Why would one use a Stansted conveyancing firm when internet based conveyancers are more affordable?
Its a good idea to contrast conveyancing costs in Stansted and you should seek a reasonable fee calculation but don’t be focused with sourcing the lowest priced Stansted conveyancer. Finding the right conveyancer can be the difference between a seamless and a distressing home move. It is important that you ensure that you have expert advice from an experienced conveyancer. An e-mail can never take the place of a phone discussion and are no substitute for a face to face meeting. Our partner firms will allocate you a qualified and top rated conveyancing solicitor who can deal with your conveyancing from beginning to end, giving the sort of hand holding that you rarely receive from an online conveyancer. Our lawyers will contact you regularly to update you as to headway making sure that you are ensuring that you are updated at regular intervals. Should you need to phone the firm you will know who you need to speak to and we'll be sure you're not left wondering what's going on.
In what way does my ID and proof of funds have anything to do with my conveyancing in Stansted? Why is this being asked of me?
Stansted conveyancing solicitors as well as nationwide property lawyers throughout the UK have a duty under money laundering regulations to check the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and proof of address (typically a Utility Bill no more than three months).
Evidence of source of funds is also necessary under the money laundering statutes as lawyers are obliged to check that the funds you are utilising to acquire a property (whether it be the deposit for exchange or the full purchase price where you are buying mortgage free) has originated from an acceptable source (such as an inheritance) rather than the product of illegitimate behaviour.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Stansted. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Stansted
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I decided to have a survey done on a property in Stansted before retaining lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some banks tend refuse to give a mortgage on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Stansted. Conveyancing will be smoother if you use a solicitor in Stansted especially if they are familiar with such properties in Stansted.
I have been recommended by a few estate agents in Stansted to choose a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to market your lawyers over and above another?
We refuse to give any financial incentive for pointing buyers and sellers in our direction. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I need to find a conveyancing solicitor for my conveyancing in Stansted. I happened to land on a web site which seems to have the perfect answer If it is possible to get all formalities completed via email that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?