It may have been a long time coming a loan offer from Nationwide for the remortgage of my 2 bedroom apartment is expected by the end of next week. Are you able to put forward a low cost conveyancing practitioner in Old Stratford?
You have come to the wrong site to search for the cheapest conveyancing solicitors in Old Stratford. Our aim is to provide value for money conveyancing but our intention is not to advertise as being the cheapest. Avoid the trap of appointing companies enticing you with ninety nine pound conveyancing in Old Stratford. In your best case scenario, in being led by low cost conveyancing, you will end up with what you pay for and at worst it will result in you invoiced for extras and still not get the service required.
When will exchange of contracts occur in purchase conveyancing in Old Stratford and am I required to be at the solicitors branch?
Where you are round the corner to one of the conveyancing solicitors in Old Stratford you are invited in to sign documents. However, the law practices we recommend supply a nationwide conveyancing service and provide as equally diligent and professional a job for you when communicating with you electronically. The signing of the contract is not the important part. A signed contract is just a prerequisite for the solicitor to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Old Stratford)to be in the office at the appropriate time.
Is it the case that all Old Stratford solicitor firms on the Santander conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Santander approved list of solicitors they would need to be governed by the SRA. Many lenders do permit licenced conveyancers on their panel in which case such practice would be overseen by the Council of Licensed Conveyancers.
We are getting the release of further monies on our mortgage from RBS as we wish to carry out a loft conversion to our home in Old Stratford. Are we obliged to select a nearby Old Stratford solicitor on the RBS conveyancing panel to deal with the legals?
RBS would not normally appoint firms on their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS panel.
I had an offer accepted on a property in Old Stratford on 3/9/2025, valuation was booked 3 days later, received a clean bill of health. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to Nottingham and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nottingham conveyancing panel. Are Nottingham entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
I own a renovated Edwardian property in Old Stratford. Conveyancing solicitor represented me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Old Stratford and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing lawyer who carried out the work.
About to purchase a new build apartment in Old Stratford. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Old Stratford
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are surveyor prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision.
Over the last few months I have been searching for a ground for flat up to £305k and found one round the corner in Old Stratford I like with open areas and transport links in the vicinity, the downside is that it only has 51 years on the lease. I can't really find anything else in Old Stratford in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage that many years will likely be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.