I can't travel far from Stony Stratford. I would like to know the understand why all Stony Stratford lawyers are not on all mortgage company panels?
Mortgage Companies tend to restrict either the type or volume of conveyancing solicitors on their panel. A common example of such restriction(s) being that the practice must have two or more partners. As well as restricting the type of firm, some banks for example HSBC decided to limit the size of their panel they use to represent them. You should note that banks have no responsibility for the standard of service given by any Stony Stratford conveyancing practitioner on their panel. Increases in mortgage fraud was the key driver in the reduction of conveyancing panels in the last decade even though there are opposing opinions concerning the extent of solicitor involvement in some of that fraud. Data published by HM Land Registry exposes that thousands of law practices only conduct less than three conveyances annually. Those advocating conveyancing panel consolidation ask why law firms should have any entitlement to remain on a conveyancing panel when clearly conveyancing is not their speciality?
We are purchasing a house and need a conveyancing solicitor in Stony Stratford who is on the Santander approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Santander . We don't recommend any particular firms conducting conveyancing in Stony Stratford.
What is the difference between a licensed conveyancer and conveyancing solicitor in Stony Stratford
There are many recorded licenced Conveyancers in Stony Stratford and Solicitor firms in Stony Stratford offering conveyancing It is important to make clear that the two are regulated professionals specialising in the legal aspects of the home buying process. Both can handle associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
We are getting the release of further funds on our mortgage from Yorkshire BS as we want to carry out improvements to our home in Stony Stratford. Do we need to appoint a high street Stony Stratford solicitor on the Yorkshire BS conveyancing panel to deal with the paperwork?
Yorkshire BS would not normally require a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS list.
I had a mortgage agreed in principle with Kent Reliance. Stony Stratford conveyancing practitioners were chosen. How long does it take for Kent Reliance to forward the offer to the conveyancer?
There is no definitive answer here. Have Kent Reliance completed the valuation? Have you informed Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
We are close to exchanging contracts on the sale of our home in Stony Stratford and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any high street Stony Stratford lawyer would know this is not the case. It does beg the question why the purchasers used a national conveyancing practice as opposed to a conveyancing solicitor in Stony Stratford. We have lived in Stony Stratford for three years we know of no issue. Is it a good idea to contact our local Authority to obtain confirmation need.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You need to check with 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)
I have recentlyfound out that Wolstenholmes have been shut down. They carried out my conveyancing in Stony Stratford for a purchase of a leasehold flat 12 months ago. How can I check that my home is in my name in the name of the former proprietor?
The easiest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Stony Stratford conveyancing specialists.
All being well we will complete the disposal of our £350,000 flat in Stony Stratford next Tuesday. The landlords agents has quoted £408 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Stony Stratford?
For most leasehold sales in Stony Stratford conveyancing will involve, questions about 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 Stony Stratford
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a garden flat in Stony Stratford, conveyancing formalities finalised 8 years ago. Can you work out an approximate cost of a lease extension? Similar flats in Stony Stratford with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease finishes on 21st October 2095
You have 74 years unexpired we estimate the premium for your lease extension to be between £8,600 and £9,800 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.