Can I use your services to find a Conveyancing solicitor in Stilton even if I’m not buying or selling a house, for instance if I wish to acquire a shop in Stilton with a mortgage from Aldermore?
Our search tool is primarily there to locate residential conveyancing solicitors in Stilton but we have set out towards the end of this page a selection of Stilton commercial conveyancing firms. You will need to speak with the solicitors directly to establish if they are also authorised to represent Aldermore
My Solicitor in Stilton is not listed on the Coventry Building Society Solicitor Panel. Can I still use my prefered solicitor even though they are not on the Coventry Building Society panel?
The limited options available to you here include:
- Complete the purchase with your existing Stilton solicitors but Coventry Building Society will need to use a conveyancer on their list of acceptable firms. This will inevitably rack up the overall legal fees as well as cause delays.
- Find an alternative lawyer to to deal with the conveyancing, obviously checking they are Coventry Building Society approved.
- Persuade your Coventry Building Society solicitor to try to join the Coventry Building Society panel
What is the difference between a licensed conveyancer and conveyancing solicitor in Stilton
There are many registered licenced Conveyancers in Stilton and Solicitor partnerships in Stilton who provide Conveyancing services It is important to make clear that both are regulated professionals specialising in the legal aspects of transferring property. Both can conduct other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
We are purchasing a 4 bedroom semi-detached house in Stilton. We would like to carry out a loft conversion at the house.Will the conveyancing process include investigations to ascertain if these works were previously refused?
Your solicitor should review the deeds as conveyancing in Stilton can on occasion identify restrictions in the title documents which prevent certain alterations or require the consent of a 3rd party. Many extensions call for local authority planning consent and approval in compliance with building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be sensible to check these things with a surveyor prior to committing yourself to a purchase.
The mortgage over my property is with Coventry BS for my property in Stilton. Conveyancing has been completed some time ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Coventry BS?
You must advise Coventry BS before letting out your property as this is likely to be a breach of Coventry BS’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Coventry BS directly. You need not do this via a Coventry BS conveyancing panel solicitor.
four months have gone by since my purchase conveyancing in Stilton concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Just had an offer accepted on a new build apartment in Stilton. Conveyancing is necessary evil 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 conveyancing.
Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Stilton
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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 the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared.
My husband and I are acquiring a first floor flat in Stilton. At the point of instructing our conveyancer, they assured us that they were on all mainstream lender panels. Our financial adviser contacted us yesterday to say that they don't appear to be on the Coventry BS approved list. Should that be true, what should we do? Do we just find a new lawyer that is on their approved list or do we pay for separate representation, with Coventry BS selecting their own preferred conveyancing practitioner.
When acquiring a property with mortgage finance it is standard for the buyer’s solicitors to also act for the purchaser's lender. In order to act for a bank or building society a solicitor has to be on that lender's list of approved lawyers. An application has to be made by the property lawyer to the lender to become a member of the lender's panel and there are increasingly strict conditions which the property lawyer has to meet. Some mortgage companies now insist their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your conveyancer should contact Coventry BS to find out if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on Coventry BS's conveyancing panel and you may continue to use your own Stilton solicitors, in which case your legal fees may increase, and it may delay matters as you have another set of people involved.