You may know this already, but every mortgage requires a solicitor. In the law realm, the process of preparation and transfer of the legal title of a property from one person to another is known as conveyancing.
Whether you're buying, selling or remortgaging a property, you will need to appoint a solicitors firm. This process is separate but parallel with your Habito application.
The good news? You won't always have to pay for it. But if you do, we might be able to help with a discounted deal through MyHomeMove, one of our trusted partners. Just let us know when you apply on our site.
If you're purchasing a property
You will need to make arrangements yourself and appoint a solicitors firm who will handle this part of the application. We can't stress enough how important it is to be represented by solicitors that make you feel confident about the process.
You also will be negotiating their fees and the ways you're going to be working together, so it's vital to feel comfortable about asking a lot of questions and communicating regularly.
If you're remortgaging
You may get a solicitor offered to you by the lender as part of the remortgage package. If this is the case, usually the fees will be covered by the lender.
My mortgage has already gone to offer. What now?
We'll email you a copy of your mortgage offer and you'll receive the complete documentation in the post from the lender within a few business days. From this point on, the only further documentation to complete and return will be between you and your solicitors.
Once you receive a "solicitors pack" your home address, you will need to fill in the questionnaire included in it and post it back. The pack will also include the instructions about the way your solicitors will operate (eg. how to access their online portal and track your application) until completion.
Remember, solicitors are not mortgage advisers
Even though the solicitors will take over the process following a successfully issued mortgage offer from a lender we applied with, our team will always be happy to answer any questions you might have and liaise with your solicitors as necessary.