I am purchasing residence in Stockbridge. My Solicitor is not listed on the lender approved panel. Am I still permitted to retain my Stockbridge conveyancing solicitor notwithstanding that they are excluded from the lender approved list?
You have a couple of choices available to you here
- Carry on with your existing Stockbridge property lawyer but your lender will no doubt retain a conveyancer on their approved panel. This will result in additional cost together with potential interruption.
- Get a fresh property lawyer to act in the purchase, obviously checking they are on the mortgage company conveyancing panel.
- Convince your solicitor to pull out all the stops to join the mortgage company panel of solicitors
I am purchasing a property and require a conveyancing solicitor in Stockbridge who is on the Clydesdale approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Clydesdale in certain locations such as Stockbridge. We dont recommend any particular firm.
I need some quick conveyancing in Stockbridge as I am under an ultimatum to complete within one month. A mortgage is not required. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you have the choice not to do searches although no law firm would suggest that you don't. Drawing on years of experience of conveyancing in Stockbridge the following are examples of issues that can crop up and adversely impact future mortgageability: Enforcement Notices, Outstanding Charges, Overdue Grants, Road Schemes,...
I am looking into buying my first house which is in Stockbridge and I am already nervous. I couldn't find anything specific about Stockbridge. Conveyancing will be needed in due course but do you know about the Stockbridge area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Stockbridge. In the meantime here are some basic statistics that we found
Expecting to sign contracts shortly on a leasehold property in Stockbridge. Conveyancing solicitors inform me that they report fully on Monday. What should I be looking out for?
The report on title for your leasehold conveyancing in Stockbridge should include some of the following:
-
Who has the liability for repairing the window frames The length of the lease term. You should be advised as what happens when the lease expires, and informed of the importance of not letting the lease term falling below eighty years You would want to receive a copy of the lease Responsibility to repair and maintain the main walls and foundations. It is important for you to know who is responsible the repair and maintenance of every part of the building Specifying your rights in respect of the communal areas in the building.E.G., does the lease contain a right of way over a path or hallways?
I acquired a split level flat in Stockbridge, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Stockbridge with over 90 years remaining are worth £195,000. The ground rent is £45 charged once a year. The lease finishes on 21st October 2087
With 63 years remaining on your lease the likely cost is going to be between £16,200 and £18,600 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.
Our mortgage broker has suggested using their lawyer for our conveyancing in Stockbridge - Surely it’s easier to just instruct them?
You need to establish if the selling agent is recommending a conveyancer or introducing to a solicitor. There are plenty of Stockbridge estate agents who recommend two or three Stockbridge conveyancing firms and get nothing from it.