Find a Lender-Approved Local Conveyancer in Stonehouse

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There is a good reason why you won’t find people saying “if only I would have chosen a cheap national firm”! Go local - instruct a conveyancing solicitor in Stonehouse

Reasons to use our Stonehouse conveyancing solicitors

  • 1 No matter what any other sites may claim it may be important to visit your solicitor to sign contracts. Too many 3rd parties are already with an interest in a house sale without needing to include the postman into the equation.
  • 2 Using a a family Solicitor usually results in a more personal touch. Sometimes when dealing with a large conveyancing firm, you tend to be looked after by a team of people who check what is happening on the file by reading from their computer screens.
  • 3 Lawyer conveyancing firms have extremely good personal links with Stonehouse estate agents and work very closely with them and local surveyors so as to ensure transactions proceed expeditiously.
  • 4 Low cost packages from online conveyancers might be tempting. However, these organisations are often based hundreds of kilometers away with little understanding of the factors that impact property transactions in Stonehouse
  • 5 Our site offers largest residential conveyancing directory service identifying bank approved property lawyers delivering conveyancing in Stonehouse who are regulated by the SRA or CLC.

Examples of recent conveyancing in Stonehouse since October 2022*

Recently asked questions about conveyancing in Stonehouse

We note that you have a search directory listing solicitors on the Nationwide conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Stonehouse?

We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Stonehouse.

We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would prefer to appoint a Stonehouse based conveyancing firm?

You should check but the the probability is that appoint one of their panel solicitors should you accept the "fee-free" incentive. Speak to the bank and ask if they offer you a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor in Stonehouse.

My bid for a property was accepted at auction in Stonehouse. Conveyancing is required. What happens now?

Given that you are now for in every practical sense signed on the dotted line you now have to retain a conveyancing solicitor soon as you are faced with a tight a fixed date to complete the property. Every auction property will have a bespoke legal pack. This will likely include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the conveyancing pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to a leasehold property. You should hand this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are in place to complete the transaction on the set completion date.

I can not fathom if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Stonehouse bank branch on various occasions and was told they are content with the situation and they would lend. My Stonehouse conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they refuse to lend based on their specific requirements. Who do I believe?

As long as the property lawyer is on the bank panel, she or he must adhere to the CML Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I am selling my apartment. I had a double glazing fitted in February 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Principality are being a right pain. The Stonehouse solicitor who is on the Principality conveyancing panel is recommending indemnity insurance as a solution but Principality are requiring a building regulation certificate. Why do Principality have a conveyancing panel if they don't accept advice from them?

It is probably the case that Principality have referred the matter to their valuer. The reason why Principality 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.

4 months have gone by following my purchase conveyancing in Stonehouse concluded. I have checked the Land Registry site 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.

How does conveyancing in Stonehouse differ for newly converted properties?

Most buyers of new build premises in Stonehouse come to us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Stonehouse typically acquire the land, 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 conveyancers 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 Stonehouse or who has acted in the same development.

Can you provide any top tips for leasehold conveyancing in Stonehouse from the perspective of speeding up the sale process?

  • Much of the delay in leasehold conveyancing in Stonehouse can be reduced where you appoint lawyers as soon as you market your property and request that they start to put together the leasehold information which will be required by the purchasers’ lawyers.
  • If you have had any disputes with your freeholder or managing agents it is very important that these are settled before the property is marketed. The purchasers and their solicitors will be reluctant to purchase a property where there is an ongoing dispute. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the buyers, but it is better to present the dispute as over rather than ongoing. If you hold a share in a the freehold, you should ensure that you have the original share certificate. Arranging a new share certificate is often a lengthy formality and slows down many a Stonehouse home move. Where a duplicate share certificate is required, you should approach the company officers or managing agents (if applicable) for this at the earliest opportunity. In the event that you altered the property did you need the Landlord’s consent? In particular have you laid down wooden flooring? Most leases in Stonehouse state that internal structural changes or installing wooden flooring necessitate a licence issued by the Landlord acquiescing to such alterations. Where you dont have the approvals in place you should not communicate with the landlord without contacting your conveyancer in the first instance. The majority of freeholders or managing agents in Stonehouse charge for supplying management packs for a leasehold property. You or your lawyers should find out the actual amount of the charges. The management pack can be applied for as soon as you have a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most frequent cause of frustration in leasehold conveyancing in Stonehouse.

I am the registered owner of a leasehold flat in Stonehouse, conveyancing was carried out in 2011. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Stonehouse with a long lease are worth £175,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease ends on 21st October 2081

You have 58 years left to run the likely cost is going to span between £21,900 and £25,200 as well as costs.

The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.

Last updated

Sample of conveyancing solicitors in Stonehouse regulated by the SRA

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

  • Glrs Phoenix Llp, 2 Rowcroft, Stroud, Gloucestershire, GL5 3BB
  • Winterbotham Smith Penley Llp, 3-7 Rowcroft, Stroud, Gloucestershire, GL5 3BJ
  • Frances J Walsh, 12 Bowbridge Lock, Stroud, Gloucestershire, GL5 2JZ

Sale in Stonehouse is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process.

  • Property lawyer instructed by the vendor once the offer has been accepted
  • Collating the documents evidencing the title to the property
  • Drafting contract and associated documents
  • Sending draft papers to the conveyancing practitioner acting for the purchaser
  • Negotiating contracts and replying to further questions from the purchaser’s conveyancing practitioner
  • Negotiating the transfer deed
  • Responding to requisitions submitted by the buyer’s conveyancing practitioner
  • Carrying out the key stage of exchanging contracts and then completion formalities
  • Accepting the sale proceeds and transferring funds to the owner, the estate agent and other relevant parties (if relevant)

Transfer of Equity conveyancing in Stonehouse almost always entails the following:

  • Taking instructions from parties involved
  • Collating the documents evidencing the title to the property
  • Representing lender (if relevant)
  • Agreeing the terms of the transaction
  • Preparing the Transfer or approving the Transfer deed
  • Negotiating amendments to the draft Transfer
  • Corresponding with parties with regards to the Transfer
  • Agreeing and preparing for completion
  • Receiving and transferring monies to the appropriate parties
  • Preparing and submitting to HM Revenue and Customs the correct Land Tax forms and payment
  • Dealing with the registration formalities for the change in ownership and the home loan (if applicable) at the HMLR.

*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.