Can I use your services to locate a Conveyancing solicitor in Stamford even if I’m not buying or disposing of a house, for instance if I intend to buy a shop in Stamford with a mortgage from Nottingham Building Society?
The service is predominantly used to get a quote from domestic conveyancing solicitors in Stamford but we have set out at the bottom of this page a selection of Stamford commercial conveyancing firms. You will need to speak with the company directly to see if they are also authorised to represent Nottingham Building Society
I am buying a new build flat in Stamford. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Stamford you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Stamford.
I have been told that property searches are the main reason for obstruction in Stamford conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Stamford.
How does conveyancing in Stamford differ for new build properties?
Most buyers of new build premises in Stamford approach us having been asked by the seller to sign contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Stamford usually 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 used to new build conveyancing in Stamford or who has acted in the same development.
I'm remortgaging my primary property to a buy to let mortgage with National Westminster Bank and intend to use the remaining equity as a down payment on further house. The location we are looking at is Stamford. Will your conveyancers be able to act for the two mortgage companies and tie in the transactions?
Do use our comparison tool on this site to ensure that the solicitors are approved by both lenders. On the basis that they are your conveyancer should be able to tie up the two transactions but you should talk with you solicitor and communicate your expectations and needs.
I would like to sublet my leasehold flat in Stamford. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
Some leases for properties in Stamford do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I bought a 2 bed flat in Stamford, conveyancing having been completed 3 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Stamford with an extended lease are worth £192,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease terminates on 21st October 2078
You have 54 years left to run we estimate the price of your lease extension to span between £32,300 and £37,400 plus plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.