I am considering applying for a Lloyds mortgage for purchase of a new build (under development) in Stanstead Abbotts with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Lloyds ?
There is nothing to stop you using your solicitor, but Lloyds will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
We are aiming to move house in August. Does my conveyancing solicitor update the removal company on the completion day. On a separate note, can you put forward a removal company in Stanstead Abbotts. Conveyancing solicitor was found prior to coming across your page.
On the day of completion you can collect the house keys from the estate agent but this should only happen after the vendors conveyancers advise the agent that they have the completion monies and the keys can be passed over. Subsequently you will need to inform the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can help you choose a conveyancing in Stanstead Abbotts or a solicitor that specialises in conveyancing in Stanstead Abbotts.
I am purchasing a victorian detached house in Stanstead Abbotts. The intention is to convert the garage to a playroom at the property.Will the conveyancing process include enquiries to determine if these works are allowed?
Your conveyancer should check the deeds as conveyancing in Stanstead Abbotts can on occasion reveal restrictions in the title documents which prohibit categories of works or need the permission of a 3rd party. Some works need local authority planning consent and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.
I recently had an offer accepted on a house in Stanstead Abbotts. My mortgage broker pressured me to appoint their solicitor. I paid an advanced payment of £175. A few days later, the lawyer called me embarrassingly acknowledging that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have recentlyfound out that Action Conveyancing have closed. They carried out my conveyancing in Stanstead Abbotts for a purchase of a freehold house 12 months ago. How can I be sure that the property is not still registered in the name of the previous owner?
The quickest way to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Stanstead Abbotts conveyancing specialists.
How does conveyancing in Stanstead Abbotts differ for newly converted properties?
Most buyers of new build residence in Stanstead Abbotts approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is ready to move into. This is because developers in Stanstead Abbotts usually buy the land, 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 used to new build conveyancing in Stanstead Abbotts or who has acted in the same development.
Over the last few months I have been searching for a flat up to £245,000 and identified one close by in Stanstead Abbotts I like with amenity areas and station nearby, however it only has 61 remaining years left on the lease. I can't really find anything else in Stanstead Abbotts suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a mortgage the shortness of the lease will be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
I need to instruct a conveyancing solicitor for my conveyancing in Stanstead Abbotts. I've chance upon a site which seems to have the perfect solution If there is a chance to get all this stuff completed via phone that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?