We see that you have a post code search directory identifying firms on the Yorkshire BS conveyancing panel. Do companies pay you a referral fee if I instruct them for our own conveyancing in Stoke Poges?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Stoke Poges.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Stoke Poges?
There are two types of lawyers who can carry out conveyancing in Stoke Poges namely licenced conveyancers or solicitors. Both professionals handle the legal services that required to complete the disposal or purchase of property. They are both obliged to carry out Stoke Poges conveyancing on similar quality and guidelines so you can be safe in the knowledge that your conveyancing will be properly carried out and that the requisite procedures should be correctly attended to.
It is unclear whether my mortgage offer requires a lease extension. I have called into my local Stoke Poges bank branch on various occasions and was told they are content with the situation and they would lend. My Stoke Poges conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they will not lend in accordance with their specific requirements. I have no idea who is right.
Your property lawyer must follow the CML Handbook section two conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I was told four weeks ago that my mortgage has been agreed to by HSBC. Is it usual for HSBC to only issue the offer once my solicitor in Stoke Poges is approved on their conveyancing panel? HSBC have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
I own a semi-detached Georgian house in Stoke Poges. Conveyancing practitioner acted for me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the exact same address. Is it worth asking Accord Mortgages Ltd to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be 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 Stoke Poges and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing practitioner who carried out the work.
About to purchase a new build apartment in Stoke Poges. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Stoke Poges
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Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants.
I opted to have a survey carried out on a house in Stoke Poges in advance of retaining conveyancers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some banks may not grant a loan on this type of property.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. If you call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Stoke Poges. Conveyancing may be slightly more expensive based on your lender's requirements.
Having had my offer accepted I require leasehold conveyancing in Stoke Poges. Before I get started I would like to find out the unexpired term of the lease.
If the lease is recorded at the land registry - and most are in Stoke Poges - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I acquired a 1st floor flat in Stoke Poges, conveyancing formalities finalised March 2007. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Stoke Poges with over 90 years remaining are worth £180,000. The ground rent is £65 yearly. The lease expires on 21st October 2083
With 59 years remaining on your lease we estimate the price of your lease extension to range between £20,900 and £24,200 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.