Don't forget to ensure the solicitor can also act for Leeds Building Society. You can make use of our search tool to select a Port Talbot conveyancing firm on the Leeds Building Society member panel, which can often include conveyancing solicitors in Port Talbot.
Would the conveyancing lawyers identified via your search tool conduct attended exchange conveyancing in Port Talbot?
We do have a number of conveyancing experts who can conduct 24hr exchanges. Please call us to receive a conveyancing quote and details as to availability.
Will lawyers request money on account for my conveyancing in Port Talbot?
Where you are retaining lawyers for conveyancing in Port Talbot your lawyer will ask you place them with monies to cover the search fees. Normally this is called for to cover the fees of the conveyancing searches. When the down payment is payable against the purchase price then this should be required immediately before contracts are exchanged. The closing balance that is needed should be transferred shortly before completion.
If you had a top tip for choosing a conveyancing solicitor in Port Talbot what would it be?
Do not opt for the lowest Port Talbot conveyancing quote. You really do get what you’re paying 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 go into the conveyancing with your eyes wide open.
We are aiming to move home in March. Will my conveyancing solicitor update the removal company on the day of completion. As an aside, can you suggest a removal company in Port Talbot. Conveyancing firm was found before I stumbled across your website.
On the day of completion you will need to pick up the house keys from the selling agent however this can only be done after the sellers solicitors inform the agent that the monies to complete are in and the keys can be passed over. You will need to inform the removal company that you are ready to move in. We do not recommend a specific removal company but can help you find a residential property solicitor in Port Talbot or a legal practice that specialises in conveyancing in Port Talbot.
We expect to receive a OIP from Santander this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Santander recommend any Port Talbot solicitors on the Santander conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Port Talbot solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.
A colleague suggested that where I am purchasing in Port Talbot I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Port Talbot conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Port Talbot around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Port Talbot.
It has been five months since my purchase conveyancing in Port Talbot completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.