I am expecting a offer of a home loan from Santander. I intend to retain the legal services of a Licensed Conveyancer in Stamford. Does the Santander Solicitor panel allow for Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Can I use your services to recommend a Conveyancing solicitor in Stamford even where I’m not buying or disposing of a house, for example where I wish to acquire an office in Stamford with a loan from Alliance & Leicester ?
Our search tool is mainly utilised to get a quote from residential conveyancing solicitors in Stamford but we have set out at the bottom of this page some Stamford commercial conveyancing firms. You will need to enquire with the solicitors directly to see if they can also act for Alliance & Leicester
We wanted to use a conveyancing solicitor in Stamford for our home move. Our financial adviser has since advised us that our bank Clydesdale won't deal with them. Why is this not regarded as unfair competition?
Lenders ordinarily imposes restrictions either the category or the number of conveyancing practices on their approved list of lawyers. A common example of such restriction(s) being that a law practice must not be a sole practitioner. In addition to restricting the type of firm, a few banks have reduced the number of solicitor practices they permit to act for them. Be aware that Clydesdale have no responsibility for the quality of advice provided by any member of Clydesdale Conveyancer Panel. Mortgage fraud was a primary driver in the reduction of conveyancing panels a few years ago even though there are mixed opinions concerning the level of solicitor involvement in some of that fraud. Figures from the Land Registry indicate that plenty of law firms, including some in or near Stamford only perform one or two conveyances a year.
I have recentlybecome aware that Stirling Law have closed. They carried out my conveyancing in Stamford for a purchase of a leasehold flat 9 months ago. How can I establish that my home is not still registered in the name of the previous owner?
The easiest way to see if the property is in your name, you can make 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 Stamford conveyancing specialists.
How does conveyancing in Stamford differ for new build properties?
Most buyers of new build or newly converted property in Stamford come to us having been asked by the developer to sign contracts and commit to the purchase even before the premises is built. This is because developers in Stamford usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Stamford or who has acted in the same development.
I was recommended by a few selling agents in Stamford to locate a property lawyer on your site. What’s the financial upside for Estate Agents to promote your services over and above a competitor’s?
We refuse to offer any referral fee for directing people our way. We found it would be just too difficult to pay a commission as a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.