My Stretford conveyancer has identified an inconsistency when comparing the assumptions in the valuation report and what is revealed within the legal papers for the property. My solicitor has advised that he must ensure that the bank is happy with this discrepancy and is content to go ahead. Is my solicitor’s course or action appropriate?
Your property lawyer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Can you clarify what the consequences are if my lawyer’s firm is removed from the Virgin Money Solicitor panel ahead of completing my conveyancing in Stretford?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
About to purchase maisonette in Stretford. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Stretford conveyancer is on the Virgin Money conveyancing panel.
I had an offer accepted on a house in Stretford on 19/9/2025, valuation was booked 4 days after, received a clean bill of health. Property lawyer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Leeds Building Society and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Leeds Building Society conveyancing panel. Are Leeds Building Society entitled to hold back the Mortgage pending the lawyer being on the approved list?
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 Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
Lloyds have agreed my home loan in principle, my bid on a apartment in Stretford has been agreed to, what happens next?
Your property agent will need to be informed of your conveyancer's details (make sure the solicitors are on the lender’s panel). Telephone Lloyds or your financial adviser and finalise any relevant documentation. Lloyds will appoint a valuer who will get in contact with the estate agent or vendor to schedule a slot for the valuation to happen. Once carried out (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Lloyds will send the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Stretford.
I require expedited conveyancing in Stretford as I am under a deadline to exchange contracts within one month. Thankfully I do not require a mortgage. Can I escape the need for conveyancing searches to save money and time?
As you are are a cash buyer you have the choice not to have searches conducted although no conveyancer would advise that you don't. With lots of history conveyancing in Stretford the following are instances of what can crop up and therefore affect the marketability of the property: Enforcement Notices, Overdue Fees, Overdue Grants, Unadopted Roads,...
Is there anything unique about your site and alternative internet conveyancing brokers when it comes to conveyancing in Stretford?
At this site get a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Stretford. As opposed to estate agents and brokerage sites we do not operate referral arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors that pays the most commission, not the best value conveyancing in Stretford
Back In 2003, I bought a leasehold flat in Stretford. Conveyancing and Halifax mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Stretford who acted for me is not around. What should I do?
First make enquiries of the Land Registry to make sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to incur the fees of a Stretford conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Stretford Leasehold Conveyancing - Examples of Questions you should ask before Purchasing
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It would be prudent to investigate if there are any onerous prohibitions in the lease. By way of example some leases prohibit pets being permitted in in a block in Stretford. If you like the apartmentin Stretford but your dog is not allowed to move with you then you will be faced difficult compromise. Can you inform me if there are any major works in the near future that will increase the service costs? Its a good idea to discover as much as you can about the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you are frequently at the mercy of the managing agents from a financial perspective and when it comes to daily matters such as the cleanliness of the common parts. Don't be afraid to ask other tenants if they are happy with their management. Finally, find out the dates that you are obliged pay the maintenance charge to the managing agents and specifically what you get for your money.