My conveyancer has uncovered a a problem with the lease for the apartment we are buying in Stallingborough. The other side have suggested defective title insurance as a workaround. We are content with insurance and will pay for it. Our conveyancer says that he must be satisfied that the lender is happy with this solution. Are we the client or is the mortgage company ?

The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the mortgage company are the client. Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancing practitioner will have no choice but to discontinue acting for you.

As someone not used to the Stallingborough conveyancing process what is your top tip you can give me concerning the home moving process in Stallingborough

You may not hear this from too many lawyers but conveyancing in Stallingborough and elsewhere in England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there exists an abundance of opportunity for conflict between you and others involved in the house moving process. For instance, the seller, property agent and on occasion a lender. Appointing a solicitor for your conveyancing in Stallingborough an important selection as your conveyancer is your adviser, and is the SOLE person in the legal process whose responsibility is to look after your best interests and to keep you safe.

On occasion a third party with a vested interest may attempt to sway you that it is in your interests to do things their way. As an example, the estate agent may claim to be helping by suggesting your conveyancer is slow. Or your mortgage broker may tell you to do something that is contrary to your conveyancers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Stallingborough. Conveyancing is a frightening process 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.

Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Stallingborough

If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants.

My cousin has suggested that I appoint his conveyancers in Stallingborough. Should I use them?

No doubt the best way to select a conveyancing practitioner is to seek feedback from friends or family who have actually experience in using the solicitor you're considering.

I have just appointed agents to market my 2 bed apartment in Stallingborough. Conveyancing has not commenced, but I have just received a yearly maintenance charge demand – what should I do?

It best that you clear the maintenance contribution as you normally would given that all rents and maintenance invoices will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

Leasehold Conveyancing in Stallingborough - Examples of Queries Prior to buying

It would be sensible to discover as much as you can about the company managing the block as they will either make living at the property much easier or uncomfortable. Being a leasehold owner you will be at the mercy of the managing agents from a financial perspective and when it comes to every day matters like the cleanliness of the communal areas. You should not be afraid to ask prospective neighbours if they are happy with their service. Finally, investigate as to the dates that you are obliged pay the maintenance charge to the managing agents and specifically how they are spending that money. The best form of lease structure is a share of the freehold. In this situation the tenants benefit from being in charge if their destiny and notwithstanding that a managing agent is often retained where the building is bigger than a house conversion, the managing agent is directed by the tenants.