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Find a Stamford Hill Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Stamford Hill? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Stamford Hill transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Stamford Hill conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Stamford Hill

Why would I use a Stamford Hill conveyancing practice when internet based alternatives are cheap by comparison?

Its a good idea to compare conveyancing costs in Stamford Hill and you should seek a reasonable quote but don’t become consumed with scouring the internet for the cheapest Stamford Hill conveyancer. Finding the right conveyancer can mark the distinction between a seamless and a stressful move. It is important that you ensure that you have expert advice from a trusted conveyancer. An e-mail can never take the place of a phone call and can never replicate a one to one appointment. Our partner firms will appoint you a qualified and experienced conveyancing solicitor that will deal with your conveyancing from beginning to end, giving the sort of hand holding that you are unlikely to received from an online conveyancer. Our lawyers will update you on headway making sure that you are regularly updated. Should it ever be necessary to call the firm you will be sure who to ask for and they will ensure you are in the know.

Is it the case that all Stamford Hill CQS (Conveyancing Quality Scheme) solicitors are on the Nottingham conveyancing panel?

Some major banks and building societies now make use of CQS as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of conveyancing solicitors.

I'm in the process of viewing apartments in Stamford Hill and I am now considering a potential offer. Is it too early to have a solicitor in place? I intend to finance via a mortgage with Leeds Building Society.

You should start requesting conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the EA. As you are getting a mortgage with Leeds Building Society, ask your prospective lawyers if they are on the Leeds Building Society conveyancing panel otherwise they can't do the mortgage legal work.

I have today made my last payment due on my mortgage with Santander. I assume I don't need a Stamford Hill lawyer on the Santander panel to remove the mortgage at the Land Registry. Please confirm.

If you have finished paying off your Santander 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 Santander mortgage from the register. Santander, 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 Santander has sent the Land Registry the discharge electronically, and
  3. Santander has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Santander mortgage has been paid off.

I am purchasing my first flat in Stamford Hill with a loan from Bank of Ireland. The builders would not move on the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not inform my lawyer about this deal as it would affect my mortgage with Bank of Ireland. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I work for a reputable estate agent office in Stamford Hill where we have experienced a few leasehold sales jeopardised due to leases having less than 80 years remaining. I have received inconsistent advice from local Stamford Hill conveyancing firms. Can you confirm whether the owner of a flat can initiate the lease extension formalities for the buyer?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

I am the proprietor of a a ground floor purpose built flat in Stamford Hill. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?

Most certainly. We are happy to put you in touch with a Stamford Hill conveyancing firm who can help.

An example of a Lease Extension case for a Stamford Hill residence is Flat 25, Stamford Hill Mansions Stamford Hill in April 2010. The Tribunal therefore determined that the premium to be paid by the lessee to the freeholder for the extension of the lease should be £28,984.00 This case related to 1 flat. The number of years remaining on the existing lease(s) was 59 years.

Why is New Build conveyancing in Stamford Hill more expensive?

Buying a brand new property is significantly distinct from the normal house purchase conveyancing in Stamford Hill. Firstly housebuilders usually require contracts to exchange very quickly, the result being a a great deal of pressure on your conveyancing practitioner to make sure everything is in order. In addition new build properties often involve the checking of adoption of highways, drains, planning considerations, building warranties or architects certificates. Mortgage lender requirements are also more detailed. Given the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.

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