I am hoping to receive a mortgage with Nat West. I intend to retain the legal services of a Licensed Conveyancer in Stamford. Does the Nat West Solicitor panel exclude Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My property lawyer in Stamford is not on the Barclays Direct Approved Panel. Can I still continue with my prefered solicitor even though they are not on the Barclays Direct approved list?
The limited options open to you here include:
- Carry on with your existing Stamford solicitors but Barclays Direct will need to use a conveyancer on their list of acceptable firms. This will inevitably rack up the overall conveyancing fees as well as cause delays.
- Get an alternative practitioner to act in the conveyancing, not forgetting to check they are Persuade your conveyancer to do everything within their powers to join the Barclays Direct conveyancing panel
How does conveyancing in Stamford differ for newly converted properties?
Most buyers of new build property in Stamford contact us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is built. This is because house builders in Stamford tend to buy the site, 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 Stamford or who has acted in the same development.
My business partner and I are looking to take over a lease of an office on a shopping parade. Can you recommend solicitors offering competitive fees for commercial conveyancing in Stamford for below 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Stamford, including the disposal and purchase of businesses as well as simply property. If you are intending to buy or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right lawyer. Regarding the costs these will vary based on the structure and heads of terms of the proposed transaction. Let us have your contact information or phone us so that we can supply you with a detailed commercial conveyancing calculation.
I have just started marketing my basement flat in Stamford. Conveyancing has not commenced, however I have recently received a quarterly maintenance charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should clear the invoice as normal given that all ground rent and maintenance charges should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Stamford Conveyancing for Leasehold Flats - Sample of Queries before buying
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This question is helpful as a) areas can cause problems in the building as the common areas may start to deteriorate if services are not paid for b) if the leasehold owners have a dispute with the running of the building you will wish to know about it Be sure to investigate if the the lease includes any adverse restrictions in the lease. By way of example plenty of leases prohibit pets being permitted in certain buildings in Stamford. If you love the flatin Stamford but your dog is not allowed to make the move with you then you have a very difficult decision.
Is planning consent necessary to change a house into multiple flats in Stamford? This has been carried out to a property opposite to a friend in Stamford and was unaware of the conversion until it was finished.
Planning consent is required for splitting a single dwelling in Stamford into flats but probably not for reverting back to single dwelling-house so, in answer to your query, yes,a it is required.