If you are currently in the market for a house, you are probably wondering whether you can handle this on your own or if it is a better idea to trust a conveyancing solicitor.
In short, the answer is yes.
Conveyancing is not a simple legal procedure and having someone by your side to guide you and help you avoid common mistakes is really important.
Andrew & Andrew, your conveyancing solicitors in Portsmouth, provide swift, resourceful and inexpensive legal solutions for all your conveyancing needs and the legal processes involved with property transfer.
The process
Once your offer is accepted, the estate agent will forward the necessary information to your conveyancing solicitor.
This is an exciting stage, but there is still a lot to do. Your conveyancing solicitors in Portsmouth will carry out essential searches on behalf of both you and your mortgage lender.
A qualified surveyor will conduct a building survey to assess the property’s condition. Your solicitor will help address any legal issues raised by the searches or survey before contracts are exchanged.
At the point of exchange, you enter into a legally binding agreement to purchase the property, and a completion date is agreed. Up until exchange, either you or the seller can withdraw from the transaction. After exchange, however, withdrawing may result in financial penalties.
On completion, your conveyancing solicitor will manage the final steps, including transferring the purchase funds to the seller. They will also ensure all relevant fees are settled, stamp duty is paid, and the Land Registry is updated to reflect you as the new owner, with your mortgage provider listed as the lender.
Finally, you will receive the keys to your new home.
When to consider a solicitor
When selecting conveyancing solicitors to act on your behalf during the purchase of a property, it is important to consider both cost and quality of service. The reputation and experience of the legal firm should be assessed using reliable and objective criteria.
We assist our clients at every stage of the property buying and selling process.
For those purchasing their first home, it is essential to work with a solicitor you can trust. This ensures that all legal requirements are properly addressed, allowing you to concentrate on settling into your new home without unnecessary concern. We have supported countless first-time buyers in making their move as smooth and enjoyable as possible.
If you are selling one property and purchasing another, we aim to simplify the process and help you avoid common pitfalls that can arise during transactions. Even if you have previous experience with property purchases, it is always advisable to consult a conveyancing solicitor for each sale and purchase.
For clients looking to remortgage their property, our conveyancing solicitors will identify the most suitable path forward for both your current situation and your future plans. Drawing on our extensive experience, we will also ensure that you are fully informed in advance of any additional requirements set by your mortgage lender.
Working with Andrew and Andrew
If you are unsure or worried about the process of buying or selling your home then it is recommended that you make an appointment to speak to one of our professionals.
They will be able to talk you through the entire process and answer any questions that you may have. We are here to help, whenever you are ready. To get started, please talk to our team.
Andrew & Andrew Solicitors proudly serve clients across Hampshire from our Portsmouth, Emsworth, and Wickham offices.
