I am in the throes of transferring my current residential mortgage to a BTL Coventry Building Society mortgage. The bank has said that I require a solicitor for this. I spoke to the same Stepney conveyancing practitioner who who completed the conveyancing when I previously bought the property. The quote sent of just over five hundred pounds is an eye-watering amount to do this as its a remortgage than a sale or purchase.
The charges are a little high. If you are prepared to expend time scrutinising costs you might trim some of the expense by perhaps £100 plus VAT. That being said, providing that you were pleased with the assistance the firm gave you mightcome to regret opting for an an untested conveyancer. Remember to enquire that the conveyancer can also act for Coventry Building Society. You can make use of our search tool to find a Stepney conveyancing firm on the Coventry Building Society conveyancing panel, which can often include conveyancing solicitors in Stepney.
There is lots of here about conveyancing in Stepney but can you isolate your top tip for finding the right conveyancer in Stepney
Do not opt for the lowest Stepney conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
Two weeks ago we had a mortgage agreed in principle with Nottingham. Stepney conveyancing solicitors were chosen. How long does it take for Nottingham to send the offer to the conveyancer?
There is no definitive answer here. Have Nottingham done the survey? Have you advised Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am due to exchange contracts on my apartment. I had a double glazing fitted in July 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Co-operative are being pedantic. The Stepney solicitor who is on the Co-operative conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Co-operative are requiring a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I am intent on selling our house in Stepney and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any high street Stepney lawyer would know this is not the case. For the life of me I don't know why the purchasers instructed a web based conveyancing practice as opposed to a conveyancing solicitor in Stepney. We have lived in Stepney for three years we know that this is a non issue. Should we contact our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
About to purchase a new build apartment in Stepney. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Stepney
Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. 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. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I am a sole trader hoping to lease a unit on the high street. Can you recommend conveyancers offering no-move-no costs for commercial conveyancing in Stepney for less than 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Stepney, including the sale and acquisition of businesses as well as simply property. If you are intending to purchase or lease a shop, pub, restaurant, office, retail premises or a whole business we can find you the right solicitor. As for the charges these will vary based on the structure and complexity of the deal. Let us have your details or call so as to enable us to provide you with a detailed commercial conveyancing quote.
My father-in-law has suggested that I use his conveyancing solicitors in Stepney. Should I choose my own property lawyer?
No doubt it’s preferable to choose a conveyancing practitioner is to get guidance from friends or relatives who have previously instructed the solicitor that you are are thinking of instructing.