After what seems like an age a mortgage offer from Nationwide for the remortgage of my 4 room flat is expected within the next few days. Can you propose a cheap conveyancing solicitor in Stansted?
This site is not designed to aid those in their quest for the lowest fares for conveyancing solicitors in Stansted. We can offer you excellent value conveyancing but our intention is not to work with the cheapest lawyers. Do not be swayed by companies enticing you with £100 conveyancing in Stansted. At best, in choosing a lawyer for cheap conveyancing, you will earn what you pay for and at worst you will end up being stung for extras and still not receive the service expected.
Is it the case that all Stansted solicitor practices on the RBS conveyancing panel are governed by the SRA?
As solicitors, in order to be on the RBS conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Some banks do allow licenced conveyancers on their panel in which case such practice would be regulated by the Council of Licensed Conveyancers.
I can not fathom if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Stansted bank branch on numerous occasions and was reassured it wasn't an issue and they will lend. My Stansted conveyancing solicitor - who is on the lender conveyancing panel- called and was told they would not lend in accordance with their published requirements. I simply don't know who is right.
Your conveyancing practitioner must comply with the Council of Mortgage Lenders’ Handbook Part 2 specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
After shopping around on the internet I have found a Stansted solicitor having made sure that they are on the Skipton conveyancing panel. Does my lawyer arrange the survey of the property?
Skipton will need an independent valuation of the property. Your lawyer will not arrange this. Usually Skipton will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Stansted postcode. As you are getting a mortgage with Skipton, you could contact them to see if they have a list of approved surveyors in Stansted.
Will commercial conveyancing searches disclose planned roadworks that may impact a commercial land in Stansted?
Many commercial conveyancing solicitors in Stansted will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Stansted. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Stansted.
For every commercial conveyancing transaction in Stansted it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Stansted commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not ordered for residential conveyancing in Stansted.
I opted to have a survey done on a property in Stansted ahead of instructing lawyers. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some banks tend refuse to give a mortgage on such a premises.
It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. If you call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help 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 acquainted with such properties in Stansted.
Taking into account that I am about to spend 450k on a house in Stansted I would like to talk to a lawyer about myhome move ahead of giving the go ahead to the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer who will be carrying out your property ownership legalities in Stansted.There is no ‘factory style conveyancing’ - every client is unique individual, not a file reference. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Stansted should be the amount on the final invoice that you are charged.
Having had my offer accepted I require leasehold conveyancing in Stansted. Before I set the wheels in motion I want to be sure as to the unexpired term of the lease.
Assuming the lease is registered - and almost all are in Stansted - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Stansted Leasehold Conveyancing - Examples of Questions you should ask Prior to buying
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Best to be warned whether fixing the lift or some other major work is due shortly that will be shared by the leaseholders and could well dramatically impact the level of the maintenance charges or result in a one off invoice. Is there a share of the freehold? How much is the maintenance charge and ground rent on the flat?