I can see plenty of information on this site concerning conveyancing in Stamford Bridge but can you isolate your top tip for choosing the right conveyancer in Stamford Bridge

Do not opt for the cheapest Stamford Bridge conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. 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 know exactly what you’ll have to pay in ahead of time.

Does a directory service exist listing Nottingham panel conveyancers in Stamford Bridge on the Council of Mortgage Lender’s Website?

No. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. A small selection of banks make their panel listings available over the internet. If you are in need of a Stamford Bridge conveyancing practitioner on the Nottingham please make the most of our facility.

I have paid off my mortgage with Coventry BS. I assume I don't need a Stamford Bridge lawyer on the Coventry BS panel to remove the mortgage at the Land Registry. Am I right?

If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

1. but are not moving to another property
2. where Coventry BS has sent the Land Registry the discharge electronically, and
3. Coventry BS has instructed the Land Registry to do so

I have been on the look out for a flat up to £305k and identified one near me in Stamford Bridge I like with amenity areas and station in the vicinity, however it only has 49 years unexpired on the lease. There is not much else in Stamford Bridge in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you need a mortgage the remaining unexpired lease term may be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.

Am I better off to choose a Stamford Bridge conveyancing practitioner in close proximity to the house I am buying? We have a good friend who can perform the legal work but his firm is located 200miles drive away.

The benefit of a local Stamford Bridge conveyancing practice is that you can attend the office to execute paperwork, present your identification documents and apply pressure on them if necessary. They will also have local intelligence which is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and the majority were impressed that should outweigh using an unknown Stamford Bridge conveyancing lawyer just because they are Stamford Bridge based.

What are the frequently found deficiencies that you see in leases for Stamford Bridge properties?

There is nothing unique about leasehold conveyancing in Stamford Bridge. All leases are unique and drafting errors can sometimes mean that certain sections are erroneous. The following missing provisions could result in a defective lease:

Clauses dealing with recovering service charges for expenditure on the building or common parts.

You may encounter difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. HSBC Bank, Norwich and Peterborough Building Society, and TSB all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the purchaser to withdraw.

I invested in buying a leasehold flat in Stamford Bridge, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Stamford Bridge with a long lease are worth £171,000. The ground rent is £50 levied per year. The lease comes to an end on 21st October 2103

You have 79 years unexpired we estimate the price of your lease extension to be between £8,600 and £9,800 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.

What is the distinction between surveying and conveyancing in Stamford Bridge?

Conveyancing - in Stamford Bridge or anywhere in England and Wales - is the legal term given to transferring legal title of property from one person to another. It involves the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re intending to buy and will help you discover the condition of the building and, if there are problems, give you leverage for negotiating the buying price down or asking the seller to fix the problems before you move in.