Why would I instruct a Stepney conveyancing practice when internet based conveyancers are more affordable?
By all means make sure that you scrutinise conveyancing costs in Stepney and you should seek an affordable quote but don’t be focused with searching for the cheapest Stepney conveyancer. Finding the right conveyancer can be the difference between a seamless and a frustrating house move. You need to ensure that you have expert guidance from an experienced solicitor. Emails can't be as helpful as a telephone conversation and can never replicate a face to face appointment. The firms that we work with will find you a qualified and trusted conveyancing solicitor who can deal with your conveyancing from start to finish, giving the sort of hand holding that you rarely receive from an internet conveyancer. Our lawyers will keep you updated on progress and keep you informed. Should it ever be necessary to contact the firm you will be sure who to ask for and they will endeavour to make sure that you are in the know.
Having sold my house in Stepney last October but the buyer keeps telephoning daily to moan that her solicitor needs to hear from mine. What should have happened now that I have sold?
After completion of your sale your lawyer should forward the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Where relevant, your solicitor must also evidence that the home loan has been redeemed to the buyers lawyers. There is unlikely to be post completion procedures just for conveyancing in Stepney.
Is it the case that all Stepney solicitor practices on the Aldermore conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Aldermore conveyancing panel they would need to be governed by the SRA. Many mortgage companies do list licenced conveyancers on their panel in which case such firms would be overseen by the Council of Licensed Conveyancers.
How can we tell if a Stepney conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Stepney getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor conducting your conveyancing.
We have agreed to purchase a house in Stepney. A rare aspect is that the roof has a solar panel. TSB have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with TSB your lawyer must check the conveyancing instructions outlined in Section 2 of UK Finance Lenders’ Handbook for TSB. The CML Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancers are required to report to TSB where a lease fails to meet these conditions. The specifications relate to the installation of panels on properties in England and Wales and is not limited to Stepney.
How does conveyancing in Stepney differ for newly converted properties?
Most buyers of new build or newly converted property in Stepney approach us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is constructed. This is because developers in Stepney tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Stepney or who has acted in the same development.
I decided to have a survey completed on a house in Stepney prior to appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies may not grant a loan on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Stepney. Conveyancing will be smoother if you use a solicitor in Stepney especially if they are acquainted with such properties in Stepney.