Our lawyer has identified a a legal deficiency with the lease for the property we are buying in Stroud. The other side have suggested title insurance as a workaround. We are happy with insurance and will pay for it. Our property lawyer says that he must check that the bank is willing to move forward with this solution. Are we the client or is the mortgage company ?
Even though you have a mortgage offer from the bank does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the mortgage company are the client. These conveyancing instructions must be adhered to.
My wife and I buying a end of terrace house in Stroud. We would like to an extension at the rear at the property.Will legal work on the property involve checks to ascertain if these alterations are permitted?
Your property lawyer should check the deeds as conveyancing in Stroud will on occasion identify restrictions in the title documents which prevent categories of works or necessitated the consent of a 3rd party. Many additions need local authority planning permissions and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
is it true that all Stroud solicitor practices on the UBS conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS approved list of solicitors they would need to be regulated by the SRA. The majority of banks do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers.
Two weeks ago we had a mortgage agreed in principle with Lloyds. Stroud conveyancing lawyers are chosen. How long does it take for Lloyds to issue the offer to the lawyer?
Some lenders take longer than others. Have Lloyds done the survey? Have you informed Lloyds as to your lawyers' details and checked that your lawyers are on the Lloyds conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
What does a local search inform me concerning the house my wife and I buying in Stroud?
Stroud conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company for example Xpress Legal The local search plays an important role in many a Stroud conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your new home. The search will supply information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
I completed on my house on 11 March and my personal details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Stroud advises it should be registered inside ten days. Are transfers in Stroud uniquely lengthy to register?
As far as conveyancing in Stroud is concerned, registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timescales can vary according to who lodges the application, whether there are errors and if the Land registry need to notify any 3rd persons or bodies. Currently roughly three quarters of submission are fully addressed in less than three weeks but occasionally there can be longer delays. Historically registration takes place after the new owner has moved in to the property therefore registration formalities is not usually top priority yet where there is a degree of urgency associated with the registration then you or your conveyancer can contact the land registry and explain the circumstances.
My husband and I are novice buyers - had an offer accepted, but the estate agent advised that the owners will only issue a contract if we instruct the agent's preferred lawyers as they want an ‘expedited deal’. We would rather use a local solicitor accustomed to conveyancing in Stroud
It is improbable the sellers are behind this. If they desire ‘a quick sale', alienating a genuine buyer is is going to put the whole deal at risk. Avoid the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are ready to progress, with finances in place © you have nothing to sell (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Stroud conveyancing solicitors - not the ones that will provide the negotiator at the agency a introducer fee or hit his conveyancing targets demanded by senior management.
I'm going to be buying a flat very soon in Stroud. I will need a Stroud conveyancing solicitor. My family solicitor is based in Jersey and unable to assist.Please can you suggest a good Stroud conveyancing practitioner that will assist us as well as represent TSB?
The purpose of this site is limited to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for TSB in certain areas such as Stroud . Our intention is not to recommend any specific property lawyer.