Having been recommended your service we were going to go ahead with a conveyancing solicitor in Stony Stratford recommended by you but have come across some other fee calculations via the web appear less expensive – how come?
There are many firms of conveyancing outfits advertising theoretically looks to be extremely cheap conveyancing in Stony Stratford. You should think long and hard about how important this transaction is to you that want to be penny wise pound foolish with regard to the quality of the conveyancing. Many of them accentuate a cheap fee to catch your eye but bury supplemental costs in the small print..
As a first time buyer what is the most important advice you can impart about purchase conveyancing in Stony Stratford?
Not many law firms shout this from the rooftops but conveyancing in Stony Stratford or throughout Buckinghamshire is an adversarial experience. In other words, when it comes to conveyancing there is an abundance of room for friction between you and others involved in the ownership transfer. E.g., the seller, estate agent and on occasion the bank. Choosing a law firm for your conveyancing in Stony Stratford should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the legal process whose responsibility is to look after your legal interests and to keep you safe.
On occasion a third party with a vested interest may try and sway you that it is in your interests to do things their way. For instance, the selling agent may claim to be helping by claiming that your conveyancer is slow. Or your financial adviser may advise you to do something that is contrary to your solicitors advice. You should always trust your lawyer above all other parties in the home moving process.
Me and my partner are buying a property in Stony Stratford. I might seem paranoid but how we can trust a solicitor? At some point we will need to put money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My wife and I purchasing a 3 bedroom semi in Stony Stratford. We would like to convert the garage to a playroom at the house.Will the conveyancing process include enquiries to determine if these alterations are permitted?
Your conveyancer will check the deeds as conveyancing in Stony Stratford can on occasion reveal restrictions in the title documents which prevent categories of changes or require the permission of a 3rd party. Certain additions call for local authority planning permissions and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be prudent to check these issues with a surveyor ahead of any purchase.
Are all Stony Stratford Conveyancing Quality Solicitors on the Bank of Ireland conveyancing panel?
A selection of lenders now utilise CQS as the starting point for Panel approval such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
How does conveyancing in Stony Stratford differ for new build properties?
Most buyers of new build or newly converted property in Stony Stratford come to us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Stony Stratford typically acquire the real estate, 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 property lawyers 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 Stony Stratford or who has acted in the same development.
I decided to have a survey completed on a house in Stony Stratford in advance of instructing conveyancers. I have been advised that there is a flying freehold element to the house. The surveyor advised that some lenders may refuse to issue a mortgage on a flying freehold house.
It depends who your proposed lender is. Santander has different instructions from Halifax. If you contact us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Stony Stratford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stony Stratford to see if the conveyancing costs will increase in light of this.
What advice can you give us when it comes to appointing a Stony Stratford conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a conveyancer for lease extension works (regardless if they are a Stony Stratford conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We suggest that you make enquires with several firms including non Stony Stratford conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:
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If the firm is not ALEP accredited then what is the reason? What are the charges for lease extension work?
Stony Stratford Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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How many of the leaseholders are in arrears for their maintenance charge payments? You will want to discover as much as possible concerning the company managing the block as they will affect your use and enjoyment of the property. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to practical issues such as the cleanliness of the communal areas. You should not be afraid to ask prospective neighbours what they think of them. In conclusion, be sure you discover the dates that you are obliged pay the service charge to the managing agents and precisely how they are spending the funds. Is anyone aware of any major works anticipated that could add a premium to the maintenance fees?