I am purchasing a leasehold flat in Stone Cross. My Conveyancer has never been on on the lender approved list. Is it possible for me to use my Stone Cross conveyancing solicitor notwithstanding that they are not on the bank approved list?
You have a couple of alternatives available to you here
- Proceed with your existing Stone Cross solicitor but your mortgage company will need to retain a solicitor from their approved panel. This will result in additional cost together with potential frustration.
- Get a fresh conveyancer to act in the purchase, ensuring that they are on the bank conveyancing panel.
- Convince your lawyer to seek to join the lender panel
When will exchange of contracts occur in domestic conveyancing in Stone Cross and do I need to be at the lawyers branch?
If you are local to our conveyancing solicitors in Stone Cross you are welcome to come in to sign the paperwork. That being said, the lender approved solicitors we recommend offer countrywide coverage for conveyancing and provide just as detailed and professional a job for you when dealing with you by post or email. The signing of the contract is not when everything is set in stone. A signed contract is necessary for the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Stone Cross)to be in the office at the appropriate time.
A relative advised me that if I am buying in Stone Cross I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Stone Cross conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Stone Cross around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Stone Cross Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data about Stone Cross.
I am a sole trader wishing to lease a unit on a shopping parade. Can you recommend solicitors offering no-move-no costs for non-domestic conveyancing in Stone Cross for under £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Stone Cross, including the sale and purchase 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 put you in touch with the right lawyer. Regarding the fees these will vary based on the structure and heads of terms of the deal. Please provide us with your details or email us so that we can provide you with a detailed commercial conveyancing calculation.
Last January I purchased a leasehold flat in Stone Cross. Do I have any liability for service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Stone Cross Leasehold Conveyancing - Sample of Queries before Purchasing
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Who takes responsibility for maintaining and repairing the block? The answer will be helpful as a) areas could cause problems for the building as the common areas may start to deteriorate where services are not paid for b) if the tenants have a dispute with the running of the building you will need to have all the details Does this lease have in excess of 85 years unexpired?
I note that you have a search directory identifying law firms on the lender conveyancing panel. Do Stone Cross conveyancing firms pay you a referral fee if I appoint them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Stone Cross.