I can see plenty of information on this site concerning conveyancing in Stockport but what is your top tip for choosing the right conveyancer in Stockport
We would encourage you not to base your choice on the lowest Stockport conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
Can you point me to a directory of Bank of Ireland panel solicitors in Stockport on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings viewable on the web. If you are in need of a Stockport conveyancer on the Bank of Ireland please use our facility.
Our sealed bid on a semi in Stockport has been agreed to, but there is a chain. The vendors have put an offer on a property, however it’s not yet agreed to, and are looking at other properties booked. I have chosen a nearby conveyancing solicitor in Stockport. What should be my next step? When do I get the mortgage application with Yorkshire BS going?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is approx one thousand pounds, then survey, Stockport conveyancing search charges, etc). The first thing to do is check that your conveyancer is on the Yorkshire BS conveyancing panel. As to the next stages this very much depends on the circumstances of your case, motivation for the property and on the state of the market. In a rising market the majority of purchasers will apply for the mortgage with Yorkshire BS and pay for the valuation and only if it comes back ok would they request their lawyer to move forward with searches.
A colleague advised me that where I am purchasing in Stockport I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Stockport conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Stockport around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Stockport Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Stockport Education with plans and statistics, Local Amenities and other useful data about Stockport.
Me and my brother purchased a 4 bedroom Victorian property in Stockport. Conveyancing solicitor acted for me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with the exact same property. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Stockport and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing solicitor who conducted the purchase.
I'm refinancing my primary home to a BTL loan with Platform Home Loans Ltd and I will use the rest of the raised equity towards another property. The area we are talking about is Stockport. Will your conveyancers be able to act for both sets of mortgage companies and link together the conveyances?
Make use of our comparison tool on this page to ensure that the lawyers are approved by both mortgage companies. Assuming that they are the conveyancer will be able to tie up the two conveyancing matters but you should have a chat with you lawyer and make clear your expectations and needs.
I have recently realised that I have 72 years remaining on my lease in Stockport. I need to extend my lease but my freeholder is can not be found. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. You will be obliged to demonstrate that you have done all that could be expected to find the freeholder. On the whole a specialist may be helpful to conduct investigations and prepare an expert document to be accepted by the court as proof that the landlord is indeed missing. It is wise to seek advice from a solicitor both on proving the landlord’s absence and the vesting order request to the County Court overseeing Stockport.
I own a basement flat in Stockport, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Stockport with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 per annum. The lease terminates on 21st October 2095
You have 70 years unexpired the likely cost is going to be between £9,500 and £11,000 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.
Our conveyancing solicitor in Stockport is asking me for personal identification documents asserting that this forms part of his obligations as a conveyancer on the mortgage company Solicitor panel. Is this right?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the bank. This is not unique to conveyancing in Stockport