We were just about to exchange contracts for a semi detached house in Stansted. We encountered a stumbling block. The mortgage offer with HSBC Bank runs out on 18/6/2024 but the sellers are putting forward a completion date of 20/6/2024. Is it possible to extend the mortgage offer?
The person best placed to address this issue is your conveyancer who should determine whether he or she is should be discussing with the lender, vendor’s conveyancers, estate agents or conceivably all three based on the circumstances your house move to date.
I am being told by my lawyer that flying freehold insurance is necessary on my purchase. What is the level of cover for Stansted conveyancing?
The right level of flying freehold indemnity insurance should be dictated by who your lender. It would differ for example between Nationwide Building Society and Bank of Scotland. Conveyancing lawyers as opposed to members of the public take out such policies.
Can you point me to a directory of Skipton panel conveyancers in Stansted on the UK Finance Lenders’ Handbook Website?
No. There is no such directory service on the CML or Building Society Association websites. A small selection of mortgage companies make their panel listings available on the web. If you are seeking to appoint a Stansted solicitor on the Skipton please use our facility.
We had appointed conveyancing lawyers located in Stansted on the Lloyds solicitor panel. They have just billed me an additional sum for the legal aspects of the Lloyds mortgage. Is this a supplemental conveyancing fee specified by Lloyds?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your conveyancing practitioner may levy a fee for this. This fee is not set by Lloyds but by your Stansted property lawyer. Plenty of firms on the Lloyds panel will quote an ‘acting for lender’ fee but some practices include it on their overall fee.
I used Action Conveyancing a few years past for my conveyancing in Stansted. I now require my papers but the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Stansted of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Stansted differ for new build properties?
Most buyers of new build property in Stansted approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Stansted usually purchase 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 conveyancing solicitors 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 accustomed to new build conveyancing in Stansted or who has acted in the same development.
What does commercial conveyancing in Stansted cover?
Commercial conveyancing in Stansted incorporates a broad range of services, provided by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
In my capacity as executor for the estate of my aunt I am disposing of a residence in Swansea but live in Stansted. My solicitor (who is 260 kilometers from mehas requested that I sign a statutory declaration before the transaction finalising. Could you suggest a conveyancing solicitor in Stansted to witness this legal document for me?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are Stansted based