We are buying a flat and require a conveyancing solicitor in Stamford Hill who is on the Santander conveyancing panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Santander . We don't recommend any particular firms conducting conveyancing in Stamford Hill.
I had intended to instruct a property lawyer in Stamford Hill for our house move. Our broker has since advised us that our mortgage company Chelsea Building Society won't deal with them. Surely this is unfair competition?
Pre- 2008 most banks had a different appetite for risk. Almost all Stamford Hill conveyancing firms would have been on many lender panels. The Financial Services Authority in 2010 completed a thematic review into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more data from law firms regarding their operations and their employees as well as set certain criteria such a completing on a minimum volume of transactions. Many Stamford Hill conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Stamford Hill is amongst the thousands of areas where the solicitors we recommend are are authorised to act for Chelsea Building Society.
I have been told by my lawyer that breach of easement insurance is needed on my purchase. What is the level of cover for Stamford Hill conveyancing?
The right level of breach of easement indemnity insurance should be dictated by who who your lender is. It would differ for example between Santander and Norwich and Peterborough Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.
We were going to get a AIP from Virgin Money this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Virgin Money recommend any Stamford Hill solicitors on the Virgin Money conveyancing panel, or is it better to go independently?
You will need to appoint Stamford Hill solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
I have decided to exercise my right to buy my property in Stamford Hill off the council. I have a mortgage offer with Yorkshire BS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
Despite weeks of looking the Title Certificate and documents to my property can not be found. The lawyers who did the conveyancing in Stamford Hill 10 years ago no longer exist. What are my options?
These day there are duplicates made of almost everything, and your conveyancer will be aware exactly where to look for all the suitable documentation so you may purchase or sell your house without a hitch. Where copies can’t be located, your solicitor can arrange cover in the form of insurance or indemnities against future claims on the premises.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Stamford Hill is the location of the property. Can you shed any light on this issue?
Flying freeholds in Stamford Hill are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stamford Hill you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stamford Hill may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My cousin is purchasing a studio flat in Stamford Hill. He has received a fee estimate by the property lawyer suggested by the selling agents and it came to £1385 . It was fifteen years ago I sold and purchased a home and the bill was £just under six hundred pounds. Have costs really gone up that much?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for instance Stamford Hill searches, land registry fees, etc)