How up to date is your database of Stilton solicitors on the Co-operative conveyancing panel? Do Co-operative send you an updated list?
Stilton conveyancing firms themselves provide us confirmation that they are on the Co-operative conveyancing panel as opposed to being supplied with a list from Co-operative directly.
My stepmother advised me that in purchasing a property in Stilton there could be a number of restrictions prohibiting external changes to the property. Is this right?
There are anumerous of properties in Stilton which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Stilton should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I'm the only beneficiary of my late mum's will and I have everything in my name now, including the my former home in Stilton. The Stilton property was put into my name in November. I want to move. I do know about the CML six month 'rule', meaning my property ownership will be regarded the same way as though I had purchased the property in November. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. many mortgage companies would take a sensible view as this provision is primarily there to identify subsales or the wholesaling and assigning of properties.
I have today made my last payment due on my mortgage with Virgin Money. I assume I don't need a Stilton conveyancing practitioner on the Virgin Money panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Virgin Money mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Virgin Money mortgage from the register. Virgin Money, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Virgin Money has sent the Land Registry the discharge electronically, and
- Virgin Money has instructed the Land Registry to do so
How does conveyancing in Stilton differ for newly converted properties?
Most buyers of new build premises in Stilton come to 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 new home sellers in Stilton usually acquire 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 conveyancing solicitors 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 accustomed to new build conveyancing in Stilton or who has acted in the same development.
I opted to have a survey done on a property in Stilton ahead of appointing solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies will refuse to give a loan on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. If you contact us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Stilton. Conveyancing will be smoother if you use a solicitor in Stilton especially if they regularly deal with such properties in Stilton.
I today plan to offer on a house that appears to tick a lot of boxes, at a reasonable price which is making it more attractive. I have subsequently found out that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a house with a leasehold title in Stilton. Conveyancing lawyers have not yet been appointed. Will my lawyers set out the risks of buying a leasehold house in Stilton ?
The majority of houses in Stilton are freehold and not leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can assist with the conveyancing process. It is clear that you are purchasing in Stilton in which case you should be shopping around for a Stilton conveyancing solicitor and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. As a tenant you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as requiring the landlord’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the maintenance of the estate where the house is located on an estate. Your lawyer should report to you on the legal implications.
Stilton Leasehold Conveyancing - Examples of Questions you should consider Prior to Purchasing
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How many years are left on the lease? It would be sensible to find out as much as possible concerning the company managing the block as they will either make your living at the property much easier or a lot more difficult. As the owner of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to day to day issues such as the upkeep of the communal areas. Ask other people if they are happy with them. Finally, be sure you discover the dates that the service charges are due to the managing agents and precisely what it includes. Make sure you discover if there is anything that is prohibited in the lease. For example plenty of leases prohibit pets being permitted in in a block in Stilton. If you love the flatin Stilton but your dog is not allowed to live with you then you will be faced difficult determination.
We recently found out that one of the partners of the conveyancing practice undertaking the purchase conveyancing in Stilton is a relative of the owners that we are buying from. Is this permitted?
On the basis that no conflict arises this is permitted. Where you are obtaining a home loan then the lender may have a say as many banks have specific instructions on this. For example for Chelsea Building Society as of 16/12/2025, the requirements read as follows :
* there is no conflict of interest and none arises during the transaction
* the firm is a partnership
* the conveyancer acting is not the borrower or a member of the borrower's immediate family.