My husband and I are purchasing a 3 bedroom flat in Stalybridge with a mortgage. We like our Stalybridge lawyer, but the mortgage company advise she’s not on their "panel". It seems we have no choice but to use one of the bank panel solicitors or retain our Stalybridge lawyer as well as pay for one of their panel lawyers to represent them. We regard this is inequitable; is there anything we can do?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Stalybridge conveyancing solicitor to apply to be on the conveyancing panel.
How up to date is your search tool for Stalybridge conveyancing solicitors on the RBS conveyancing panel? Do RBS send you an updated list?
Stalybridge conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.
I have justbecome aware that Stirling Law have been shut down. They conducted my conveyancing in Stalybridge for a purchase of a leasehold apartment 18 months ago. How can I check that the property is not still registered in the name of the previous owner?
The easiest method to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Stalybridge conveyancing specialists.
Over the last few months I have been searching for a flat up to £305k and identified one round the corner in Stalybridge I like with a park and station nearby, the downside is that it only has 52 years on the lease. There is not much else in Stalybridge in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a mortgage that many years will be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
I'm remortgaging my existing property to a BTL loan with Leeds Building Society and intend to use the remaining equity as a deposit on another house. The neighborhood we are talking about is Stalybridge. Will your lawyers be able to act for both sets of mortgage companies and tie in the conveyances?
Make use of our search tool on this site to ensure that the solicitors are approved by both banks. Assuming that they are your lawyer will be able to connect the two deals but you should talk with you solicitor and communicate your expectations and needs.
I see that you have a search directory identifying law firms on the mortgage company conveyancing panel. Do Stalybridge conveyancing companies pay you a referral fee if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Stalybridge.