Find a Lender-Approved Local Conveyancer in Stevenage

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Stevenage Conveyancing Statistics*

  • 1 Average Land Registry Fee for this year to date was £270
  • 2 Average time from start to moving day was 83 days for conveyancing in Stevenage
  • 3 Average time frame of 252 days for registration of title in Stevenage
  • 4 August was the busiest month and July was the next busiest month while May was the least busiest month of the year for conveyancing in Stevenage
  • 5 71% freehold and 29% leasehold conveyancing in Stevenage for this year to date

Examples of recent conveyancing in Stevenage since August 2023*

Disposal

of flat Grace Way SG1 5AX, at purchase amount of £135,000. Leasehold conveyancing included: sending the transfer to the seller for execution in preparation for completion, securing official copies of the title, setting up the completion formalities

Sale

of apartment Torquay Crescent SG1 2RW, at sale price of £180,000. Leasehold conveyancing included: sending the transfer to the seller for signature in readiness for completion, preparing statement detailing charges, setting up the completion formalities

Sale

of detached residence premises, Essex Road, SG1 3EX completing on 04/09/2023 at a price of £526,500. The legal transfer of property included amongst the various tasks: drafting the sale agreement and Transfer, taking formal instructions from and updating the seller client, sending title deeds and executed transfer to buyer’s conveyancer

Purchase

of flat Prestatyn Close SG1 2AR, sold for £136,000. Leasehold conveyancing investigations included: drafting the sale agreement and Transfer, securing official copies of the title, setting up the completion formalities

Recently asked questions about conveyancing in Stevenage

My husband and I are looking to buy a house in Stevenage and are in fact using a Stevenage conveyancing firm. Within the last couple of days our lawyer has sent a preliminary report and documents to look through with a view to exchanging next week. Bank of Scotland have this morning contacted us to advise us that they have now hit a problem as our Stevenage conveyancer is not on their conveyancing panel. Please explain?

When purchasing a property with mortgage finance it is normal for the purchasers' lawyers to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the bank's conveyancing panel and you may continue to use your own Stevenage solicitors, in which case it will likely add costs, and it may delay matters as you are adding another lawyer into the mix.

About to purchase a new build flat in Stevenage. 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.

Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Stevenage

    Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are architect prepared. Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants.

I am looking for a ground for flat up to £245,000 and found one near me in Stevenage I like with a park and transport links in the vicinity, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Stevenage for this price, so just wondered if I would be making a grave error buying a short lease?

Should you require a home loan the remaining unexpired lease term may be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.

How straightforward is it to use the search tool to find a conveyancing solicitor in Stevenage on the approved list for my bank?

1st select a bank such as Santander, Coventry Building Society or Barclays Direct then specify your preferred area for instance Stevenage. Conveyancing practices in Stevenage and further afield should be listed.

We expect to complete our sale of a £325,000 apartment in Stevenage in 5 days. The managing agents has quoted £372 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Stevenage?

For most leasehold sales in Stevenage conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    Completing pre-exchange questions Where consent is required before sale in Stevenage Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Stevenage leasehold premises is £350. For Stevenage conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to provide answers.

Leasehold Conveyancing in Stevenage - Examples of Questions you should consider Prior to Purchasing

    Who takes responsibility for maintaining and repairing the block? What restrictions exist in the Stevenage Lease? How many of the leaseholders are in arrears for their service charge payments?

We had our mortgage agreed in principle on Monday with our bank. We have retained a high street conveyancer in Stevenage yesterday. Today, our mortgage adviser contacted us saying that the bank said that we cannot use our solicitor as they aren't on their panel. As FTB's, we had no idea that the bank had some control over our choice Is this allowed?

You are at liberty to instruct any property lawyer you wish to select including the said conveyancer in Stevenage however if they are not on the your lender's panel you will have to incur an extra fee so the bank can appoint their own lawyers. It may be possible your solicitor may apply to get included on to the lender panel. You can use online search facilities including lenderpanel.com to find a conveyancing solcitor in Stevenage on the mortgage company panel. You can go into your high street bank branch in Stevenage. They will know some good conveyancing solicitors in Stevenage on the approved list.

Last updated

Sample of conveyancing solicitors in Stevenage regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Stevenage but also conveyancing throughout England and Wales.

  • Brignalls Balderston Warren, Forum Chambers, The Forum, Stevenage, Hertfordshire, SG1 1EL
  • David Barney & Co, 31a Queensway, Stevenage, Hertfordshire, SG1 1DA
  • Heckford Norton, Tudor House, 2 Letchmore Road, Stevenage, Hertfordshire, SG1 3HU
  • Ian Milne T/a Ian Milne & Co, 61 High Street, Stevenage, Hertfordshire, SG1 3AQ
  • Hamilton Davies, 28 High Street, Stevenage, Hertfordshire, SG1 3HF

Residential Landlord and Tenant Conveyancing solicitors in Stevenage

The firms listed below are a non-comprehensive list of solicitors in Stevenage practicing in landlord and tenant law and on the regulations governing different types of tenancies. This will likely include advice on Claims for damages for illegal

  • Brignalls Balderston Warren, Forum Chambers, The Forum, Stevenage, Hertfordshire, SG1 1EL
  • David Barney & Co, 31a Queensway, Stevenage, Hertfordshire, SG1 1DA
  • Heckford Norton, Tudor House, 2 Letchmore Road, Stevenage, Hertfordshire, SG1 3HU
  • Ian Milne T/a Ian Milne & Co, 61 High Street, Stevenage, Hertfordshire, SG1 3AQ
  • Hamilton Davies, 28 High Street, Stevenage, Hertfordshire, SG1 3HF

Planning law solicitors in Stevenage regulated by the Solicitors Regulation Authority

The solicitors listed below are a small selection of solicitors in Stevenage specialising in planning law. This will likely include advice on making sure people do what the planning regulations say
  • Hamilton Davies, 28 High Street, Stevenage, Hertfordshire, SG1 3HF
  • Foreman Laws Llp, 25 Bancroft, Hitchin, Hertfordshire, SG5 1JW

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.