Find a Stansted Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Stansted

We wanted to use a property lawyer in Stansted for our house purchase. Our financial adviser informed us that our mortgage lenders Barclays won't deal with them. Surely this is unduly restrictive?

Pre- 2008 most lenders had a different appetite for risk. Almost all Stansted conveyancing firms would have been on most mortgage company panels. The Financial Services Authority in 2010 carried out a thematic investigation into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more data from law firms regarding their operations and the individuals who work for them and set certain criteria such a completing on a minimum number of transactions. Many Stansted conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Stansted is one of the hundreds of locations where the solicitors showing on our search results are are authorised to act for Barclays .

I purchased my home on 13 October and my personal details is yet to be on the land registry website. Need I be worried? My conveyancing solicitor in Stansted said it would be dealt with in less than a month. Are titles in Stansted particularly slow to register?

There is nothing unique about conveyancing in Stansted registration formalities. As opposed to being determined by geographic area, timeframes can differ depending on the party submitting the application, whether it is in order and whether the Land registry must send notices to any 3rd parties. Currently approximately three quarters of such applications are fully addressed within two weeks but some can be subject to protracted hold-ups. Historically registration is effected after the buyer is living at the premises so an expedited registration is not always top priority yet where it is urgent that the the registration takes place urgently then you or your solicitor can speak with the land registry and explain the circumstances.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Stansted. 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 legal work.

Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Stansted

    Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.

Do I need to be wary by third parties that I am dealing with are encouraging me to use a nationwide conveyancing firm rather than a High Street Stansted conveyancing company?

As with lots of professional services, often recommendations from relatives can be extremely useful or valuable. But there are lots of players in a conveyancing transaction; estate agents, financial adviser and mortgage companies might all suggest conveyancers to appoint. On occasion these lawyers might be known to one of the organisations as being good in their field, but occasionally there behind the scenes financial incentive behind the recommendation. You have the right to select your preferred lawyer. Don't forget that many lenders specify a panel list of conveyancers you must use for the lender related work in your home move.

We are in the midst of selling our flat in Stansted. Conveyancing lawyers are doing their job but we are being charged a fortune from the managing agents. To date we have forked out £250 for a leasehold management pack and then a further £117.20 for responses to questions raised by the purchaser's conveyancer.

You will not have control over the level of the bill for this information but the typical costs for the information for Stansted leasehold premises is £360. When it comes to Stansted conveyancing deals it is standard for the seller to cover the charges. The freeholder or their agents are under no legal obligation to answer these questions most will be content to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires capped charges for administrative tasks. Nor is there any legal time limit by which they are duty bound to supply the information.

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