Do all mortgage companies provide you with an approved list of Stansted conveyancing solicitors? How do you know who is on the Clydesdale conveyancing panel?
Stansted conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
My Conveyancer in Stansted has never been on on the Bank of Ireland Solicitor Panel. Is it possible for me to use my prefered solicitor notwithstanding that they are excluded from the Bank of Ireland approved list?
The limited options available to you here include:
- Complete the purchase with your preferred Stansted solicitors but Bank of Ireland will need to instruct a lawyer on their list of acceptable firms. This will inevitably rack up the overall conveyancing charges as well as cause delays.
- Choose a new practitioner to act in the purchase, obviously checking they are Bank of Ireland approved.
- Try to convince your Bank of Ireland based solicitor to attempt to join the Bank of Ireland panel
I am purchasing a property and the conveyancer has referenced Chancel Repair to which the property may be obligated to contribute to as it falls into the area of such a church. She has recommended insurance. Is this really appropriate for conveyancing in Stansted
Unless a previous acquisition of the house completed after 12 October 2013 you can assume that solicitors carrying out conveyancing in Stansted to continue to advocate a chancel search and or chancel repair liability insurance.
How does conveyancing in Stansted differ for new build properties?
Most buyers of new build property in Stansted approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Stansted typically purchase 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 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 Stansted or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Stansted is where the house is located. Is there any guidance you can impart?
Flying freeholds in Stansted are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stansted you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stansted may determine 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 property.
I need to instruct a conveyancing solicitor for freehold conveyancing in Stansted. I've chance upon a web site which seems to have the ideal solution If there is a chance to get all this stuff done via web that would be preferable. Do I need to be concerned? What are the potential pitfalls?
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?