is it true that all Stamford solicitors on the Principality conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the Principality approved list of solicitors they would need to be overseen by the SRA. The majority of mortgage companies do list licenced conveyancers on their panel and in such a situation the organisation would be governed by the Council of Licensed Conveyancers.
We are getting a further advance on our home loan from Nottingham as we wish to carry out renovations to our home in Stamford. Are we obliged to appoint a nearby Stamford solicitor on the Nottingham conveyancing panel to handle the legals?
Nottingham would not normally require a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Nottingham list.
I am selling my house. I had a double glazing fitted in July 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Clydesdale are being pedantic. The Stamford solicitor who is on the Clydesdale conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I opted to have a survey carried out on a house in Stamford ahead of appointing solicitors. I have been told that there is a flying freehold element to the house. My surveyor advised that some lenders tend refuse to issue a mortgage on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to telephone us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Stamford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stamford to see if the conveyancing will be more expensive.
My business partner and I are planning to lease a unit on a shopping parade. Can you recommend lawyers offering fixed charges for commercial conveyancing in Stamford for less than £2000?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Stamford, including the sale and acquisition of businesses as well as simply premises. If you are intending to purchase or sell a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right solicitor. Regarding the fees these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or email us so that we may furnish you with comprehensive commercial conveyancing calculation.
Completion is due on our sale of a £475,000 apartment in Stamford next week. The management company has quoted £396 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Stamford?
Stamford conveyancing on leasehold maisonettes often involves the purchaser’s lawyer submitting enquiries for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries the majority will be content to do so. They may charge a reasonable charge for answering enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is £350, in some cases it is in excess of £800. The administration charge invoiced by the landlord must be sent together with a synopsis of entitlements and obligations in respect of administration charges, otherwise the invoice is not strictly payable. Reality however dictates that one has no option but to pay whatever is demanded should you wish to exchange contracts with the buyer.
Leasehold Conveyancing in Stamford - A selection of Questions you should ask Prior to Purchasing
It is important to be aware if window replacement or some other significant cost is anticipated that will be shared amongst the leaseholders and may well materially increase the the maintenance costs or require a one off invoice. How much is the ground rent and service charge? Are there any major works in the near future that will increase the maintenance fees?
What is the best way to find the right lawyer for my conveyancing in Stamford ?
Option 1 is to ask the people you trust they would would instruct. Second, search the web for conveyancing in Stamford. Call a couple or more firms from the list and ask them to send you their conveyancing charges and speak to the lawyer who will conduct your conveyancing before you commit. Third is to make use of this site to help you find the right lawyers for you based on your unique factors including location,speed, complexity and who your intended mortgage company is.Avoid the trap of appointing lowest cost conveyancing solicitors in Stamford