Member Article

Remortgaging or Moving House? Why be in the dark on what it costs.

UK Interest Rates.

Can the UK low interest rates last forever? Just like selling shares you can never be sure that you are selling at the best price. Review your financial situation today.

Will interest rates drop or will they increase? Interest rates are currently low and many Homeowners are taking advantage today and reviewing their current Mortgage Lender Terms. For most it is their largest loan and is taken out over a long period of time.

Homeowners start by contacting their Mortgage Broker, that hopefully has access to the whole of market Lenders. They carry out a fact find, mortgage market review and discuss in detail the various Lender options. Detailing their total Lender costs to then consider moving to an alternative Lender. This could be a short term situation where the Homeowner is wanting to sell after the summer holidays. Portable loan terms are preferable for this type of Homeowner.

Cost of Conveyancing The Homeowner will then need to calculate their cost of conveyancing. They can do this by visiting the Homebuyer Conveyancing price comparison website. No personal details are required to view fully detailed conveyancing quotes. They can filter their results by price, location and by Mortgage Lender. Being able to quickly calculate the cost of conveyancing and find a potential Solicitor is extremely helpful. With the bonus that when the time is right they can go back to the website, take a quote away and book a timed call from their Solicitor to discuss their conveyancing quote.

The fixed fee conveyancing quote includes conveyancing fees and disbursements costs.

Homeowners are firmly in the driving seat with the knowledge that they are going to be called by their Solicitor.

Home Movers The same process above applies to Homeowners or First Time Buyers who are now thinking of making a move. They can get a purchase conveyancing quote only or a sale and purchase combined conveyancing quote by visiting the Homebuyer Conveyancing website. Whatever their situation they do need to budget for their move and that will involve calculating their moving costs.

The Homebuyer Conveyancing on line calculator tool is free to use.

In addition the purchase quotes use a comprehensive search pack that covers all the Counties in England and Wales. The Homebuyer Conveyancing panel Solicitors order the search pack from their search provider Onesearch Direct.

Home Buyers need to know before they move forward, what their cost of conveyancing is. Appointing a Solicitor without that knowledge may cause the transaction to fail, simply because moving costs have spiraled out of control and the Home buyer gets cold feet and pulls out. They are worried if they can afford to move.

No personal details are required to view Homebuyer Conveyancing quotes Being able to plan for a move is critical.

We do need to reduce the amount of UK failed property transactions as this is costly to all property professionals.

Helpful Insurance Policies Helpful Insurance policies can be added to the Homebuyer Conveyancing Quotes. Buyers Protect - Protecting the majority of purchase costs should the transaction fail through no fault of the Buyer.

Flexi Smart Contingency House Insurance - Building Insurance must be in place on exchange of contracts. A Lender Requirement.

The Flexi Smart policy provides buildings cover between exchange and completion for up to 28 days. It supports the Solicitor to get to exchange and enables the Buyer to search the insurance market after exchange to find the best building and contents policy.

In the past Solicitors used to chase Homebuyers last minute for their Building Insurance Policy, when they were confident that the exchange would go through. This put the Buyer under pressure, which we all know would hinder the Buyer making an informed decision on which insurance to use.

The internet is the Homebuyers playground and it is used as a platform to compare pricing for services that vary dramatically. It is expensive to live and every pound saved does make a difference.

Ref https://www.homebuyerconveyancing.com/remortgage-conveyancing-costs

This was posted in Bdaily's Members' News section by Duncan Pattinson .