I am not in a position to travel far from Stansted. Please spell out why all Stansted conveyancing practitioners aren't included on all mortgage company panels?
Banks point to the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud annually.The dismissal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its outcome included recommendations for lending institutions to review their conveyancing panels, which triggered a major policy change in the sector. This resulted in lenders removing less reputable firms from their official list of approved solicitors .
We are purchasing a property and require a conveyancing solicitor in Stansted who is on the Barclays solicitor panel. Can you recommend a local conveyancing 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 Barclays . We don't recommend any particular firms conducting conveyancing in Stansted.
I am looking for a leasehold apartment up to £245,000 and found one round the corner in Stansted I like with amenity areas and station in the vicinity, the downside is that it only has 52 remaining years left on the lease. I can't really find anything else in Stansted suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan the remaining unexpired lease term will likely be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
What makes your site different to alternative online quote calculators when it comes to conveyancing in Stansted?
At this site obtain an accurate costs illustration via a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Stansted. Unlike many estate agents and many comparison sites we do not charge firms a fee if you appoint them for your conveyancing in Stansted
Is it best to use a Stansted conveyancing solicitor who is local to the property I am purchasing? We have a good friend who can conduct the legal work but his firm is located over three hundred miles away.
The benefit of a local Stansted conveyancing firm is that you can attend the office to sign documents, present your identification documents and apply pressure on them where appropriate. They will also have local intelligence which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and the majority were happy that should trump using an unknown Stansted conveyancing lawyer just because they are local.
Do online conveyancing companies do everything a high street Stansted solicitor does or do I still need to employ a solicitor for the final stages for my conveyancing in Stansted?
If you use an online conveyancer they will cover all the work your Stansted conveyancer will cover.